The 2024 forecast shows significant variability in the Plant, Tillage, and Seeding Machinery Real Price Index for Agriculture across European countries. Cyprus and Lithuania lead with substantial increases of 25.58% and 24.1%, respectively, while Croatia sees a decline of 9.57%. Southern European countries like Italy and Portugal experience minimal to negative growth, suggesting market saturation or efficiency in supply chains. Central and Eastern Europe show mixed trends, indicating diverse agricultural developments and economic conditions.
Future trends to watch include:
- The impact of EU agricultural policies on machinery demand.
- Technology-driven efficiency improvements potentially lowering machinery prices.
- Market responses to sustainability and green technology mandates.
Top countries in Plant, Tillage and Seeding Machinery Real Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Cyprus | 25.58 | 2022 | View data |
| 2 | 2 Lithuania | 24.1 | 2022 | View data |
| 3 | 3 Hungary | 18.72 | 2022 | View data |
| 4 | 4 Finland | 13.75 | 2022 | View data |
| 5 | 5 Belgium | 9.39 | 2022 | View data |
| 6 | 6 Poland | 8.72 | 2022 | View data |
| 7 | 7 Sweden | 6.92 | 2022 | View data |
| 8 | 8 Austria | 2.03 | 2022 | View data |
| 9 | 9 Greece | 1.9 | 2022 | View data |
| 10 | 10 Italy | 1.03 | 2022 | View data |
