Demand for agricultural technology is growing, but supplies of raw materials are scarce. Ferrous materials and plastics are hard to come by and showed record increases in March, to the detriment of agricultural machinery, which uses large quantities of these materials. In the manufacture of a tractor, the ferrous component accounts for 75% of the total.
Registrations of tractors and other types of machinery recorded significant increases in the January-March period, which not only made up for the deficit of the first quarter of 2020, but also pushed sales to record levels. Public support was decisive, with tax incentives for 4.0 and the Sabatini Law. Sales of higher-powered tractors soared.
A timetable with deadlines and obligations marks the organizational stages of EIMA International 2021, the great exhibition of agricultural machinery to be held in Bologna from October 19 to 23. The dates have also been set for the next edition, which will be staged from 9 to 13 November 2022.