The European Forestry and Agricultural Machinery sector has seen varied trends across countries. Italy leads with the highest number of enterprises, despite a recent decline. Spain and Poland are significant players, though both experienced small contractions. The UK bucked the trend with a positive growth rate. Notably, Belgium showed a strong increase, while Eastern European nations like Hungary and Romania faced steeper declines.
Future trends to watch include:
- The potential recovery and growth within leading markets such as Italy and Spain.
- Continued diversification and adaptation in Western countries like the UK.
- A focus on technological advancements and sustainable practices that may influence enterprise dynamics.
Top countries in Forestry and Agricultural Machinery Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,190 | 2023 | -3.65% | -2.8% | View data |
| 2 | 2 Spain | 671 | 2023 | -0.3% | -1.37% | View data |
| 3 | 3 Poland | 645 | 2023 | -1.68% | -0.46% | View data |
| 4 | 4 United Kingdom | 588 | 2023 | +1.55% | +1.49% | View data |
| 5 | 5 Germany | 540 | 2023 | -0.37% | -0.8% | View data |
| 6 | 6 France | 463 | 2023 | -0.43% | -0.68% | View data |
| 7 | 7 Greece | 410 | 2023 | 0% | -0.39% | View data |
| 8 | 8 Netherlands | 352 | 2023 | +0.28% | +0.99% | View data |
| 9 | 9 Belgium | 178 | 2023 | +7.23% | +5.38% | View data |
| 10 | 10 Czech Republic | 166 | 2023 | -6.21% | -5.9% | View data |
