As Per FADA Research, Retail Tractor Sales Increased By 5.24% YoY In December 2022
According to the FADA's monthly report on tractor sales, retail tractor sales increased in December 2022 by 5.24% compared to December 2021. According to the details and data provided by FADA, tractor sales in December 2022 are higher than total tractor sales in December 2021. For December 2022, all tractor brands in India show a slight increase and decrease in sales. We can say that all tractor brands have generated higher sales, demonstrating the increasing demand for tractors in the Indian market. Furthermore, let us look at the individual sales of tractor brands.
According to the FADA's monthly report on tractor sales, retail tractor sales increased in December 2022 by 5.24% compared to December 2021.
According to the details and data provided by FADA, tractor sales in December 2022 are higher than total tractor sales in December 2021. For December 2022, all tractor brands in India show a slight increase and decrease in sales. We can say that all tractor brands have generated higher sales, demonstrating the increasing demand for tractors in the Indian market. Furthermore, let us look at the individual sales of tractor brands.
Retails Tractor Sales Figures December 2022
Manufacturer |
Dec’2022 |
Dec’2021 |
MS Dec’22 |
MS Dec’21 |
Mahindra |
19,389 |
14,938 |
24.68% |
20.01% |
Swaraj |
12,922 |
10,480 |
16.45% |
14.04% |
Sonalika |
9,772 |
9,266 |
12.37% |
12.41% |
Escorts Kubota |
7,759 |
6,260 |
9.88% |
8.39% |
Tafe |
7,867 |
8,297 |
10.01% |
11.11% |
John Deere |
6,508 |
4,795 |
8.28% |
6.42% |
Eicher |
5,015 |
5,395 |
6.38% |
7.23% |
New Holland |
3,285 |
2,284 |
4.18% |
3.06% |
Kubota |
2,385 |
1,582 |
3.04% |
2.12% |
VST |
462 |
485 |
0.59% |
0.65% |
Force |
357 |
433 |
0.45% |
0.58% |
Preet |
333 |
505 |
0.42% |
0.68% |
Gromax |
285 |
197 |
0.36% |
0.26% |
Others |
2,273 |
9,736 |
2.89% |
13.04% |
Total |
78,563 |
74,653 |
100.00% |
100.00% |
Detailed Sales Data Of Tractor Brands
Mahindra tractors have taken first place in the industry, with total sales of 19,389 more than other tractor brands, and have shown an increase in sales in December 2022 compared to December 2021, which was 14,938.
Swaraj tractors came in second place behind Mahindra tractors, with total tractor sales of 12,922 in December 2022, and have shown an increase in tractor sales compared to the previous year, which ended at 10,480.
Sales noted for December 2022 were 9722 as compared to December 2021, which were 9266, allowing the market leader ITL - Sonalika tractors to achieve stability in its overall number of tractor sales with a minimal change in sales number.
Escorts had a total sales figure of 7759 in December 2022, up from the previous month's 6260 total sales figure. Escort is a brand that competes in the tractor market and has seen an increase in tractor sales.
John Deere's sales for December 2022 were 6508 in total, a significant increase from the previous year's sales of 4795 in December 2021. This demonstrates a rise in consumer demand for John Deere tractors.
Eicher Tractor's sales figures remain stable as a result of their stability. In December 2022, it generated 5015 total sales, a slight decrease from December 2021, and 5395 sales, a slight increase from December 2022.
The total number of CNH tractors sold in December 2022 and December 2021, respectively, was 3287 and 2284. The tractor industry has been held to a high standard by CNH Industrial tractors.
With 2385 total sales in December 2022—a slight increase from December 2021's 1582—Kubota tractors has seen a slight increase in sales.
If we turn our attention to other tractor brands, such as Vst, Force, Gromax, and Preet, we see that their tractor sales only slightly fluctuated between December 2022 and December 2021. Due to their consistent efforts to provide tractors of the highest caliber and their effective marketing strategies, all of these brands have been able to increase their tractor sales in the market.
Also Read:-
December 2022 Escorts Kubota Sales Report - Sales Amplified By 18.7%
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