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CEMA May 2023 Barometer: The Winds Have Changed in the New Market Uptrend!

18 May 2023
Avrupa Tarım Makineleri Endüstrisinin Son Dönemdeki Yükseliş Trendi -En Azından Şimdilik- Sona Erdi!
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The CEMA European Agricultural Machinery Association’s May Business Barometer recorded a business climate index of 11 points in the agricultural machinery industry in Europe, down from 16 in May.

In recent months, fill rates of the orders point to one of the fastest increases in the history of the survey, with an average of 5.5 months. First and foremost, lead times reached above averages in historical comparisons, and due to the high backlogged ratio, order fulfillment was significantly lower than at any other time of the last year.

The in-depth analysis of the study signalizes relief on the supply side while uncertainties in the markets increase and accordingly, confidence levels decrease in some markets. However, the responses to the survey show a downward trend for future expectations. Despite some European industrialists predicting growth in France and Germany, confidence in Italy, Spain, and Poland drastically dropped.

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CEMA European Agricultural Machinery (Member).
Global Alliance of Agricultural Machinery Manufacturer Associations, AGRIEVOLUTION (Fouding Member, Chair).
ReCAMA, Regional Council of Agricultural Machinery Associations in Asia and the Pacific (Member).
Turkish Mechanical Industry Platform (Co-president and Member of the Executive Committee).
Turkish Machinery Federation (Fouding Member).
Machinery Exporters Association
TARMAKBIR - The Turkish Association of Agricultural Machinery and Equipment Manufacturers
Meşrutiyet Caddesi 31/ 6 06420 Kızılay / ANKARA - TÜRKİYE
+90 312 419 37 94 +90 312 419 37 53 tarmakbir@tarmakbir.org
CEMA European Agricultural Machinery (Member).
Global Alliance of Agricultural Machinery Manufacturer Associations, AGRIEVOLUTION (Fouding Member, Chair).
ReCAMA, Regional Council of Agricultural Machinery Associations in Asia and the Pacific.
Turkish Machinery Federation (Fouding Member).
Turkish Machinery Federation (Fouding Member).
Machinery Exporters Association.

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