Decreased agricultural machinery, increased parts turnover in the first half

By: Trademagazin editor Date: 2021. 09. 13. 11:20

Individual farms and corporate enterprises purchased new agricultural machinery and equipment worth 92.4 billion HUF in the first half of the year, which was 1 percent less than a year before. 35 billion HUF was spent on spare parts, which is a 15 percent increase, compared to the base period, according to the publication of the Institute of Agricultural Economics (AKI).

The stock of agricultural machinery is becoming more and more up to date [/ caption]

According to the AKI summary, the agricultural machinery fleet is becoming more modern due to the dynamic development and machine replacements experienced in recent years. They note that after the dynamic growth experienced in previous years, sales of agricultural machinery and parts reached another record in 2020, exceeding 256 billion HUF. (MTI)