May Sees 50% Bump in Spanish Tractor Registrations
The latest figures highlighting tractor registrations in Spain have been released by the Ministerio de Agricultura, Pesca y Alimentación (Ministery for Agriculture, Fishing and Food) and paint a promising picture for agricultural tyre manufacturers and service providers.
Ministerio de Agricultura, Pesca y Alimentación Publish Latest Report
May 2021 saw 1,070 tractors sold across Spain, representing a 48,4% improvement on May 2020. Year-to-date figures also look favourable with a 41,6% lead on January to May 2020 and 4,668 units registered. Andalucia was once again the leading state in the country with 290 units sold, following by Castilla – La Mancha with 123 registrations during the period.
The market for agricultural machinery, which includes harvesting equipment, loading equipment, tractor trucks and power tillers, reported a 71.15% increase on May 2020, with a 29.29% improvement on the January to May figures. Castilla y León led the way in May, as 35 units were registered, closely followed by Andalucia (28), Aragón (25), Castilla – La Mancha (24) and Cataluña (21).
The continued growth in tractor registrations and agricultural machinery registrations in Spain, hopefully signals positive signs for agricultural tyre manufacturers in both OE and replacement markets.