Agricultural machinery: warnings about costs, imported pressure, and the challenge of competing with Asia
The president of the Argentine Chamber of Agricultural Machinery Manufacturers discussed the challenges faced by the industry at Expoagro, focusing on taxes, bureaucracy, and the effects of trade openness.
During the 20th edition of Expoagro, Hernán Zubeldía, president of the Argentine Chamber of Agricultural Machinery Manufacturers (CAFMA), provided insights into the current challenges confronting the agricultural machinery industry in Argentina. He emphasized the burden of taxes, bureaucratic hurdles, and the effects of increased commercial openness that could impact domestic production capabilities. Despite these challenges, Zubeldía highlighted the sector's historical ability to adapt and innovate, which has been crucial for its sustainability.
At the event, Zubeldía engaged in discussions about the national industry's outlook against a backdrop of economic changes, indicating that the agricultural machinery sector must navigate various pressures, including competition from Asian markets. He pointed out the importance of maintaining a competitive edge through innovation and adapting to new economic realities, which may be facilitated by the right policies and support systems.
The sector's challenges were further explored during a sectoral analysis day organized by Techint's Propymes program at Expoagro, where technical and economic tools aimed at overcoming these challenges were presented. This gathering underscored the need for collaborative efforts among stakeholders to ensure the continued growth and competitiveness of Argentina's agricultural machinery industry, which plays a vital role in the agricultural sector.