EU: Agricultural Forestry Machinery Market 2024

Agricultural Forestry Machinery Market Size in the EU

In 2022, the EU agricultural forestry machinery market decreased by X% to $X, falling for the fifth year in a row after six years of growth. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2017 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Agricultural Forestry Machinery Production in the EU

In value terms, agricultural forestry machinery production dropped to $X in 2022 estimated in export price. The total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Agricultural Forestry Machinery Exports

Exports in the EU

In 2022, approx. X units of agricultural forestry machinery (lawn or sportsground rollers) were exported in the European Union; increasing by X% against the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, agricultural forestry machinery exports contracted to $X in 2022. Total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined modestly in the following year.

Exports by Country

In 2022, Italy (X units), distantly followed by Germany (X units), Poland (X units), Denmark (X units) and the Netherlands (X units) were the main exporters of agricultural forestry machinery (lawn or sportsground rollers), together achieving X% of total exports. The following exporters - France (X units), Finland (X units), Hungary (X units), Spain (X units), Slovenia (X units), Belgium (X units), Sweden (X units) and Austria (X units) - together made up X% of total exports.

Exports from Italy increased at an average annual rate of X% from 2012 to 2022. At the same time, Slovenia (X%), Finland (X%), Poland (X%), Austria (X%), Denmark (X%), Germany (X%), Spain (X%), the Netherlands (X%), Hungary (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, France (X%) and Sweden (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Finland and Slovenia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Denmark, Poland, Belgium, Finland, Spain, France, Hungary, Austria, Slovenia and Sweden lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Agricultural Forestry Machinery Imports

Imports in the EU

In 2022, approx. X units of agricultural forestry machinery (lawn or sportsground rollers) were imported in the European Union; standing approx. at the previous year. Total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, agricultural forestry machinery imports expanded modestly to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, France (X units) and Germany (X units) represented the largest importers of agricultural forestry machinery (lawn or sportsground rollers) in the European Union, together resulting at near X% of total imports. It was distantly followed by Poland (X units), Italy (X units), Austria (X units), Romania (X units) and Spain (X units), together making up a X% share of total imports. The following importers - the Netherlands (X units), Sweden (X units), the Czech Republic (X units), Denmark (X units), Portugal (X units) and Belgium (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest agricultural forestry machinery importing markets in the European Union were France ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports. Romania, Austria, the Netherlands, Belgium, the Czech Republic, Italy, Sweden, Spain, Denmark and Portugal lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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