The export of tractors from Switzerland is expected to see a gradual decline over the next five years. Starting from a value of USD 49.116 million in 2024, the forecasted values dip slightly each year, reaching USD 48.484 million by 2028. When compared to an assumed base year of 2023, these forecasted figures indicate a year-on-year decrease, averaging approximately 0.3%. This downward trend is modest but consistent, with a compound annual growth rate (CAGR) over the five-year period reflecting a small negative growth rate.
Future trends to watch for include potential impacts of geopolitical events, currency fluctuations, and changes in global demand for agricultural machinery. Additionally, innovations in tractor technology and sustainability initiatives could influence market dynamics and potentially offset the predicted downward trend.
