Volatile weather conditions and heightened economic uncertainty have affected agricultural equipment wholesalers. The biggest agricultural machinery wholesalers have strong links with large global agricultural machinery manufacturers, which is a significant source of strength, particularly in harsh market conditions. Revenue is expected to contract at a compound annual rate of 1.5% to £9.4 billion over the five years through 2023-24, including a 2.6% decline in 2023-24.Lower yields: Revenue is dipping in 2023-24 as soaring inflation and high interest rates limit investment
Companies in this industry wholesale agricultural machinery and equipment. This includes the wholesale of ploughs, manure spreaders, seeders, harvesters, threshers, milking machines, poultry-keeping machines, bee-keeping machines, tractors used in agriculture and forestry, and lawnmowers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Deere & Company
Methodology
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