Between 2013 and 2023, the market size for harrows, scarifiers, cultivators, weeders, and hoes in Bulgaria fluctuated, experiencing initial declines followed by recovery in recent years. In 2023, the market value stood at 33.432 million Euros, recovering with a 3.88% year-on-year increase from 2022. The most recent five-year CAGR is 1.18%, indicating a modest overall annual growth rate.
Future trends to watch include technological advancements, changes in agricultural policies, and climate impacts that could influence demand and innovation in agricultural equipment within the Bulgarian market.
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 295,310,000 | 2023 | +1.18% | +3.54% | View data |
| 2 | 2 United Kingdom | 71,423,000 | 2023 | -0.12% | -1.54% | View data |
| 3 | 3 Hungary | 61,787,000 | 2023 | +4.93% | +3.79% | View data |
| 4 | 4 Spain | 50,767,000 | 2023 | +1.94% | +1.44% | View data |
| 5 | 5 Poland | 39,418,000 | 2023 | -3.31% | -3.91% | View data |
| 6 | 6 Bulgaria | 33,432,000 | 2023 | +3.88% | +1.18% | |
| 7 | 7 Lithuania | 22,582,000 | 2023 | +3.74% | +3.92% | View data |
| 8 | 8 Finland | 20,792,000 | 2023 | -0.071% | +4.48% | View data |