According to the FTMTA, a “strong” demand remains for new tractors on the Irish market.
However, its latest statistics service report for June 2022 shows the continuing impact of disruptions to global supply chains on agricultural tractor registrations in Ireland.
The June 2022 new tractor market at 54 units was 40% lower, compared with the same month last year.
According to its data, the year-to-date figures are 11% lower than the same period in 2022.
Its figures show that 1,368 new tractors were registered in the Republic of Ireland so far in 2022, compared with 1,539 units in 2021.
County Cork continues to deliver the highest number of new tractor registrations at 197 units for the year to date.
Tipperary sits in second place, while Waterford follows in third position with 110 units.
The most popular power band has moved down to the 101 to 120 hp category, which for the year-to-date now accounts for 24.49% of all new tractor registrations.
Tractors in the power band lower than 100 hp now are responsible for 10.74% of all-new tractor registrations.
Meanwhile, the over 200hp category now makes up 9.43% of registrations.
The association’s data shows that 237 imported used tractors were first-time registered in Ireland in June 2022, a 12% decrease compared to June 2021.
There were 1,423 used tractors first registered by the end of June 2022 compared with 2,329 units for the first five months of 2021, a more than 46.6% reduction.
The association concluded that the Irish market for new telescopic loaders “continued to grow” last month.
Its latest data shows new telescopic registrations rose by 58.33% compared with June 2021.
Furthermore, the overall year-to-date trend shows an increase of 7.22%.
The two “leading” brands, its analysis shows, account for over 60% of the total market.
There were 19 new telescopic loaders registered in June 2022, compared with 17 used first-time registrations.
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