In 2023, Italy led the European sold production of parts of soil machinery with €748.92 million, exhibiting an 18.18% year-on-year growth. France followed with €210.09 million, growing by 4.53%. Notable growth was also observed in Austria (18.23%) and the Netherlands (29.76%), while Sweden and Hungary saw declines of 6.98% and 4.02%, respectively. Smaller markets like Slovenia and Lithuania experienced substantial increases with 16.09% and 13.27% growth rates. Conversely, Serbia and Romania faced notable decreases of -11.02% and -6.18%, respectively.
Future trends to watch for include technological advancements, sustainability initiatives, and the integration of AI-driven solutions in soil machinery. Continued growth is anticipated in leading markets like Italy and France, while emerging regions might see significant shifts due to policy changes and market consolidation.
Top countries in Sold Production of Parts of Soil Machinery by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 748,920,000 | 2023 | +2.66% | +18.18% | View data |
| 2 | 2 France | 210,090,000 | 2023 | +3.57% | +4.53% | View data |
| 3 | 3 Czechia | 116,010,000 | 2023 | |||
| 4 | 4 Spain | 109,780,000 | 2023 | +2.56% | +3.44% | View data |
| 5 | 5 Poland | 77,064,000 | 2023 | +3.34% | +3.58% | View data |
| 6 | 6 Austria | 71,941,000 | 2023 | +10.96% | +18.23% | View data |
| 7 | 7 Sweden | 66,501,000 | 2023 | +7.29% | -6.98% | View data |
| 8 | 8 United Kingdom | 59,044,000 | 2023 | +0.42% | +1.24% | View data |
| 9 | 9 Hungary | 54,066,000 | 2023 | +2.09% | -4.02% | View data |
| 10 | 10 Netherlands | 45,289,000 | 2023 | +3.51% | +29.76% | View data |
