The agricultural and forestry machinery manufacturing market in Poland has demonstrated fluctuations over the past decade. The market value stood at 1.7542 billion euros in 2023. The sector exhibited substantial growth in 2018 with a year-on-year increase of 28.4%, but faced declines in preceding and succeeding years. From 2019 to 2023, the market encountered varied year-on-year growth, peaking and contracting moderately. The last reported compound annual growth rate (CAGR) was -1.07% for 2023. Looking ahead, a forecasted 5-year CAGR of 0.8% is anticipated from 2023 to 2028, suggesting moderate growth with a forecasted 5-year growth rate of 4.04%.
Future trends to watch for include technological advancements enhancing machinery efficiency, increased adoption of sustainable practices, and potential impacts of regulatory changes. Market players are advised to continuously monitor these trends and adjust strategies accordingly to capitalize on emerging opportunities.
