Europe: Agricultural Forestry Machinery Market 2024

Agricultural Forestry Machinery Market Size in Europe

In 2022, the Europe agricultural forestry machinery market decreased by X% to $X, falling for the fifth year in a row after four years of growth. The total consumption indicated measured 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, consumption decreased by X% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Agricultural Forestry Machinery Production in Europe

In value terms, agricultural forestry machinery production contracted 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 pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Agricultural Forestry Machinery Exports

Exports in Europe

In 2022, exports of agricultural forestry machinery (lawn or sportsground rollers) in Europe was estimated at X units, surging by X% compared with 2021 figures. 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 pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, agricultural forestry machinery exports dropped modestly to $X in 2022. Total exports indicated a pronounced expansion 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 reached the peak of $X, and then dropped 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) represented the key exporters of agricultural forestry machinery (lawn or sportsground rollers), together comprising X% of total exports. France (X units), Finland (X units), Hungary (X units), the UK (X units), Spain (X units), Slovenia (X units), Belgium (X units) and Switzerland (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to agricultural forestry machinery exports from Italy stood at X%. At the same time, Slovenia (X%), Finland (X%), Poland (X%), Switzerland (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 Europe, with a CAGR of X% from 2012-2022. By contrast, France (X%) and the UK (X%) illustrated a downward trend over the same period. Poland (X p.p.), Finland (X p.p.) and Slovenia (X p.p.) significantly strengthened its position in terms of the total exports, while France and the UK saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest agricultural forestry machinery supplying countries in Europe were Italy ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total exports. Denmark, Poland, Belgium, Finland, Spain, France, the UK, Hungary, Slovenia and Switzerland 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

In 2022, the export price in Europe amounted to $X per unit, dropping 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 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Switzerland ($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 Europe

After six years of growth, supplies from abroad of agricultural forestry machinery (lawn or sportsground rollers) decreased by X% to X units in 2022. Total imports indicated a measured expansion 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 most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X units in 2021, and then fell in the following year.

In value terms, agricultural forestry machinery imports stood at $X in 2022. Total imports indicated a resilient expansion 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 pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, France (X units), Germany (X units), Russia (X units), the UK (X units), Poland (X units), Italy (X units), Austria (X units), Romania (X units), Spain (X units), the Netherlands (X units), Sweden (X units) and the Czech Republic (X units) was the main importer of agricultural forestry machinery (lawn or sportsground rollers) in Europe, committing X% of total import. Denmark (X units) held a relatively small share 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, France ($X), Germany ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Poland, Russia, Romania, Austria, the Netherlands, the Czech Republic, Italy, Sweden, Spain and Denmark 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

In 2022, the import price in Europe amounted to $X per unit, rising by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Russia ($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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