The European Tractors Price Index for Agriculture shows significant variability across countries as of 2024. Romania and Cyprus display the highest index values, indicating elevated price levels, while Lithuania and Bulgaria show the lowest. Notably, Cyprus experienced a substantial year-on-year increase of over 30% in 2022, reflecting sharp price growth. Conversely, most countries fell in a moderate range with single-digit increases, indicative of stable market conditions.
Looking ahead, crucial trends to monitor include the impact of technological advancements and sustainability shifts on tractor prices. Additionally, economic conditions and agricultural policies in the EU could dynamically influence the pricing dynamics across member states.
Top countries in Tractors Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 255.17 | 2022 | +42.06% | +22.83% | View data |
| 2 | 2 Cyprus | 224.62 | 2022 | +81.1% | +31.06% | View data |
| 3 | 3 Hungary | 150.5 | 2022 | +10.18% | +9.86% | View data |
| 4 | 4 Sweden | 144.42 | 2022 | +9.33% | +6.31% | View data |
| 5 | 5 Malta | 143.25 | 2022 | +4.54% | +5.16% | View data |
| 6 | 6 Belgium | 135.85 | 2022 | +20.69% | +7.12% | View data |
| 7 | 7 Poland | 135.34 | 2022 | +12.39% | +8.1% | View data |
| 8 | 8 Estonia | 130.54 | 2022 | +12.19% | +5.64% | View data |
| 9 | 9 Spain | 128.94 | 2022 | +4.23% | +5.18% | View data |
| 10 | 10 Netherlands | 126.9 | 2022 | +12.1% | +4.63% | View data |