In 2023, Italy led the European forestry and agricultural machinery enterprises with an 18.21% share, though experiencing a 2.8% decline. Spain followed with a 10.28% contribution, decreasing by 1.37%. The United Kingdom showed growth with a 1.49% increase, while Germany, despite an 8.28% share, saw a 0.8% drop. Notably, Belgium increased by 5.38%, and Estonia had a significant rise of 2.71%. Lithuania exhibited the most growth at 4.56%.
Future trends to watch include technological advancements in machinery that may drive enterprise consolidation, regulatory changes impacting smaller enterprises, and shifts in demand due to environmental considerations and agricultural policies across Europe.
Top countries in Forestry and Agricultural Machinery Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 18.21 | 2023 | -3.65% | -2.8% | View data |
| 2 | 2 Spain | 10.28 | 2023 | -0.3% | -1.37% | View data |
| 3 | 3 Poland | 9.89 | 2023 | -1.68% | -0.46% | View data |
| 4 | 4 United Kingdom | 9.01 | 2023 | +1.55% | +1.49% | View data |
| 5 | 5 Germany | 8.28 | 2023 | -0.37% | -0.8% | View data |
| 6 | 6 France | 7.1 | 2023 | -0.43% | -0.68% | View data |
| 7 | 7 Greece | 6.28 | 2023 | 0% | -0.39% | View data |
| 8 | 8 Netherlands | 5.39 | 2023 | +0.28% | +0.99% | View data |
| 9 | 9 Belgium | 2.73 | 2023 | +7.23% | +5.38% | View data |
| 10 | 10 Czech Republic | 2.54 | 2023 | -6.21% | -5.9% | View data |
