Agricultural Machinery & Equipment Wholesaling in Luxembourg - Market Research Report (2014-2029)

Agricultural machinery requires significant capital investment, which, for many small or independent farms, is only possible because of government subsidies. Agricultural support is falling across the EU and other European countries like the UK, leading to depressed budgets for many farmers. Despite this, sales of agricultural machinery have remained strong, with farmers keen to purchase the latest lines with autonomous and precision systems integrated into the machines. The enhanced productivity of these machines has made them must-haves, boosting sales despite the strong economic headwinds facing farmers. According to CEMA, the number of tractor registrations in 2022 was the second-highest since 2017. Wholesalers’ profitability has suffered from rising operating costs and intense competition internally and from direct-to-consumer sales from manufacturers. To raise profit, wholesalers have turned to offering comprehensive value-added services like financing options and technical support. Over the five years through 2024, agricultural machinery and equipment wholesaling revenue is forecast to dip at a compound annual rate of 1.3% to reach €119.5 billion, including a projected decline of 2.8% in 2024.

农业机械的购置需投入巨额资本，对于众多小型或独立农场而言，若无政府补贴，此等投资往往难以实现。欧盟及其他欧洲国家，如英国，的农业支持正逐渐减少，导致众多农民的预算遭受压抑。尽管如此，农业机械的销售势头依旧强劲，农民们热切地购置集成了自主和精确系统的新型机械。这些机械的生产力提升使其成为不可或缺的产品，即使在农民面临的经济逆风中，销售量也得以提升。根据CEMA的数据，2022年的拖拉机注册数量自2017年以来位居第二高。批发商的盈利能力因运营成本的上升以及来自制造商直接面向消费者销售的激烈竞争而受到影响。为了提升利润，批发商已转向提供全面增值服务，如融资选择和技术支持。在2024年之前的五年内，农业机械及设备批发收入预计将以1.3%的复合年增长率下降，达到1195亿欧元，其中2024年预计将下降2.8%。