In 2023, Italy's import of tractors stood at 1.887 billion US Dollars. From 2024 onwards, the data represents forecasted values. The import values are projected to follow a steady upward trend.
- Year 2024: 1.925 billion USD, a 2.01% increase from 2023.
- Year 2025: 1.9647 billion USD, a 2.06% increase from 2024.
- Year 2026: 2.0036 billion USD, a 1.98% increase from 2025.
- Year 2027: 2.0417 billion USD, a 1.90% increase from 2026.
- Year 2028: 2.079 billion USD, a 1.83% increase from 2027.
The Compound Annual Growth Rate (CAGR) over the last five years is approximately 1.94%, indicating a consistently moderate growth rate in tractor imports to Italy.
Future trends to watch for include advancements in agricultural technology, changes in EU trade policies, and shifts in domestic agricultural demand, all of which could impact the volume and value of tractor imports to Italy over the coming years.
