There has been an “increased” level of activity in the farm machinery sector in Ireland, with new tractor and telescopic loader registrations setting the pace on “an upward trend” in 2023.
That is according to the latest FTMTA Statistics Service Report for January 2023, which shows that the January 2023 new tractor market at 485 units was 15% higher compared with the corresponding month in 2022.
The year-to-date figures are 15% higher than the same period last year, with 485 new tractors registered in the Republic of Ireland in January 2023, compared with 420 units in 2022.
The ‘Rebel County’ continues to deliver the highest number of new tractor registrations at 57 units for the year-to-date, while Tipperary is ranked in second place with 47 units followed by Wexford at 43 units.
The most popular power band moves to the 101 to 120hp category, which for January 2023 accounted for 23.92% of all new tractor registrations.
Meanwhile, tractors in the power band lower than 100hp now account for 3.5% of all new tractor registrations and the over 200hp category now accounts for 8.25% of registrations.
The FTMTA data shows that 230 imported used tractors were first-time registered in Ireland in January 2023, 3 units more than in January 2022.
This compared with 227 units for the first month of last year, an increase to the tune of 0.2%.
Meanwhile, the body reported that the number of imported used tractors and machines, registered for the first time in Ireland, declined compared with the same month of January 2022.
New & Used Tractor Registrations by Month Ireland 2023 – Source: FTMTA
New Tractors Registrations
Used Tractor Registrations