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Wednesday, October 16, 2024

UK tractor registrations down 15% to this point this yr

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Agricultural tractor registrations within the UK for the primary 9 months of 2024 had been 15% decrease than in the identical interval final yr, new evaluation exhibits.

Final month, a complete of 899 machines had been registered, which is nineteen% down on September 2023, the Agricultural Engineers’ Affiliation (AEA) mentioned.

Final month’s determine was additionally 17% beneath the common for a similar month over the earlier 5 years. Certainly, it was the bottom September determine since 2015.

It introduced the whole for the primary three-quarters of the yr to eight,224 machines – 15% decrease than in January to September 2023 and 13% behind the common for the opening 9 months of the yr.

As a part of its evaluation, the AEA additionally checked out areas and energy bands, displaying that the variety of tractors registered this yr have been decrease throughout many of the energy vary.

The exception is for the most important machines – over 240hp – the place almost 15% extra have been recorded this yr.

That phase accounts for 16% of tractors registered this yr, up from 12% within the first 9 months of final yr, the AEA defined.

At or beneath 240hp, however over 50hp, 19% fewer machines had been logged in January to September 2024 than in the identical interval final yr.

At regional degree, the most important year-on-year declines throughout the first 9 months of 2024 had been within the South of England, the evaluation exhibits.

Share falls develop into progressively smaller the extra northward throughout the UK, with Scotland, the North of England, North Wales and Northern Eire all seeing smaller falls than areas additional south.

The AEA mentioned this would possibly mirror the comparatively sturdy costs for livestock merchandise this yr, in contrast with crops, which have additionally been hardest hit by the opposed climate.

It concluded that the north-south divergence was much less obvious within the third quarter, although the North West of England noticed a small improve and Scotland and Northern Eire smaller decreases than different areas.



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