The turnover for Forestry and Agricultural Machinery in France experienced fluctuations from 2013 to 2023, with an actual value of 7.04 Billion Euros in 2023. Major impacts were noted in 2017 and 2018 with significant year-on-year increases of 29.48% and 17.6% respectively, followed by a slight decline and stabilization. The last two years saw minor annual increases of around 1.41% in 2022 and 1.37% in 2023. Analyzing recent trends, the 5-year CAGR as of 2023 stands at 1.72%, demonstrating moderate growth.
Moving forward, forecasted data from 2024 to 2028 suggests a steady upward trend with an average annual increase of 1.01% and a 5-year cumulative growth rate of 5.15%. Key trends to watch include technological advancements in machinery, sustainability practices, and evolving agricultural policies impacting the sector.
