UK Tractor Sales Figures for May Show 16% Year-on-Year Growth
UK Tractor sales figures for May show 16.3% increase for May 2021.
UK Tractor Sales Climb Towards to 2019 Level
After the challenges of the first half of 2020, due to a combination of Covid-19 and adverse weather conditions, agricultural tractor registrations increased in early 2021. However, year-on-year growth of 25% in the first half of the year meant that registrations were comfortably above the average of recent years. Growth slowed in the second half of the year, partly because the market had already recovered in the closing months of 2020 but also because of widespread disruptions to global supply chains. This affected tractor manufacturers as much as those making a range of other goods and led to lengthening lead times for delivery of machines. Without these disruptions, registrations would undoubtedly have been higher still.
The overall pattern of tractor sales remained within the recent sales range for the previous four years. Early figures for 2022 have followed the pattern, though they are slightly higher than in 2021 in the first quarter. This trend has continued with an increase of 16.3% on 2021's performance in May with 1283 tractors registered compared to 1103 for 2021.