In 2023, the import of tractors to Italy with an engine power less than 37 kW stood at a volume of 2.70 thousand items. The forecasted data for the subsequent years indicates a steady growth in imports. In 2024, the imports are expected to reach 2.73 thousand items, with a year-on-year increase of approximately 1.11% from the previous year. By 2028, the numbers are projected to grow to 2.87 thousand items, signifying a compound annual growth rate (CAGR) of approximately 1.52% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Increasing demand for smaller tractors due to their adaptability and efficiency in diversified agricultural applications.
- Potential shifts in the agriculture sector's technological advancements influencing tractor reforms and imports.
- Economic factors such as changes in EU trade regulations or economic policies potentially affecting import dynamics.
- Emerging environmental policies encouraging the import of more energy-efficient agricultural machinery.
