2014-02-03 08:15:02 - Agricultural and Forestry Machinery in Indonesia: ISIC 2921 - a new market research report on companiesandmarkets.com
Indonesia´s agricultural and forestry machinery market nearly doubles in value from 2007 to reach Rp7.6 trillion in 2012. Almost half of machinery purchased as capital investment. Imports of agricultural and forestry machinery keeps growing at fast pace of 18% CAGR.
Turnover of local producers increases 88% over 2007-2012 to Rp2.9 trillion. Healthy growth of 8% on average per annum expected over 2013-2018, due to increasing demand of field work mechanisation.
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