The European Livestock Machinery Price Index shows significant variation across countries. In 2023, Hungary led with a value of 21.8, while Romania was the lowest at 8.94. The year 2022 saw notable increases, with Hungary and Cyprus rising by 24.86% and 20.41%, respectively. Lithuania followed with a 15.69% increase. Contrary, Denmark, and Croatia exhibited minimal growth of 0.019% and 0.08%. The Compound Annual Growth Rate (CAGR) over the last five years highlights persistent upward trends, especially in Eastern Europe.
Future trends to monitor include:
- Impacts of technological advancements and automation.
- Changes in EU agricultural policies affecting machinery demand.
- Variability in supply chain logistics across regions.
- Potential economic shifts impacting investment in advanced machinery.
Top countries in Livestock Machinery Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 218 | 2022 | +36.85% | +24.86% | View data |
| 2 | 2 Cyprus | 176.74 | 2022 | +42.68% | +20.41% | View data |
| 3 | 3 Lithuania | 171.25 | 2022 | +10.81% | +15.69% | View data |
| 4 | 4 Finland | 142.31 | 2022 | +18.43% | +8.41% | View data |
| 5 | 5 Poland | 139.33 | 2022 | +17.81% | +9.77% | View data |
| 6 | 6 Sweden | 139.08 | 2022 | +16.29% | +8.07% | View data |
| 7 | 7 Belgium | 137.16 | 2022 | +20.7% | +7.12% | View data |
| 8 | 8 Netherlands | 126.9 | 2022 | +12.1% | +4.63% | View data |
| 9 | 9 Ireland | 124.12 | 2022 | +12.98% | +6.01% | View data |
| 10 | 10 Austria | 114.1 | 2022 | +5.65% | +2.91% | View data |
