Steady gains in UK tractor market share and an uncharacteristic dip by the long-time market leader saw CNH Industrial take the top slot among manufacturers in 2020
Agricultural tractor sales in the UK last year regained much of the ground lost during 2020 — the first year of the Covid-19 pandemic — with registrations of tractors of more than 50 horsepower returning to about the same level as in the previous 3 years at just over 12,000 units.
Two British manufacturers are the latest to join the growing portfolio of European agricultural equipment firms represented in eastern Canada by distributor LanAgro, Cornwall, Ont.
The agricultural and construction equipment group began making engines in 2004, primarily to supply its own factories around the World, at the JCB Power Systems plant in the UK, where more than half of the 750,000 units have been built.
Managers of Great Britain’s agricultural and garden machinery dealer association have reassured members over conflict of interest concerns following the organization’s purchase by AEA, the UK’s machinery manufacturers’ association.
Sales of specialist cleaning units into North America for a variety of root and other crops have contributed to a record year for Scotts Precision Manufacturing.
“The number of high powered tractors over 240 horsepower also fell by 11%, while tractors of more than 280 horsepower were down by more than a quarter, although sales of these larger tractors bounced back in the second quarter, having been down even more in the first 3 months of the year.”
The UK has seen an exploding used tractor market following England’s departure from the EU. Brexit’s impact on the British pound, coupled with dropping commodity prices have made a perfect environment for British farmers to purchase low-hour, high value machinery.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.