Agricultural machinery, Italian market still down

The negative situation for the national agricultural machinery market continues. The data released by FederUnacoma at the press conference to present EIMA International 2024, held in Bologna on 5 November, indicate significant declines compared to the same period last year for all the main types of vehicles. Tractors (13,038 units sold) lost 14.6% while combine harvesters (259 units) fell by 31.5%. There was also a minus for transporters (446 vehicles registered from January to October) and for telescopic lifters (845), which left 18.2% and 14.9% on the ground respectively. The decline in trailers was more limited (6,653), limiting the decline to 2.4%. According to FederUnacoma’s forecasts, the contraction in sales should continue in the coming months; for a market recovery we will have to wait for the second half of the new year.

Photo by Michał Robak on Unsplash