Demand “remains strong” for new tractors on the Irish market, according to the FTMTA (Farm Tractor and Machinery Trade Association).
The body made the remark as it issued its statistics service report for October 2022, which shows the continuing impact of disruptions to global supply chains on the number of agricultural tractors being registered in Ireland.
According to its data, the October 2022 new tractor market at 99 units was 17% higher compared with the corresponding period last year.
The year-to-date figures are 10% lower than the same period in 2021, with 2,067 new tractors registered in the ROI, so far this year, compared with 2,305 units last year.
The Rebel County continues to deliver the highest number of new tractor registrations at 303 units for the year to date.
Co Tipperary sits second with 165 units, followed by Wexford at 141 units.
According to the body, the most popular power band remains in the 141 to 160hp category, which, for the year-to-date, now makes up for 20.51% of all-new tractor registrations.
Tractors in the power band lower than 100hp now account for 10.69% of all new tractor registrations. The over 200hp category now accounts for 9.04% of registrations.
The FTMTA data shows that 206 imported used tractors were first-time registered in Ireland in October 2022, a 17% fall compared to this month last year.
There were 2,243 used tractors first registered by the end of October 2022 compared to 3,259 units for the first ten months of 2021, a more than 31% reduction.
New & used tractor registrations by month for Ireland 2022 – Data source: FTMTA
New Tractors Registrations
Note: The body compiles the reports from monthly raw data received from the Irish Revenue Commissioners, who are responsible for all first-time registrations of new and used vehicles in Ireland.
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