Helping farmhand: Increased agricultural subsidies have driven industry demand

Operators in the Agricultural Machinery and Equipment Wholesaling industry vend agricultural machinery and equipment on the wholesale market, to livestock farms, horticultural farms, to the consumer and recreational sector, and to other agricultural businesses. Many factors can influence industry revenue, such as economic conditions, climate conditions, business and consumer sentiment, and the real effective exchange rate. While international trade date is not recorded at a wholesale level, operators do sell imported machinery on the domestic market, and operators that manufacture and wholesale their products also export their products overseas. In 2016, the currency of the United Kingdom, Ireland's largest trading partner, fell significantly...read more.

Industry Statistics & Market Size
Revenue
€1.3bn
Annual Growth 13-18
1.8%
Forecast Growth 18-23
Profit
Employment
2,810
Businesses
486
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Increased agricultural subsidies have boosted the demand for industry products
  • Consolidation activity in the farming sector has boosted demand for industry products
  • Increased investment in agricultural industries is likely to boost industry demand
  • Industry Report - Starting a New Business Chapter

    The industry exhibits moderate barriers to entry, which have remained steady over the past five years. The high purchase costs increase the capital requirements to establish operations in the industry. Purchase costs are estimated to account for 74% of industry revenue in the current year. Distribution rights are held by many wholesalers with regard to particular brand names, which restricts the potential product range for new entrants. The largest companies in the industry are subsidiaries of machinery and equipment manufacturers that have a global footprint.New businesses can be deterred from entering the industry by the high level of risk associated with conducting business in a volatile industry. Many of the industry products are high value and high-cost products. Thi...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

  • Effective cost controls
  • Having contacts within key markets
  • Having links with suppliers
  • IBISWorld analysts also discuss how external factors such as Business sentiment index and Domestic agricultural subsidies 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 in Ireland Industry?

    The industry is comprised of firms that wholesale agricultural machinery, equipment and supplies. This includes the wholesale of items such as ploughs, poultry-keeping machines, liquid manure and slurry spreaders, tractors used in forestry and agriculture, threshers, produce sorters, milking machines and animal feeders, seeders, bee-keeping machines, harvesters, and lawnmowers.

    Industry Products
  • Tractors
  • Animal farming machinery
  • Machinery parts
  • Mowing equipment
  • Harvesting machines
  • Haymakers and balers
  • Other agricultural machinery
  • Industry Activities
  • Wholesaling agricultural machinery parts
  • Wholesaling harvesting machines
  • Wholesaling tractors
  • Wholesaling milking and animal feeding equipment
  • 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
  • Business sentiment index
  • Domestic agricultural subsidies
  • Real effective exchange rate
  • Consumer sentiment index

  • Current Performance
    Climate concernsCurdling farms
  • Chart: Revenue Growth

  • Industry Outlook
    Rising animal farmingThe exchange rate
  • 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 in Ireland
  • Hardware & Home Improvement Stores in Ireland
  • Raising of Animals in Ireland

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

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

  • Demand Determinants
    Major Markets
  • Livestock farms
  • Horticultural farms
  • Consumer and recreational sector
  • Other agricultural businesses
  • 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 competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Agricultural Machinery & Equipment Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    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 (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Arable Farming
  • Farming aimed at producing crops.
  • Poultry
  • Domestic fowl, such as chickens, turkeys, ducks, and geese.
  • 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 in Ireland 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 in Ireland:
    • 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 in Ireland 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 in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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