In 2023, the turnover per employee in the renting and leasing of agricultural machinery and equipment sector in Italy was approximately 90.7 thousand Euros. Forecasted data from 2024 to 2028 shows a gradual increase with values ranging from 91.3 to 93.5 thousand Euros. The year-on-year growth rates from 2024 to 2028 are steady, with a slight increase annually. This results in a compound annual growth rate (CAGR) over the five-year forecast period that is modest, showing a stable sector performance.
Future trends to watch for include:
- The impact of technological advancements on leasing efficiency and rental models.
- Shifts in agricultural practices and their influence on machinery demand.
- Policy changes in Italy related to agricultural subsidies and investments.