Wednesday, May 14, 2025

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural machinery industry. Tractors “made in Italy” will close the year with a total of 59 thousand units produced, for a value of 2.1 billion euros and an increase of 18.7% compared to 2020, while equipment and other types of agricultural machinery will see the value of production rise to 6.2 billion euros (+19.9%). The production segment relating to “tractor parts” and “spare parts” also shows substantial growth (+21%) and exceeds 1.1 billion. If we add to these figures those relating to the broad sector components segment, which is estimated to have reached a value of 3.3 billion euros in the year, and those relating to gardening machinery and equipment (970 million), the overall value of production in the Italian agro-mechanical sector in 2021 will reach 13.7 billion euros.

Related Stories