The first quarter of the year marks a substantial decline in sales for all types of agricultural machinery. Tractors and combine harvesters fell by 25% and 56.7% respectively, tractors with loading platform by 18.4%. Negative sign also for trailers (- 6.1%) and telehandlers (- 37.2%). FederUnacoma: the contraction in demand due to economic and geopolitical factors, a multiannual public incentive plan is needed to complete the digitisation of our agriculture.
Presented as part of Agriumbria the 46th edition of the exhibition of agricultural mechanics, scheduled for next November at the Bologna fair. Rich in technical content and with more than 1,600 already confirmed exhibiting industries, EIMA 2024 will be an important factor in relaunching the national market. In the first three months of the year sales of tractors fell by 25% nationally, while the market in Umbria showed a greater resilience, with a much smaller decline (-4.4%).
The annual Think Tank of the Federation of Agricultural Machinery Manufacturers was held in Serralunga d'Alba, in the heart of the Langhe area in Piedmont. Market data, scenario analyses and a focus on training needs were at the centre of the proceedings, during which the strategic role of EIMA International in relaunching the sector's market was highlighted. The AFI Higher Education Academy, a new FederUnacoma project to strengthen skills within companies, was presented.
The robust growth of the agricultural machinery market has not yet filled the technological deficit of Indian agriculture. Forecasts indicate that the incremental trend, favoured by state subsidy programs, will continue in the coming years with investments in the latest generation of machinery. Agromechanical exhibitions are a knowledge hub.