In 2023, Germany led the European market for sold production of selected harvesting machines, capturing the largest share, followed by France and Italy. These three countries dominate the sector, together accounting for a significant portion of the market value. Spain and Poland maintained smaller shares, while Lithuania, Croatia, and Finland collectively represented a minimal market presence.
Year-on-year variations exhibited growth in Germany, France, Italy, and Spain, with Croatia experiencing the highest percentage increase at 19.47%. In contrast, Poland, Lithuania, and Finland faced declines, significantly impacting their market standings. Over the past five years, compound annual growth rates suggest stable development for major contributors while smaller players encountered more fluctuations.
Looking forward, advancements in agricultural technology and increased demand for efficient harvesting machines are expected to shape market trajectories. Attention should be on how emerging innovations and environmental regulations drive production shifts in the European sector, potentially altering market shares and competitive dynamics.
Top countries in Sold Production of Harvesting Machines (Excluding Combine Harvester Threshers, Root or Tuber Harvesting Machines, Forage Harvesters) Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50 | 2023 | +3.03% | +4.35% | View data |
| 2 | 2 France | 26.88 | 2023 | +1.53% | +6.36% | View data |
| 3 | 3 Italy | 17.8 | 2023 | +2.73% | +2.41% | View data |
| 4 | 4 Spain | 3.89 | 2023 | +2.59% | +6.05% | View data |
| 5 | 5 Poland | 0.67 | 2023 | -0.074% | -5.17% | View data |
| 6 | 6 Lithuania | 0.008 | 2023 | +2.12% | -0.62% | View data |
| 7 | 7 Croatia | 0.005 | 2023 | +5.29% | +19.47% | View data |
| 8 | 8 Finland | 0.002 | 2023 | -40.32% | -20.76% | View data |
| 9 | 9 Denmark | 0 | 2021 | View data |