The Farm Tractor and Machinery Trade Association (FTMTA) recently published tractor and self-propelled machinery sales figures for 2018.
The noted that tractor sales in October 2018 were up by 2017 figures, with 99 sold in total. This brought the total of tractors sold from January to October to 1,697 units, a 1% decrease on 2017 figures. The reason behind the decrease in sales has been put down to a slow January, a month which usually witnesses the most registrations. Sales of tractors in January 2018, according to the FTMTA, were down a staggering 29% on 2017!
“The scale of the recovery during the year is perhaps surprising but is definitely welcomed by the machinery trade.” The FTMTA said.
The three counties with the highest levels of registrations were again Cork, Tipperary and Wexford with 217, 140 and 136 units registered respectively up until the end of October 2018. Farmers have also continued focusing on higher power tractors, with 89% of all new tractors in 2018 over 100hp. Meanwhile, 54% were over 120hp and 27% over 150hp.
Telehandler registrations to the end of October indicate that demand for this category of machine is continuing at the strong levels seen in recent years.
There were 34 telehandlers in total registered in October 2018 alone, which is a significant increase on the number of units sold in October 2017. The October figure brings the overall level of telehandler registrations for the first ten months of 2018 to 358 units, which is a year on year increase of 28%!
This also means that Telehandler sales from January to October 2018 have surpassed the complete total for 2017 (3-3 units).
Backhoe loaders also witnessed a semi-resurgence over the last couple of years, with 52 registered in 2017 and 69 registered in the ten-month period from January 2018-October 2018.
Wheeled loaders have also experienced a high level of activity with 106 units registered to the end of October, in comparison to the 85 registered in 2017.