The European Livestock Machinery Real Price Index shows significant variation across countries. In 2023, Cyprus and Hungary led with high index values, indicating stronger market activity. Finland and Lithuania had moderate values, while Romania was at the lower end of the scale. Year-over-year analysis from 2022 indicates noticeable increases in Cyprus and Hungary, whereas declines were recorded in Denmark and Croatia. The five-year CAGR also reflects these trends, with positive growth in Cyprus and Hungary and stagnation or decline in Romania and Croatia.
Future trends to watch include advancements in agricultural technology and its influence on machinery prices. Economic shifts and policy changes within the EU could further impact these indices, potentially affecting forecast accuracy.
Top countries in Livestock Machinery Real Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 160.42 | 2022 | +31.99% | +16.88% | View data |
| 2 | 2 Hungary | 158.87 | 2022 | +18.72% | +15.8% | View data |
| 3 | 3 Finland | 125.12 | 2022 | +10.5% | +5.09% | View data |
| 4 | 4 Lithuania | 124.49 | 2022 | -6.76% | +7.21% | View data |
| 5 | 5 Sweden | 116.49 | 2022 | +7.61% | +4.17% | View data |
| 6 | 6 Belgium | 111.28 | 2022 | +9.39% | +2.43% | View data |
| 7 | 7 Ireland | 110.82 | 2022 | +4.51% | +2.65% | View data |
| 8 | 8 Poland | 107.67 | 2022 | +4.06% | +2.32% | View data |
| 9 | 9 Netherlands | 103.36 | 2022 | +0.42% | -0.44% | View data |
| 10 | 10 Italy | 99.65 | 2022 | -2.4% | -0.63% | View data |
