Europe Machinery Outlook: Muted Economic Growth Outlook Will Prevent Sales Recovery In 2024
Agribusiness / Europe / Wed 27 Mar, 2024
Key View: The outlook for agricultural machinery sales in Europe remains grim in 2024, as the eurozone's growth will be muted at 0.8% and farm incomes will see little improvement. Overall, the demand for efficiency and sustainability in agriculture is increasingly impacting the agricultural machinery market in Europe and farmers are looking for