Agricultural Machinery & Equipment Wholesaling in the UK - Industry Market Research Report

Lower yields: Revenue is dipping in 2023-24 as soaring inflation and high interest rates limit investment

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.

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.