Information on the mechanization of agriculture, gardening, components and multifunctionality.
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Tractor market getting more stable in August

15.09.2022

The general business climate index for the agricultural machinery industry in Europe has stabilized at a positive level after its sharp declines in the course of the Russian war against Ukraine. In August, the index continues at 18 points (on a scale of -100 to +100). The volume of orders still correspondents to a production period of 5.9 months, which is just slightly below the all-time high ever recorded within this survey. While the order intake has cooled down noticeably in recent months (from a very high level), price increases and bottlenecks on the supplier side continue to challenge the industry, although some easing is observable. Currently, 34% of the companies are planning a temporarily production stop due to shortages in the coming four weeks.

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