In 2024, the forecasted sold production of tractors with an engine power greater than 59 kW in France is valued at 1.6771 billion Euros. This represents a steady increase from 2023's level, following a consistent upward trend. The forecasted data shows an average annual growth rate of 2.5% from 2024 to 2028. The year-on-year percentage increases are modest, hovering around 2.6% to 2.7% each year.
Future trends to watch for include:
- Technological advancements and their impact on tractor efficiency.
- Policy changes in agricultural subsidies and environmental regulations.
- Shifts in agricultural practices affecting demand.
- Potential market entry of international competitors or innovations.
