Public incentives can stabilise agricultural machinery market: FederUnacoma

Manufacturers’ association, FederUnacoma, has observed that public incentives and proactive support schemes are integral in the face of volatilities in the agricultural machinery market driven by geopolitical instability and economic uncertainties

After studying the latest figures provided by the Ministry of Infrastructure and Transport, the Italy-based association with an ever-expanding presence in Africa and Southeast Asia has compiled a comprehensive data on new registrations of agricultural machinery. It has found that while the first quarter of 2025 recorded an upward trend the market remains vulnerable in the near future due to crisis in the Middle East.

A 11.8% decline has been seen in the transporter sector, including tractors and flatbed trailers, since the largely prospective 1Q 2025. However, there has been a growth of 2.7% in new registrations for tractors, with over 3,633 units sold (3,537 in the first quarter of 2025), and a 65% increase for combine harvesters, with 33 machines registered (20 in the same period of 2025). Telescopic handlers also performed well, recording a 46% increase with 343 units (235 sold in 2025), whilst trailers remained in line with last year’s figures (1,659 registrations, down 1.5%).

Variables linked to the conflict in the Middle East and uncertainties regarding certain incentive measures (the 5.0 credit, for example) risk negatively affecting companies’ willingness to invest and their planning, slowing down purchases of agricultural machinery. In this context, the Federation of Manufacturers believes it is more important than ever to bring measures such as hyper-amortisation and the Transition 4.0 credit into full effect. The system of public incentives – notes FederUnacoma – can play a decisive role in stabilising the domestic market during a critical economic phase such as the current one.