In 2023, Italy led European sold production of agricultural machinery parts with 748.92 million euros, followed by France at 210.09 million euros and Czechia at 116.01 million euros. The strongest year-on-year growth was seen in the Netherlands (29.76%) and Austria (18.23%). Italy also showed significant growth at 18.18%, while Sweden and Romania experienced declines of 6.98% and 6.18%, respectively. Notable market variability over the past five years suggests a dynamic sector influenced by innovation, economic conditions, and policy changes.
Future trends to watch include technological advancements in machinery parts, sustainable farming solutions impacting production demand, and regulatory developments within the EU that may shape manufacturing priorities and export opportunities. Economic shifts and trade agreements will also play a critical role in determining market dynamics and production capacities across different European countries.
Top countries in Sold Production of Parts of Agricultural, Horticultural or Forestry Machinery for Soil Preparation or Cultivation by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 748,920,000 | 2023 | +2.66% | +18.18% | View data |
| 2 | 2 France | 210,090,000 | 2023 | +3.57% | +4.53% | View data |
| 3 | 3 Czechia | 116,010,000 | 2023 | |||
| 4 | 4 Spain | 109,780,000 | 2023 | +2.56% | +3.44% | View data |
| 5 | 5 Poland | 77,064,000 | 2023 | +3.34% | +3.58% | View data |
| 6 | 6 Austria | 71,941,000 | 2023 | +10.96% | +18.23% | View data |
| 7 | 7 Sweden | 66,501,000 | 2023 | +7.29% | -6.98% | View data |
| 8 | 8 United Kingdom | 59,044,000 | 2023 | +0.42% | +1.24% | View data |
| 9 | 9 Hungary | 54,066,000 | 2023 | +2.09% | -4.02% | View data |
| 10 | 10 Netherlands | 45,289,000 | 2023 | +3.51% | +29.76% | View data |
