The Agricultural and Forestry Machinery Manufacturing market in Ireland reached a size of 431.5 million euros in 2023. With fluctuating growth rates over the last decade, significant expansion was recorded between 2018 and 2023, highlighted by a notable improvement in 2022 with a 11.95% year-on-year increase. The last five years saw an average compound annual growth rate (CAGR) of 3.75%. Despite slight declines in 2016, 2017, 2020, and 2021, the market has generally trended upwards, surpassing 400 million euros for the first time in 2022.
For future trends, watch for:
- Technological advancements and automation in machinery.
- Increased government initiatives supporting sustainable forestry practices.
- The potential impact of economic fluctuations on export demand.
- Adaptation to environmental and climate change regulations influencing equipment design.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 6,355,700,000 | 2023 | +0.42% | -0.088% | View data |
| 2 | 2 Poland | 1,754,200,000 | 2023 | +1.07% | -1.07% | View data |
| 3 | 3 Spain | 1,733,900,000 | 2023 | +3.35% | +1.38% | View data |
| 4 | 4 United Kingdom | 1,652,900,000 | 2023 | +1.11% | +1.06% | View data |
| 5 | 5 Romania | 1,128,500,000 | 2023 | +4.98% | +2.42% | View data |
| 8 | 8 Hungary | 681,220,000 | 2023 | +4.53% | +0.6% | View data |
| 9 | 9 Portugal | 586,890,000 | 2023 | +3.26% | +2.43% | View data |
| 10 | 10 Ireland | 431,500,000 | 2023 | +4.42% | +3.75% | |
| 11 | 11 Estonia | 224,370,000 | 2023 | +0.89% | -0.68% | View data |
