While tractor sales are down, combine harvester sales are favorable for 2022.

Views: 45     Author: Site Editor     Publish Time: 2023-01-12      Origin: Site

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Sales of combine harvesters have been strong in the agricultural markets throughout this exceptional period, which is proof that new technologies have a positive impact on the quality and quantity of crops that farmers can harvest.

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For December, sales of agricultural equipment increase due to combine harvesters.


In the United States and Canada, unit sales of major agricultural equipment increased 4% in December compared to the same month last year.


According to statistics gathered by the Association of Equipment Manufacturers, self-propelled combines and four-wheel drive tractors both contributed to the rise.

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Row crop tractors, which are often compact models for farming, had their first yearly loss since August 2020 in December, down 4.2% from the preceding year to roughly 3,200 units.


In Washington According to the most recent figures from the Association of Equipment Manufacturers, ag tractors conclude the year below levels for 2021 in both the United States and Canada, while sales of combine harvesters end the year with significant unit gains.


In comparison to 2021, sales of all agricultural tractors in the United States decreased for both the month of December and the whole year. The sub-40hp category had the greatest declines, falling 26.7 percent for the month and 19.3 percent for the calendar year.


However, sales of self-propelled combines in the United States increased 16.3% month over month and up 15.8% year over year. Only one other market sector saw annual growth: 100+hp units, which ended the year up 11.3 percent despite declining 2.7 percent in December. Sales of agricultural tractors overall in the United States during the year decreased 14.8% from 2021.

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Again leading sales in Canada for the year were combine harvesters, which increased 10.7% thanks to a 27.7% increase in December. Tractor unit sales as a whole ended the year down 7.2%, with the sub-40hp group leading losses in Canada as well, down 17.2% for December and 9.8% overall.


In contrast, 4WD units were the only tractor sector to end the year with positive growth, increasing by 6.3 percent overall thanks to more than tripling sales in December. Only 9 fewer units were sold than the previous year, which resulted in a 0.2 percent decline for two-wheel-drive tractors with more than 100 horsepower.


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