Used Equipment Market Report Highlights Shifting Trends Across Europe in early 2025

Out now: the ‘Market Trends Report – 1st Quarter 2025’, published by Ritchie Bros.

[Maltby (United Kingdom)  – June 3, 2025] – The latest Used Equipment Market Trends Report – Q1 2025, published by Ritchie Bros., reveals significant developments in Europe’s used machinery market, with noteworthy shifts in both the construction and agricultural sectors.

Offering data-driven insights and valuable benchmarks, the report leverages a massive volume of data collected through Ritchie Bros.’ extensive European sales channels—including auctions, Mascus, Marketplace-E, and more. This comprehensive analysis helps equipment owners, buyers, and sellers gain a clearer understanding of the current dynamics shaping the used equipment market, enabling them to make more informed decisions in a rapidly evolving landscape.

Focusing on five key categories—crawler excavators, articulated dump trucks, tractors, combine harvesters, and balers—the Q1 edition provides a comprehensive snapshot of supply, demand, and pricing trends across Europe.

Key insights from Q1 2025

Drawing on comprehensive data from online listings and auction results, the report highlights notable shifts in the market:

• Crawler excavators recorded a 33% increase in buyer demand on Mascus compared to Q1 2024, indicating a more optimistic outlook for 2025 because the market is adapting.
• Articulated dump trucks saw a 56% rise in median auction prices, reflecting a strong buyer appetite despite the uncertainty in the wider market.
• Tractor sales through Ritchie Bros. auctions jumped by 39% year-over-year, with prices showing a modest increase driven by stable demand.
• Combine harvesters experienced a 55% drop in auction prices, suggesting that many buyers are prioritising budget over cutting-edge features, likely due to continued pressure on farm income and capital availability.
• Balers attracted significant interest from Swedish buyers, who led the number of purchase requests for this equipment type on Mascus. Following a sluggish 2024, the European used baler market showed signs of recovery in early 2025.

UK remains the one of the largest buyers in the construction market, where demand is high across equipment such as Crawler Excavators & Dump Trucks.

“As the trusted partner in equipment sales, we see first-hand how market conditions are changing. This report brings together the most relevant trends to help buyers and sellers adapt with confidence,” said Duncan Ainscough, Head of International Sales at Ritchie Bros. “Understanding supply, demand and price trends is key to optimizing fleet management and investment strategies.”

The full report is available now for free download, providing an in-depth analysis of the current landscape and actionable insights for industry stakeholders.

About Ritchie Bros.

Ritchie Bros., an RB Global, Inc. (NYSE: RBA) (TSX: RBA) company, is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, mining, and forestry, the company’s selling channels include: Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer offering auction events with online bidding; IronPlanet, an online marketplace with weekly featured auctions and providing the exclusive IronClad Assurance® equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; and Mascus, a leading European online equipment listing service. For more information about Ritchie Bros., visit rbauction.com or for more information on RB Global, visit rbglobal.com.