Expodireto Cotrijal: Agricultural machinery and implements market projected to decline 8% this year, according to Abimaq.

At a meeting held at Expodireto Cotrijal, in Não-me-toque (RS), the ABIMAQ Agricultural Machinery and Implements Sector Chamber released, this Friday (13), a balance of the current market situation. According to Pedro Estevão Bastos, president of the ABIMAQ Agricultural Machinery and Implements Chamber, in the last six months the sector's revenue fell by 7% when compared to the same period of the previous year and in January 2026 revenue fell by 15.6%, indicating a more challenging scenario. High default rates, strict credit granting, high interest rates and falling commodity prices are the economic fundamentals that explain this market decline. The war between the United States and Israel against Iran brings other negative variables, which were not considered at this time and will be addressed later. In this scenario of reduced margins and high unpredictability, farmers tend to prioritize the purchase of inputs, with investments in fleet renewal taking a back seat. The expectation for revenue this year is an 8% drop in 2026 compared to 2025, with a strong downward bias, which opens up the prospect of negative reassessments.

This text was translated by machine from Brazilian Portuguese.