The European Harvesting Machinery Price Index for Agriculture indicates varying price levels across countries, with Malta, Lithuania, and Poland showing the highest indices at 18.237, 15.869, and 14.574, respectively. In terms of year-on-year change in 2022, Lithuania, Malta, and Cyprus had significant increases, 15.03%, 11.07%, and 10.37%. Denmark experienced a notable decrease of 6.92%. Over the last five years, trends suggest slight agglomeration with steady climbs predominantly seen in Eastern European countries, reflecting evolving agricultural practices and investments.
Future trends to watch include the impact of technological advancements and sustainability initiatives, which may drive up price indices as countries invest in more sophisticated equipment. Furthermore, geopolitical factors and economic changes in the EU could influence these indices, affecting short-term volatility and long-term upward trends.
Top countries in Harvesting Machinery Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 182.37 | 2022 | +14.29% | +11.07% | View data |
| 2 | 2 Lithuania | 158.69 | 2022 | +19.5% | +15.03% | View data |
| 3 | 3 Poland | 145.74 | 2022 | +17.52% | +8.9% | View data |
| 4 | 4 Sweden | 144.95 | 2022 | +14.86% | +7.34% | View data |
| 5 | 5 Belgium | 137.16 | 2022 | +20.7% | +7.12% | View data |
| 6 | 6 Slovenia | 137.06 | 2022 | +12.35% | +6.93% | View data |
| 7 | 7 Cyprus | 133.37 | 2022 | +17.57% | +10.37% | View data |
| 8 | 8 Spain | 132.58 | 2022 | +8.79% | +5.79% | View data |
| 9 | 9 Italy | 131.5 | 2022 | +12.88% | +6.78% | View data |
| 10 | 10 Romania | 126.94 | 2022 | +5.62% | +8.93% | View data |