The European Harvesting Machinery Real Price Index reflects variations in agricultural machinery prices across countries from 2015 to date. In 2023, Malta leads with a significant index value of 16.041, indicating a high relative cost. Nordic countries like Sweden also show elevated indices, though growth patterns vary. Notably, Southern European nations like Cyprus and Italy are experiencing moderate index values with a steady increase. Conversely, Eastern European countries, including Hungary and Czech Republic, display diminishing trends. Denmark shows the most substantial recent decrease, indicating potential economic or agricultural policy changes. Year-on-year changes reveal upward trends in Malta and Cyprus, while declines are observed in Denmark and Croatia.
Future trends to watch include the impact of technological advancements on machinery prices, potential regulatory changes across the EU, and economic shifts due to environmental policies. Countries with increasing real price indices might see continued investment in efficient and high-tech equipment, whereas those with declining indices may prioritize accessible machinery to sustain agricultural productivity.
Top countries in Harvesting Machinery Real Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 160.41 | 2022 | +7.69% | +8.36% | View data |
| 2 | 2 Sweden | 121.41 | 2022 | +6.29% | +3.47% | View data |
| 3 | 3 Cyprus | 121.06 | 2022 | +8.77% | +7.15% | View data |
| 4 | 4 Slovenia | 117.21 | 2022 | +2.78% | +3.19% | View data |
| 5 | 5 Lithuania | 115.35 | 2022 | +0.55% | +6.6% | View data |
| 6 | 6 Italy | 115.15 | 2022 | +3.79% | +3.24% | View data |
| 7 | 7 Spain | 114.34 | 2022 | +0.43% | +2.11% | View data |
| 8 | 8 Poland | 112.63 | 2022 | +3.81% | +1.51% | View data |
| 9 | 9 Belgium | 111.28 | 2022 | +9.39% | +2.43% | View data |
| 10 | 10 Portugal | 110.85 | 2022 | +4.51% | +2.8% | View data |
