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FederUnacoma's forecasts for the end of the year indicate a drop in the quantity produced (-6%), but an increase in the value of production (14.2 billion euros, amounting to +3.7% over 2021). The resilience of the domestic market and above all the good performance of exports (+10.4% in July) support the sector, which is nevertheless suffering from the crisis in production costs and the lower agriculturals incomes

The Italian agricultural machinery industry closed 2020 with a production value of 11.5 billion euros, slightly higher than the previous year (+0.4%). The favourable trend of the agricultural economy at the global level keeps production levels high for a mechanical engineering sector that derives 70% of its turnover from exports

Italian production of tractors, other machinery for agriculture, gardening and associated components brought in sales valued at € 11 billion in 2017. The largest share was assigned to exports which reach a value estimated at about € 7.5 billion