The AEA (Agricultural Engineers Association) has published its monthly registration figures for agricultural tractors over 50HP for the month of April with both the monthly and year-to-date numbers making pleasant reading for the market at this point.
11.1% Increase on April 2022
April 2023 registered 1280 tractor registrations which came in 11.1% of last April’s benchmark of 1152 units. These registrations have taken the year-to-date total up to 4634 registrations.
At the moment, this represents a 10.4% improvement on the first third of 2022 where 4,199 units had been recorded. 2023 has seen noticeable monthly increases in three out of the four months during the year so far with only February recording a deficit of 14.7%.