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.