In 2023, growth in the agri-mechanical market slowed, with double-digit declines in some countries. Geopolitical tensions, inflation and rising interest rates are the factors that have affected the sector
Tractor sales fell over the past twelve months to 17,613 units (-12.9%). It is mainly the medium power ranges that are losing ground. Minus signs also for telescopic handlers (-3.4%) and trailers (-8.1%). Against this trend were combine harvesters (+10.2%) and tractors with loading platforms (+15.9%). The downturn is due to economic and geopolitical factors. FederUnacoma: demand for tractors is worth over 70,000 units, but is largely met by obsolete second-hand vehicles