Italy: Agricultural Forestry Machinery Market 2024

Agricultural Forestry Machinery Market Size in Italy

In 2022, the Italian agricultural forestry machinery market decreased by X% to $X, falling for the fifth consecutive year after four years of growth. In general, consumption showed a significant curtailment. 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 Italy

In value terms, agricultural forestry machinery production declined rapidly to $X in 2022 estimated in export price. In general, production continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then shrank sharply in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Agricultural Forestry Machinery Exports

Exports from Italy

In 2022, agricultural forestry machinery exports from Italy expanded slightly to X units, increasing by X% against the previous year's figure. The total export volume increased at an average annual rate of X% over the period 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% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, agricultural forestry machinery exports stood at $X in 2022. Overall, total exports indicated a noticeable 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 most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

France (X units), Germany (X units) and Austria (X units) were the main destinations of agricultural forestry machinery exports from Italy, together accounting for X% of total exports. The United States, the UK, Spain, Australia, Japan, the Netherlands, Sweden, Romania, Poland and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the United States ($X) were the largest markets for agricultural forestry machinery exported from Italy worldwide, together accounting for X% of total exports. Austria, Spain, the UK, the Netherlands, Japan, Australia, Sweden, Poland, Romania and South Korea lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average agricultural forestry machinery export price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Forestry Machinery Imports

Imports into Italy

Agricultural forestry machinery imports into Italy reduced notably to X units in 2022, which is down by X% on the previous year's figure. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then dropped dramatically in the following year.

In value terms, agricultural forestry machinery imports dropped to $X in 2022. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

China (X units), India (X units) and France (X units) were the main suppliers of agricultural forestry machinery imports to Italy, together accounting for X% of total imports. Germany, Spain, Bulgaria, the Netherlands and Austria lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X) constituted the largest supplier of agricultural forestry machinery (lawn or sportsground rollers) to Italy, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Germany (X% per year).

Import Prices by Country

The average agricultural forestry machinery import price stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :