The European sold production of agricultural and forestry machinery reveals significant variability across countries. France leads the market with a share of 33.01%, followed closely by Spain at 25.98%. Germany and the United Kingdom contribute smaller shares of 8.1% and 7.1%, respectively. Austria also holds a notable share of 6.7%, while smaller countries like Slovakia, Estonia, and Hungary have much lower contributions. Noteworthy changes from 2023 to 2024 include France’s 8.64% increase and impressive gains in Ireland with a 47.96% rise. Conversely, Italy, Serbia, Bulgaria, and Norway experience significant declines.
Looking ahead, future trends to watch include technological advancements in machinery, sustainable and eco-friendly innovations, and shifts in agricultural practices across Europe. Countries investing in modernization and eco-friendly technologies could potentially see substantial growth in their market share.
Top countries in Sold Production of Agricultural and Forestry Machinery Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 33.01 | 2023 | +4.64% | +8.64% | View data |
| 2 | 2 Spain | 25.98 | 2023 | +5.46% | +2.81% | View data |
| 3 | 3 Germany | 8.1 | 2023 | +12.79% | -2.64% | View data |
| 4 | 4 United Kingdom | 7.1 | 2023 | +3.89% | -6.63% | View data |
| 5 | 5 Austria | 6.7 | 2023 | +9.45% | +9.12% | View data |
| 6 | 6 Poland | 6.36 | 2023 | -10.01% | -8.11% | View data |
| 7 | 7 Slovakia | 2.89 | 2023 | +4.03% | -1.08% | View data |
| 8 | 8 Estonia | 1.78 | 2023 | -0.08% | -10.73% | View data |
| 9 | 9 Hungary | 1.64 | 2023 | -0.028% | -3.23% | View data |
| 10 | 10 Italy | 1 | 2023 | -60.68% | -31.15% | View data |
