AGRIEVOLUTION12 November 2013

Decreasing agricultural income

– First half 2013 Value Added in agriculture -1.3%

– 2012 Agricultural income per worker -1.1%

AGRICULTURAL SITUATION

Year 2012/2013

Source: ISTAT

AGRICULTURAL SITUATION

Year 2012/2013

2012 agricultural output prices +6.1%

II Quarter 2013

Apr-13 May-13 Jun-13 II Q -13 Apr-13 May-13 Jun-13 II Q-13Mar-13 Apr-13 May-13 I Q-13 Apr-12 May-12 Jun-12 II Q-12

-2.9 +3.2 +3.7 -0.8 +6,4 +11.4 +11.5 +9.9

Source: ISTAT

AGRICULTURAL SITUATION

Year 2012/2013

Past harvest results

Source: AGRIT

AGRICULTURAL SITUATION

Year 2012/2013

Past harvest results

Source: ISMEA

AGRICULTURAL SITUATION

Year 2012/2013

Source: ISTAT

ITALIAN AGRICULTURE STRUCTURAL CHANGE

Source: ISTAT

ITALIAN AGRICULTURE STRUCTURAL CHANGE

TURNOVER

FARM MACHINERY

TURNOVER

FARM MACHINERY

FARM MACHINERY

EXPORTS

FARM MACHINERY

EXPORTS

FARM MACHINERY

TRACTOR EXPORTS

FARM MACHINERY

AGRICULTURAL MACHINERY EXPORTS

FARM MACHINERY

DOMESTIC MARKET

FARM MACHINERY

DOMESTIC MARKET

Recourse to contractors

Source: FederUnacoma/Nomisma

FARM MACHINERY

DOMESTIC MARKET

Purchases of agricultural machine over the past 5 years

Source: FederUnacoma/Nomisma

FARM MACHINERY

DOMESTIC MARKET

Source: FederUnacoma/Nomisma

Purchases of agricultural machine over the past 5 years

FARM MACHINERY

DOMESTIC MARKET

Intentions to purchase new agricultural machinery in the next 3 years

Source: FederUnacoma/Nomisma

FARM MACHINERY

DOMESTIC MARKET / REGISTRATIONS

2012 Jan.-Sep. 2013

TRACTORS -17,45% -5.6%

COMBINES -5,35% +15.4%

TRANSPORTERS -26,25% -17.4%

TRAILERS -11,96% -8.1%

TOPICS

• Recession affected domestic demand

• Difficulties in accessing the European funds

• Bureaucracy and taxes for both farmers and machinery manufacturers