In 2023, France imported tractors with an engine power less than 37 kW amounting to approximately 35.7 thousand items. From 2024 to 2028, imports are forecasted to follow an upward trend with a steady increase each year: 0.92% in 2025, 0.94% in 2026, 0.90% in 2027, and 0.86% in 2028. The compounded annual growth rate over this five-year period is projected at 0.90%, indicating a consistent but modest growth trajectory in the import volume.
Future trends to watch for:
- Technological advancements leading to enhanced efficiency of tractors may influence market dynamics and import needs.
- Regulatory changes on emissions and environmental impacts could alter demand patterns.
- Potential economic fluctuations might impact purchasing power and alter forecasted trends.