Forecast: Import of Agricultural, Horticultural or Forestry Machinery to Germany

In 2023, Germany's import of agricultural, horticultural, or forestry machinery stood at 640 million US dollars. In 2024, the forecasted value is 653.84 million, with subsequent years showing a steady increase to 702.77 million by 2028. Year-on-year, the variations are approximately 1.9% from 2024 to 2025, 1.9% from 2025 to 2026, 1.8% from 2026 to 2027, and 1.7% from 2027 to 2028. Over the next five years, a Compound Annual Growth Rate (CAGR) of approximately 2% is projected.

Future trends to watch for:

  • Technological advancements driving machinery efficiency, potentially increasing demand.
  • Fluctuations in global agricultural policies that may impact import dependencies.
  • Economic shifts within the European Union influencing trade incentives and barriers.

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