In 2023, Germany leads the European import market for agricultural and forestry machinery with an 18.38% share, followed by France at 15.71%. Significant growth was observed in Belgium, Netherlands, and Spain with year-on-year increases of 11.62%, 8.65%, and 10.99% respectively. Italy and Portugal also showed noteworthy gains. Conversely, the United Kingdom, Greece, and Hungary experienced slight declines, with Slovakia and Luxembourg recording the most significant drops of over 20%.
Future trends to watch include the potential for continued growth in countries with recent positive trends like Belgium and Spain. Additionally, technological advancements and sustainable practices in machinery may shape future import demands across Europe.
Top countries in Import of Agricultural and Forestry Machinery Share by Country (Units (Items))
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 18.38 | 2023 | +3.04% | +3.27% | View data |
2 | 2 France | 15.71 | 2023 | +1.45% | +3.03% | View data |
3 | 3 Belgium | 8.81 | 2023 | +5.79% | +11.62% | View data |
4 | 4 Netherlands | 8.44 | 2023 | +3.28% | +8.65% | View data |
5 | 5 Spain | 7.42 | 2023 | +1.83% | +10.99% | View data |
6 | 6 Poland | 6.34 | 2023 | +2.71% | +2.86% | View data |
7 | 7 United Kingdom | 6.21 | 2023 | -3.81% | -0.9% | View data |
8 | 8 Italy | 4.36 | 2023 | -2.08% | +9.41% | View data |
9 | 9 Romania | 2.95 | 2023 | +4.12% | +2.21% | View data |
10 | 10 Sweden | 2.46 | 2023 | +5.79% | +3.68% | View data |