AEM data reveals January 2022 Canadian product sales of tractors up by 6.3 p.c over 2021 interval.

By Andrew Joseph, Farms.com

The Affiliation of Gear Producers (AEM) has launched its month-to-month product sales report for farm instruments, displaying that Canadian product sales of tractors for the month of January 2022 have been up by 6.3 p.c, though combine product sales have been down by 30 p.c.

A comparability of product sales data for January 2022 versus January 2021 inside the report reveals that for 2WD farm tractors with < 40 HP, product sales have been up by 6.6 p.c: 2022 @ 1,141 vs 1,170.

For the same tractors with 40 < 100 HP, the product sales numbers dropped by -3.1 p.c: 2022 @ 407 vs 420.

2WD farm tractors with 100+ HP improved by 26 p.c in January 2022 to 213 objects vs 2021 January product sales of 169.

Complete 2WD farm tractor product sales have been at 1,761 objects in January 2022 vs 1,659 objects in January 2021 – for a progress of 6.1 p.c.

4WD farm tractors in Canada seen a rise in product sales of 16.7 p.c. January 2022 seen 28 objects provided vs 24 objects provided in January of 2021.

Combining the 2WD + 4WD farm tractor product sales, we see the 6.3 p.c improve in product sales: 1,789 objects in January 2022 vs 1,683 objects in January 2021.

The combination product sales, as well-known earlier weren’t just about pretty much as good, down 30 p.c: merely 49 objects provided in January 2022 vs 70 objects provided in January 2021.

For comparability, the AEM report well-known that US full farm tractor product sales solely gained 1.5 p.c in January 2022 over January 2021, and combines product sales for the month fell 41.4 p.c to 205 objects provided.

For further information on the AEA, go to: https://www.aem.org.

 

Provide hyperlink

Share this post

Leave a Reply

Your email address will not be published.