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16 sep 2019 |
17:09 |
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Positive first six months for tractor registrations in 2019
Overall, some 96,428 tractors were registered across Europe in the first six months of 2019, according to numbers sourced from national authorities. Of these registrations, 21,285 tractors were 37kW (50 hp) and under, and 75,143 were 38kW and above. CEMA considers that 77,383 of these vehicles are agricultural tractors, the rest being quads, telehandlers or other equipment. An overview of the total tractor registrations in each country can be found in the annex.
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Agricultural tractor registrations for the first semester increased by around 10% in comparison with the first six months of 2018. One should however remember that registrations in 2018 were impacted by new legislation coming into force on 1 January 2018, which resulted in a high number of pre-registered tractors in December 2017 without an increase in underlying demand. The current increase should therefore take this phenomenon into account, since 2018 is otherwise considered to have been a positive year for tractor sales. Graph 1 clearly shows that registrations in December 2017 peaked and, subsequently, were relatively low in the first quarter of 2018. When estimating the trend without this unusual peak, the first semester in 2019 continues the slight recovery for demand in tractors seen in 2018.
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