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Market Pulse 2024

As part of the TBAuctions family, we are proud to share key insights from the latest Market Pulse 2024 report. The report highlights major shifts in the secondary B2B market for industrial goods and equipment.

Between 2021 and 2024, online B2B auctions in Europe have grown by more than 50 percent, reaching a total hammer value of approximately EUR 1.5 billion. One clear trend stands out: more and more companies are turning to digital auctions as a smart, sustainable and flexible way to manage their assets.

As our CEO Tom Christenson puts it:
"Online auctions are increasingly viewed as a strategic tool. Rising production costs and geopolitical uncertainty are forcing companies to rethink their asset management."

At Troostwijk Auctions, we see this reflected in our daily operations. Demand continues to grow, assets sell faster and cross-border transactions have increased by 65 percent over the past three years.

The full Market Pulse report is packed with data and insights across key sectors such as agriculture, construction and transport.

 

Read the Market Pulse 2024 report here