In 2023, the number of employees in the UK's wholesale sector of agricultural machinery, equipment, and supplies was 23.1 thousand. From 2024 onwards, forecasts indicate a steady year-on-year increase in employment, with figures rising to 24.75 thousand by 2028. The compound annual growth rate (CAGR) over the next five years suggests a moderate upward trajectory, reflecting growing employment opportunities in this sector.
Future trends to watch for include:
- Market adaptations to technological advancements.
- Impact of economic policies on the agricultural sector.
- Potential supply chain disruptions affecting this market.