The Scarifiers and Cultivators market in Spain has shown a general upward trend from 2012 to 2022, with the market size increasing from €16.275 million in 2012 to €24.684 million in 2022. The market experienced some fluctuation, notably a decrease in both 2012 and 2013, followed by substantial growth peaking in 2015. The years 2014 through 2020 exhibited consistent year-on-year increases, with notable growth rates in specific years such as 13.84% in 2015. From 2021 to 2022, the market continued to grow steadily, with year-on-year variations of 1.74% and 2.24% respectively. The Compound Annual Growth Rate (CAGR) over the last 5 years stands at 3.02%.
Future trends to watch for include technological advancements in agricultural machinery, increasing demand for efficient farming equipment, and governmental subsidies supporting modern farming techniques. Market players should also keep an eye on fluctuations in agricultural production and economic conditions affecting farmers' purchasing power.
