Tractor sales moving towards recovery after Covid-19 impact

UK tractor sales in June were down 15% on the same time in 2019, according to the latest figures from the Agricultural Engineers Association (AEA).

A total of 932 tractors over 50hp were registered during the month, compared with 1,100 in June 2019.

However, this monthly total is a much smaller decline than those seen in April (-51%) and May (-42%), when the impact of Covid-19 was at its highest.

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Stephen Howarth, AEA economist, said this sign of recovery was partly due to improving delivery times, with factories across Europe being generally back up and running, albeit sometimes at reduced capacity.

“The effect of the virus, along with other factors negatively impacting on demand for tractors, such as the weather and political uncertainty, can be seen in total registrations for the first half of the year, which were down by almost a quarter,” Mr Howarth said.

January to June 2020 saw 5,195 tractor sales, about 1,700 fewer registrations than during the first half of 2019 (6,902).

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