Exporting agricultural engines to Germany, France, the United Kingdom, Italy and Spain
Agricultural machinery engine parts are a growing market in the EU5, exhibiting a yearly compound growth rate of 8% since 2009. Germany is the biggest market, with its multibillion euro imports amounting to almost half of total engine imports to the EU5. The UK is the second largest with an 18% share and a yearly growth of 16%. The greatest opportunities lie in engine parts that are subject to wear and tear, as well as in accessories for agricultural machines. The best way of accessing these markets would be through OEM subcontracting or selling through pan-European or national wholesaler networks.