Article in yearbook 2016

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General Development Economic Development of the Agricultural Machinery Industry

Authors:
Abstract:
The global agricultural machinery market reached its all-time high after a strong boom phase in 2013. The subsequent global downturn seems to be further flattening, however, in the short-term, a sustainable global recovery is not in sight. In Europe, on the other hand, the bottom of the market seems to have already been overcome.
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Keywords:
agricultural commodity prices, agricultural conditions, agricultural income, agricultural machinery market, economic development, market development, tractor sales
Recommended form of citation:
Nonnenmacher, Philip: Economic Development of the Agricultural Machinery Industry. In: Frerichs, Ludger (Hrsg.): Jahrbuch Agrartechnik 2016. Braunschweig: Institut für mobile Maschinen und Nutzfahrzeuge, 2017. – pp. 1-8

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