The import of self-propelled forage harvesters to the Netherlands showed a significant decline over the past decade. From 2013 to 2023, the import volume drastically fell from its peak in 2013 and experienced minimal fluctuations. As of 2023, the import volume stood at 0.139 thousand items. Over the past two years, the year-on-year variation showed a decrease of 2.11% in 2023, following a moderate decline of 5.33% in 2022. The average annual variation (CAGR) from 2018 to 2023 was 11.96%, indicating a general recovery despite periodic fluctuations.
Looking forward, from 2024 to 2028, the forecast suggests a continued slight decline in imports with an average annual drop (forecasted 5-year CAGR) of -1.83%, resulting in a total reduction of 8.82% by 2028.
Future Trends to Watch:
- Technological advancements in forage harvesters driving increased efficiency and reduced need for frequent imports.
- Potential economic or policy changes within the EU affecting agricultural machinery imports.
- Shifts in domestic agricultural practices possibly reducing dependence on imported harvesters.
- Global supply chain disturbances impacting the availability and cost of imported machinery.
