The Netherlands dominates European export of agricultural and forestry machinery with a 17.6% share, followed by Germany at 15.66%. Spain shows significant growth with a 13.88% increase, while the UK experienced an 8.58% decline. Finland and Malta demonstrated notable upturns at 21.8% and 99.37%, respectively. Overall, the sector exhibits modest growth with varied performance across countries.
Looking ahead, regional technological advancements and sustainable practices are crucial to bolster exports. Monitoring political and economic shifts will be vital, as countries with positive growth like Spain and Finland could potentially increase their market shares further.
Top countries in Export of Agricultural and Forestry Machinery Share by Country (Units (Items))
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Netherlands | 17.6 | 2023 | +2.48% | +13.23% | View data |
2 | 2 Germany | 15.66 | 2023 | +2.2% | +6.05% | View data |
3 | 3 Poland | 10.66 | 2023 | +3.67% | +2.28% | View data |
4 | 4 Italy | 10.32 | 2023 | +7.69% | +7.53% | View data |
5 | 5 Spain | 10 | 2023 | +1.95% | +13.88% | View data |
6 | 6 France | 6.89 | 2023 | +3.95% | +12.92% | View data |
7 | 7 Belgium | 4.52 | 2023 | +1.36% | +8.85% | View data |
8 | 8 Austria | 3.98 | 2023 | +4.36% | +3.13% | View data |
9 | 9 Czechia | 3.83 | 2023 | |||
10 | 10 United Kingdom | 3.72 | 2023 | -5.83% | -8.58% | View data |