In 2024, the European Tractors Price Index for Agriculture reveals significant variations across countries. Cyprus leads with a substantial increase of 81.1%, followed by Romania at 42.06%. Belgium, Austria, and Poland show moderate growth, while countries like Bulgaria and Lithuania display a decrease, with Lithuania at a notable -22.75%. This variation indicates differing economic conditions impacting agricultural machinery investments. Most countries have experienced a modest year-on-year growth over the past two years.
Future trends to watch include:
- Economic recovery impacts on machinery investment.
- Technological advancements influencing price dynamics.
- Regulatory changes affecting agricultural machinery markets.
- Environmental policies driving demand for sustainable equipment.
Top countries in Tractors Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Cyprus | 81.1 | 2022 | View data |
| 2 | 2 Romania | 42.06 | 2022 | View data |
| 3 | 3 Belgium | 20.7 | 2022 | View data |
| 4 | 4 Austria | 12.85 | 2022 | View data |
| 5 | 5 Poland | 12.39 | 2022 | View data |
| 6 | 6 Estonia | 12.19 | 2022 | View data |
| 7 | 7 Netherlands | 12.1 | 2022 | View data |
| 8 | 8 Ireland | 11.92 | 2022 | View data |
| 9 | 9 Luxembourg | 11.14 | 2022 | View data |
| 10 | 10 Germany | 11.13 | 2022 | View data |
