In 2024, Romania leads the European Cultivation Machinery Real Price Index for Agriculture with a significant increase to 44.2%. Malta and Belgium follow with increases of 10.01% and 9.39%, respectively. Other notable increases are seen in Poland, Sweden, and Greece. In contrast, Austria, Italy, and Spain experience negative growth, with Ireland and Croatia facing the biggest declines at -5.52% and -9.59%. Year-on-year trends show fluctuating demand and supply dynamics, with an average 5-year CAGR suggesting varying investment priorities across countries.
Future trends to watch include technological advancements, policy changes affecting agricultural subsidies, and sustainability initiatives, which could reshape the cultivation machinery landscape and influence index changes across Europe.
Top countries in Cultivation Machinery Real Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Romania | 44.2 | 2022 | View data |
| 2 | 2 Malta | 10.01 | 2022 | View data |
| 3 | 3 Belgium | 9.39 | 2022 | View data |
| 4 | 4 Poland | 7.93 | 2022 | View data |
| 5 | 5 Sweden | 7.86 | 2022 | View data |
| 6 | 6 Greece | 5.46 | 2022 | View data |
| 7 | 7 Denmark | 4.64 | 2022 | View data |
| 8 | 8 Luxembourg | 4.52 | 2022 | View data |
| 9 | 9 Slovenia | 4.24 | 2022 | View data |
| 10 | 10 Germany | 3.96 | 2022 | View data |
