The European Cultivation Machinery Real Price Index shows significant variation among countries, with Romania leading at 16.5 and Croatia lowest at 8.552, based on 2015 values. Notable year-on-year price increases were observed in countries like Cyprus and Lithuania, while Hungary, Ireland, Spain, Austria, and Croatia saw declines. Over the past five years, compound annual growth rates indicate varying trends, with some positive growth in countries like Romania and Poland, contrasting with declines in Ireland and Croatia.
Future trends to watch include:
- Potential continued price increases in countries with strong recent growth, such as Romania and Cyprus.
- A focus on technological advancements in agriculture, influencing machinery pricing.
- The impact of economic and environmental policies on agricultural machinery costs.
Top countries in Cultivation Machinery Real Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 165 | 2022 | +44.19% | +4.25% | View data |
| 2 | 2 Poland | 130.89 | 2022 | +7.93% | +4.16% | View data |
| 3 | 3 Cyprus | 119.39 | 2022 | +3.06% | +5.16% | View data |
| 4 | 4 Slovenia | 118.7 | 2022 | +4.24% | +3.43% | View data |
| 5 | 5 Sweden | 114.71 | 2022 | +7.87% | +3.98% | View data |
| 6 | 6 Greece | 113.1 | 2022 | +5.46% | +3.51% | View data |
| 7 | 7 Malta | 112.22 | 2022 | +10.01% | +4.4% | View data |
| 8 | 8 Belgium | 111.28 | 2022 | +9.39% | +2.43% | View data |
| 9 | 9 Denmark | 110.95 | 2022 | +4.64% | +2.77% | View data |
| 10 | 10 Germany | 109.1 | 2022 | +3.95% | +1.58% | View data |
