Following a strong performance in October, the number of tractors registered in November fell year-on-year by 43.1% down to 414 units.
This was also more than a third down compared to the seasonal average, however, the Agricultural Engineers Association (AEA) states that the total for October and November is very close to the seasonal mean.
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The AEA added that it’s currently difficult to say whether this is a blip or the start of a downturn in the market. The combined October and November registrations are down year-on-year, but manufacturers were working through the backlog caused by the COVID-19 pandemic last year.
Registrations from January to November remain slightly higher than in 2022, at 11,123 machines – a 1.6% increase.
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