Tuesday, December 5, 2023
4.1 C
HomeFarming NewsTelescopic loader registrations up 25%
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

Telescopic loader registrations up 25%

The Irish market for new telescopic loaders remained “reasonably” strong in August 2022 at 40 units.

That is according to the latest FTMTA Statistics Service Report for August 2022, which shows new telescopic registrations rose in August 2022 by 25% compared with August 2021.

The body says that the overall year-to-date trend shows an increase of 13.3% to 417 units this year.

The two “leading brands” make up over 60% of the total market.

Moreover, there were 28 imported used telescopic loaders registered in August 2022.

Backhoe loaders

Meanwhile, the Irish backhoe loader market dropped to 8 new registration units in August 2022.

- Advertisement -

The year-to-date market “remains strong,” with 53 units registered so far in 2022, a 7.02% reduction compared with the same eight months of 2021.

One brand continued to “dominate” the market with registrations that account for almost 70% of the new backhoe loader registrations.

There were 10 used backhoe loaders registered in August 2022 in Ireland.

Wheeled loaders

Then, the Irish wheeled loader market recorded a similar number of new registrations in August 2022 at 9 units, compared with August 2021, while the year-to-date market increased by 2.6%.

The FTMTA says that the “market dominance” of Chinese manufactured machines at the lower power end of the market for farmers “remains strong” for the year to date to the end of August 2022.

They now account for 55% of the new wheeled loader registrations in Ireland.

Besides, there were 4 imported used Wheeled loaders registered in August 2022

The FTMTA compiles its statistics service reports from monthly raw data from the Irish Revenue Commissioners, who are responsible for all first-time registrations of new and used vehicles in Ireland.

Other news articles on That’s Farming:

- Advertisment -

Most Popular