The German market for agricultural machinery has decreased by 3% since 2000 to a value of Euro 3.4 billion (US$3.2 billion) in 2001. The market has increased by 6.6% over the review period as a whole. The year 2001 was characterized by declining sales in agricultural engineering. In addition to the general economic slowdown, the markets were suppressed by sustained low prices for grain as well as the effects of BSE and foot-and-mouth. This report is part of Euromonitor’s highly successful Major Market Profiles series. These briefings provideconcise, up-to-date, accurate and affordable analysis of 156 commercial, industrial and service sectors in key countries.
