In 2023, Germany led the European production of harvesting or threshing machinery parts, valued at 988.74 million euros, followed by France with significant growth of 38.67%, reaching 680.78 million euros. Other notable performers included Czechia and Poland. Italy saw a minor decline of 0.73%, while the UK experienced a reduction of 3.77%. Slovakia and Belgium exhibited strong annual growth rates of 16.73% and 13.59%, respectively. Notable declines were recorded in Spain (-10.63%) and Greece (-6.73%). Over five years, the industry has witnessed stable growth, with countries like Slovakia performing exceptionally well.
Future trends to watch include:
- Continued innovation in agricultural technology potentially driving increased demand and production.
- Environmental and sustainability concerns influencing production practices and machinery development.
- Potential impacts of economic fluctuations and trade policies on the supply chain and market access.
Top countries in Sold Production of Harvesting or Threshing Machinery Parts by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 988,740,000 | 2021 | +14.68% | View data | |
| 2 | 2 France | 680,780,000 | 2023 | +22.54% | +38.67% | View data |
| 3 | 3 Czechia | 241,270,000 | 2023 | |||
| 4 | 4 Poland | 238,900,000 | 2023 | +2.32% | +0.61% | View data |
| 5 | 5 Italy | 213,980,000 | 2023 | +2.88% | -0.73% | View data |
| 6 | 6 Netherlands | 138,540,000 | 2023 | +2.04% | +3% | View data |
| 7 | 7 Belgium | 99,665,000 | 2023 | +2.35% | +13.59% | View data |
| 8 | 8 Hungary | 99,312,000 | 2023 | +0.84% | +0.18% | View data |
| 9 | 9 Slovakia | 79,588,000 | 2023 | +5.4% | +16.73% | View data |
| 10 | 10 United Kingdom | 48,893,000 | 2023 | -0.92% | -3.77% | View data |
