The European Cultivation Machinery Price Index for Agriculture in 2024 shows significant disparity among countries, with Romania leading at 21.295 and Croatia at the lower end with 10.015. In the last year, Lithuania showed remarkable growth with a 17.18% increase, whereas some other countries like Ireland and Croatia demonstrated minimal change. Over the past five years, price variations have remained consistent, influenced by regional market conditions and agricultural demands.
Looking forward, we anticipate:
- Innovations in agricultural technology may moderate price increases.
- EU policies on sustainable farming might impact production costs.
- Shifts in demand for eco-friendly machinery are likely to continue.
- Economic fluctuations could affect purchasing power and machinery investments.
Top countries in Cultivation Machinery Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 212.95 | 2022 | +61.53% | +10.57% | View data |
| 2 | 2 Poland | 169.37 | 2022 | +22.19% | +11.75% | View data |
| 3 | 3 Slovenia | 138.81 | 2022 | +13.96% | +7.18% | View data |
| 4 | 4 Hungary | 138.3 | 2022 | +11.8% | +6.84% | View data |
| 5 | 5 Belgium | 137.16 | 2022 | +20.7% | +7.12% | View data |
| 6 | 6 Sweden | 136.95 | 2022 | +16.55% | +7.87% | View data |
| 7 | 7 Cyprus | 131.53 | 2022 | +11.4% | +8.33% | View data |
| 8 | 8 Germany | 129.5 | 2022 | +13% | +5.65% | View data |
| 9 | 9 Luxembourg | 127.98 | 2022 | +13.05% | +5.24% | View data |
| 10 | 10 Malta | 127.59 | 2022 | +16.77% | +7.03% | View data |
