Tractor sales down 14% but horsepower up

18 July 1997




Tractor sales down 14% but horsepower up

AVERAGE tractor horsepower continues to rise, despite a steady decline in units sold, says the Agricultural Engineers Association.

Average power now stands at 104.1hp, an increase of 2.3% on last year and reveals farmers are buying fewer but larger tractors.

In the first six months of 1997, tractor registrations reflected this buying trend, with only 8082 units sold – a drop of 14.1% on the same period last year.

Economist Chris Evans reckons this year could be more of a "normal" year, as past annual markets have averaged out below 17,000 units. "The high volume sales of 95 and 96 could never be maintained and we expect this year to be more of a return to how the market used to be," explains Mr Evans.

"Though it could strengthen with the R-reg prefix due in Aug."n


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