Out of season: Difficult operating conditions have weighed on industry revenue performance

Operators in the Agricultural Machinery and Equipment Wholesaling industry sell agricultural and forestry machinery and equipment on the wholesale market. The industry has a low level of concentration, with only one player holding a market share greater than 5%. However, each of the biggest players in the industry have strong links with one of the largest global agricultural machinery manufacturers, which is a significant source of strength, particularly in tough market conditions. Adverse economic conditions, erratic weather patterns and changes to the Annual Investment Allowance (AIA) have all had a major influence on industry performance over the past five years...read more.

Industry Statistics & Market Size
Revenue
£6.7bn
Annual Growth 14-19
0.1%
Forecast Growth 19-24
Profit
Employment
20,452
Businesses
1,713

Industry Threats & Opportunities

  • Improving agricultural income is expected to support revenue growth in the current year
  • Adverse weather conditions have negatively affected demand over the past five years
  • This industry is likely to be affected by reduced demand on the back of falling capital expenditure
  • Industry Report - Industry Locations Chapter

    The geographical distribution of industry establishments is largely determined by the spread of farming activity across the United Kingdom. Suppliers of agricultural equipment are more heavily concentrated in important agricultural regions. Proximity to transport hubs is also important to companies that import agricultural machinery.The South West and the East of EnglandThe most concentrated regions for industry business are the South West and the East of England, which account for a combined 24.8% of all business locations, according to the latest estimates by the Office for National Statistics. Farming activity is significant in both regions. Liv...purchase to read more.

    Additional Insights for the Agricultural Machinery & Equipment Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Agricultural Machinery & Equipment Wholesaling Industry are

  • Having links with suppliers
  • Prompt delivery to market
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Agricultural income and Business lending in the Agricultural Machinery & Equipment Wholesaling industry impact industry performance..

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    What's in this report

    What is the Agricultural Machinery & Equipment Wholesaling Industry?

    Companies in this industry wholesale agricultural machinery, equipment and supplies. This includes the wholesale of agricultural machinery and equipment such as ploughs, manure spreaders, seeders, harvesters, threshers, milking machines, poultry-keeping machines, bee-keeping machines, tractors used in agriculture and forestry, and lawnmowers.

    Industry Products
  • Tractors
  • Mowing equipment
  • Harvesting machines
  • Haymakers and balers
  • Machinery parts
  • Other agricultural machinery
  • Industry Activities
  • Wholesaling tractors
  • Wholesaling mowing equipment
  • Wholesaling harvesting machines
  • Wholesaling agricultural machinery parts
  • Wholesaling other agricultural machinery
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Agricultural income
  • Business lending
  • Business capital expenditure
  • Real effective exchange rate

  • Current Performance
  • Trimmed allowance
  • Weather damage
  • Farm consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Export trends
  • The exchange rate
  • EU funding
  • Table: Agricultural Machinery & Equipment Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Agricultural Machinery & Equipment Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Vegetable Growing
  • Dairy Cattle Raising
  • Poultry Raising
  • Hardware & Home Improvement Stores

  • Key Selling Industries
  • Agricultural & Forestry Machinery Manufacturing
  • Freight Forwarding & Customs Agents

  • Products & Services
  • Tractors
  • Other agricultural machinery
  • Machinery parts
  • Mowing equipment
  • Harvesting machines
  • Haymakers and balers
  • Chart: Agricultural Machinery & Equipment Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Multi-outlet dealers
  • Single-outlet dealers
  • Rental companies
  • Other
  • Machine-maintenance companies
  • Chart: Major Market Segmentation for the Agricultural Machinery & Equipment Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Agricultural Machinery & Equipment Wholesaling

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Agricultural Machinery & Equipment Wholesaling Industry

  • Industry Globalization
    Deere & Company, AGCO Limited,
  • Table: Deere & Company - financial performance
  • Table: AGCO Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Agricultural Machinery & Equipment Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Agricultural Machinery & Equipment Wholesaling Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Arable Farming
  • Farming aimed at producing crops.
  • Pastoral Farming
  • Farming aimed at producing livestock for their meat or their by-products, such as milk and eggs.
  • Silage
  • Fermented green fodder that is compacted and stored before drying, unlike hay, and used to feed livestock.
  • Thresher
  • A device that separates the head of a stalk of grain from the straw and also separates the kernel from the rest of the head.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Agricultural Machinery & Equipment Wholesaling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Agricultural Machinery & Equipment Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Agricultural Machinery & Equipment Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Agricultural Machinery & Equipment Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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