Forecast: Number of Persons Employed in Wholesale of Agricultural Machinery, Equipment and Supplies Sector in Italy

In 2023, the employment in the wholesale of agricultural machinery, equipment, and supplies sector in Italy was approximately 12.48 thousand employees. Looking ahead, the sector is forecasted to witness a steady increase. By 2024, the number of employed persons is projected to reach 12.56 thousand, continuing to rise incrementally each year, reaching an estimated 12.88 thousand by 2028.

The year-on-year growth rates are relatively consistent at around 0.64% from 2024 to 2028. The anticipated compound annual growth rate (CAGR) over this five-year period is approximately 0.64%.

Future trends to watch for include:

  • The impact of technological advancements on employment as automation in agricultural machinery evolves.
  • Potential economic influences, such as EU policies affecting the agricultural sector.
  • Shifts in market demand driven by sustainability and green technology requirements.

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