The forecasted production of new agricultural and forestry wheeled tractors in Germany, with engine power exceeding 90 kW, is expected to grow steadily from 2024 to 2028. Starting at 2.0001 Billion Euros in 2024, the production value grows consistently each year, reaching 2.0995 Billion Euros by 2028. From 2025 to 2026, the year-on-year growth is approximately 1.24%, from 2026 to 2027 it is around 1.20%, and from 2027 to 2028 it further slows slightly, indicating a stable increase. The compound annual growth rate (CAGR) over this five-year period stands at about 1.22%.
Future trends to watch include advances in tractor technology for increased efficiency and the impact of sustainability trends on the demand and production of agricultural machinery. Additionally, fluctuations in the agricultural sector's profitability could affect investment in new equipment.
