Monday, February 26, 2024
8.7 C
Galway
HomeFarming NewsHow many telescopic, wheeled and backhoe loaders were registered in March?
Catherina Cunnane
Catherina Cunnanehttps://www.thatsfarming.com/
Catherina Cunnane hails from a sixth-generation drystock and specialised pedigree suckler enterprise in Co. Mayo. She currently holds the positions of editor and general manager at That's Farming, having joined the firm during its start-up phase in 2015.
Reading Time: 2 minutes

How many telescopic, wheeled and backhoe loaders were registered in March?

According to the FTMTA’s latest statistical report, the Irish market for new telescopic loaders reported growth in March 2023 at 58 units, writes farming journalist, Catherina Cunnane.

Its latest data release, which became available on Tuesday, April 18th, 2023, shows new telescopic registrations increased in March 2023 by 38% compared with March last year, when 42 units were registered.

The two leading brands, according to the body, account for over 70% of the total market. There were 51 imported used telescopic loaders registered in March 2023.

Backhoe Loaders

Meanwhile, the Irish backhoe loader market “remained stable” in March 2023 compared with February 2022, with just 4 new machines registered, giving a year-to-date decline of 14%.

There were 10 used backhoe loaders registered in March 2023 in Ireland.

- Advertisement -

Wheeled Loaders

Meanwhile, Irish wheeled loader market recorded a higher number of new registrations in March 2023 at 21 units, compared with March 2022, while the year-to-date market rose by 31%.

The spokesperson reported that the market dominance of Chinese manufactured machines at the lower price and power end of the market for farmers “remains strong” and now accounts for over 60% of the new wheeled loader registrations in Ireland.

There were just 5 imported used wheeled loaders registered in March 2023.

Tractor registrations

Meanwhile,  there is an “increased” level of activity in the farm machinery sector in Ireland, with new tractor and telescopic loader registrations continuing on an upward trend, according to the FTMTA’s latest statistics service report.

The number of imported used tractors and machines, registered for the first time in Ireland, increased compared with the corresponding month of March 2022.

The March 2023 new tractor market at 247 units was 1% higher compared with the same month in 2022.

The year-to-date figures are 8% higher than the same period in 2022 with 959 new tractors registered in the Republic of Ireland in March 2023, compared with 887 units in 2022.

County Cork continues to deliver the highest number of new tractor registrations at 135 units for the year-to-date, while Tipperary is ranked in second place with 79 units followed by Wexford at 75 units.

The most popular power band moves to the 101 to 120hp category, which for March 2023 accounted for 22.5% of all new tractor registrations.

Read more on this news article.

- Advertisment -

Most Popular