The Italian market has turned positive driven mainly by public incentives, that are also expected to have a positive impact during the current year. However, purchases of second hand machinery remain too large, slowing down the renewal of the fleet. Tariffs, geopolitical tensions and economic uncertainty are reducing Italian exports, which have fallen by an overall 4.8% and show a 34% deficit on the US market
The agricultural mechanization sector requires significant investments to modernize an aging machinery fleet and introduce new technologies. It is necessary to further strengthen the public incentive system