New Agritech Business Barometer Survey (November 2013)
- Published Date
New Agritech Business Barometer Survey
The Economic Committee has created this powerful tool for obtaining accurate, timely feedback on global market trends. By means of a comprehensive online questionnaire, Agrievolution Alliance Economic Committee member associations ask their agricultural equipment manufacturing representatives (senior management level) about their current business situation and their outlook for their respective markets. The survey is conducted twice a year (in April and October). Participants are provided an exclusive report, and a public report is made available here on the Agrievolution website.
October 2013 Public Agritech Business Barometer
In general, the perspectives on the agricultural machinery markets remain positive. Sales went up during the past three months in most markets compared to a rather flat development during the first half of this year. On a global average, 45 percent of the manufacturers expect further growth of their turnover for the coming six months, while 37 percent anticipate their turnover to remain on the current level and only 18 percent expect decreasing sales. According to the survey, above average growth will occur in China, Brazil and Turkey for the next months, based on a higher order stock level.
November 2013
Favourable Global Business Climate for Agricultural Machinery
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