The latest UK new tractor registration figures issued by the Agricultural Engineers Association (AEA) show that new agricultural tractors (over 50hp) registrations in the UK fell back below last year’s level in October.
There was a total of 671 new tractors registered in September which is 100 units lower than on the same month last year. The AEA reports that this was a smaller fall than those recorded during between April and July but suggests the market remains subdued, with the uncertain climate perhaps affecting farmers’ willingness to invest. Registrations for the year to date are 22% lower than by the same point last year and the annual total could fall below 10,000 machines for the first time since 1998.
UK Agricultural Tractor Registrations – October 2020
Month : 671 Units -13% change (compared with October 2019)
Year to Date: 8,541 Units -21.6% change (compared with January-October 2019)