Tractor sales down 14.8%

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The AEA report that registrations of agricultural tractors (over 50hp) reached 10,598 units in 2015, a drop of 14.8% on the level of the previous year.

AEA Economist Chris Evans said, “This is the lowest unit total for over a decade and clearly reflects the difficult conditions that farmers faced in a year where most commodity prices were very weak.”

As a single month December showed a fall of 3.1% to 558 units.

The average size of unit continues to increase with a 1.3% rise last year to 157.1hp.

 

Tractor registrations

 

 

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