Markets
Agricultura Machinery, in 2023 Agricultural machinery, Italian production drops
14.11.2024
The climate of uncertainty in foreign markets and the national market dampens the Italian production of agricultural machinery. FederUnacoma's forecasts for 2024 indicate a decline of 19.5%, resulting in a total value of 13.2 billion euros, which is 3.2 billion less than the previous year. The data, presented in Bologna during the press conference for the EIMA International event, indicates a decrease across all product types. The production of tractors (value just over 2 billion euros) drops by 25%, while the production of incomplete tractors and spare parts decreases by 28.6% (about 1 billion), and the operating machines and equipment show a decline of 16.5% (6.2 billion). The contraction also affected components (-17.5% for a value of 3.3 billion) and gardening and green care machines (-22.2% and 700 million).
Photo by Chris de Tempe on Unsplash
Photo by Chris de Tempe on Unsplash
