Used equipment market report shows shifting trends in Europe by early 2025

Now available: the 'Market Trends Report Europe -
1st Quarter 2025," published by Ritchie Bros.

The latest market trends report on used heavy equipment - Q1 2025, published by Ritchie Bros. reveals significant developments in the European used machinery market, with notable shifts in both the construction and agricultural sectors.

Offering data-based insights and valuable benchmarks, the report draws on a vast amount of data collected through Ritchie Bros.-including auctions, Mascus, Marketplace-E and more-through Ritchie Bros.' extensive European sales channels. This comprehensive analysis helps equipment owners, buyers and sellers better understand the current dynamics shaping the used equipment market so they can make more informed decisions in a rapidly changing landscape.

The report focuses on five major categories-crawler excavators, articulated dump trucks, tractors, combines and balers-and provides a comprehensive overview of trends in supply, demand and prices in Europe.

Key insights from Q1 2025

Based on extensive data from online ads and auction results, the report highlights notable market shifts:

• Crawler excavators recorded an increase of 33% in buyer demand on Mascus compared to Q1 2024, indicating a more optimistic outlook for 2025 as the market adjusts.
• Articulated dumpers saw an increase of 56% in median auction prices, indicating strong buyer interest despite uncertainties in the broader market.
• Tractor sales via Ritchie Bros. auctions increased 39% year-on-year, with a slight price increase due to stable demand.
• combines experienced a 55% price drop at auctions, indicating that many buyers prefer affordability to advanced features-presumably due to continued pressure on farm income and capital availability.
• Balers attracted a lot of interest from Swedish buyers, who submitted most purchase requests for this type of equipment at Mascus. After a weak 2024, the European used baler market showed signs of recovery in early 2025.

One of the most striking insights from the report for the Netherlands is that the Dutch agricultural buying public is looking for durable, high-quality tractors. In addition, for equipment such as articulated dump trucks, the most interest and demand comes from the construction industry in the Netherlands.

"As the trusted partner in equipment sales, we see firsthand how market conditions are changing. This report compiles the most relevant trends to help buyers and sellers adapt with confidence," according to Duncan Ainscough, Head of International Sales at Ritchie Bros.. "Understanding trends in supply, demand and prices is crucial for optimizing fleet management and investment strategies."

Now available for free download, the full report provides an in-depth analysis of the current landscape, as well as actionable insights for industry professionals.