Agricultural equipment, market at record pace
Registration figures released by FederUnacoma show, for the first six months of the year, increases of 52% for tractors and significant growth for all other types of vehicles. A positive phase also on foreign markets, with strong increases in the United States, India and Turkey. World trade is expected to grow by 7.3% over the next four years.
The Italian agricultural machinery market is moving at full speed. The data for the first half of the year - processed by FederUnacoma on the basis of the records provided by the Ministry of Transport - show significant increases for all categories of vehicles.
Tractor registrations were up more than 52% over the first half of 2020, with more than 12,500 units sold; combine harvesters were up almost 64% with 229 units sold, while flatbed tractors were up more than 31 percentage points with 327 units sold.
Record-breaking increases were also recorded for trailers, with 4,770 units up almost 40%, and for telehandlers, which showed an 85% increase with 755 machines sold.
The boom in registrations – as discussed during the FederUnacoma General Meeting, held this afternoon in Varignana (Bologna) - is partly due to the market recovery compared to the first half of 2020, characterised by the effects of the lockdown, but above all to an effective recovery of investments and tax incentives, such as those for machinery with 4.0 devices.
The positive trend, which is expected to continue in the second half of the year, was also recorded at the international level, with all the main markets performing well.
In the January-May period, the United States grew by nearly 26% compared to the same period in 2020, Canada increased by 51%, Turkey by 81% and India by 67%. In Europe, Germany grew by 15%, while the Spanish market (+42%) and the British market (+21%) also showed strong growth. The French market increased by 26% in the first five months of the year.
After ending 2020 with a global trade growth of 4.5%, the agricultural machinery sector is also forecasting a positive trend in the coming years: in the period between 2021 and 2024, the sector's trade is expected to increase by a total of 7.3%.
The latest FederUnacoma press releases
The appointment with the EIMA Green exhibition, one of EIMA International’s areas of specialization, falls at a very favourable time for the gardening market. Having closed the first half of 2021 with record growth (+33%), the sector is set to confirm its good performance in the second half as well. The Bologna event, where all types of gardening machinery and equipment will be on show, is a driving force for the entire sector.
Renewable energies and the circular bio-economy will be in the foreground at the Bologna exhibition centre with the "Energy" show, an open-air demonstration area between halls 35 and 37, where visitors can see machines for processing and treating biomass in action. During the five days of the exhibition, there will also be space for in-depth thematic studies with meetings promoted by the organising partner ITABIA.
Thanks to close cooperation with the ICE Agency, the international agricultural machinery exhibition will be able to welcome business operators from all over the world, in compliance with the differentiated safety protocols established by the health authorities for groups of countries. Business-to-business meetings will be held in a new facility at the Volvo Congress Center adjacent to the exhibition centre and connected to Hall 19.
The programme of events of the world exhibition of agricultural machinery will include initiatives for strengthening educational plans and defining new professional profiles for the sector. EIMA Campus, Club of Bologna and FederUnacoma Workshops are the rendez-vous on this topic that are already on the calendar.