Sales fell in last year’s closing balance for all major types of agricultural machinery in Italy
Italian Agricultural Machinery: the 2022 Balance Shows Sector Resilience
The market downturn, which is partly technical after the boom in 2021, is also due to the well-known supply problems and high raw material prices. Demand for machinery, however, remains high, thanks to government incentives. Allocations for agricultural machinery under the NRRP are in the pipeline.
Problems in the supply chain, sharp rises in raw material prices and uncertainties in the geopolitical landscape affect t...
Italian Agricultural Machinery: the 2022 Balance Shows Sector Resilience
The market downturn, which is partly technical after the boom in 2021, is also due to the well-known supply problems and high raw material prices. Demand for machinery, however, remains high, thanks to government incentives. Allocations for agricultural machinery under the NRRP are in the pipeline.
Problems in the supply chain, sharp rises in raw material prices and uncertainties in the geopolitical landscape affect t...