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Slight Growth in UK Agricultural Machinery Market for August but Market Still Lagging Behind 2021

The AEA (Agricultural Engineers Association) has published the monthly registration figures for agricultural machinery in the UK for August.

+0.6% Year-on-Year Growth for Tractors

For August the AEA has revealed that for tractors over 50BHP, there 834 units registered which was an increase of +0.6% against 2021’s standpoint. The AEA have also pointed out that this is “only slightly ahead” of the August average for the previous 5 years.

As for the year-to-date numbers, following August 8,227 units were now registered meaning that the market is still -5.4% down on 2021 at the same stage. The AEA confirms this is due to ongoing supply issues that continue to delay the delivery of tractors to customers.

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