The Spanish market for Harrows, Scarifiers, Cultivators, Weeders, and Hoes experienced mixed trends over the past decade. The market size value fluctuated from 39.15 million Euros in 2012, reaching its peak at 47.261 million Euros in 2018. However, it faced several downturns with values dropping in specific years like 2013, 2016, 2017, 2019, and significantly in 2020. Year-on-year variations highlight this instability, with notable growths in some years like 2014 and 2015, followed by declines in others. The compound annual growth rate (CAGR) over the last five years to 2022 shows a slight average annual decrease of -0.1%, indicating a relatively stagnant market recently.
Future trends to watch for:
- Technological advancements in agricultural tools may spur demand.
- Increasing focus on sustainable and efficient farming practices.
- Government policies and subsidies affecting market dynamics.
- Impacts of climate change and subsequent shifts in agricultural practices.
How does Spain rank in Harrows, Scarifiers, Cultivators, Weeders and Hoes Market Size Value?
| # | 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% | |
| 5 | 5 Poland | 39,418,000 | 2023 | -3.31% | -3.91% | View data |
| 6 | 6 Bulgaria | 33,432,000 | 2023 | +3.88% | +1.18% | View data |
