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Domestic Retail Tractor Sales Registered 9.66% Growth in June 2022

Domestic Retail Tractor Sales Registered 9.66% Growth in June 2022
Posted - July 12, 2022 Share Post

According to the FADA report, total tractor retail sales grew by 9.66%, as sold 57,340 units in June 2022 as compared to 52,289 units in June 2021. 

New Holland Tractor

Brand-wise tractor Retail sales in June 2022

Mahindra tractor sales increased by 13.36% by selling 13,191 units in June 2022 as compared to 11636 units in June 2021. As a result, the company maintained its market share by 0.75%. 

Mahindra & Mahindra Swaraj Division sold 9637 tractor units in June 2022 as against 8446 units in June 2021 which shows a 14.10% growth in sales. Also, the company gains its market share by 0.66%. 

TAFE limited sold its 7389 tractor units and registered 14.10% growth in June 2022 while it sold 6476 units in June 2021. Additionally, TAFE limited gained 12.89% market share which is 0.5% higher than last year. 

Sonalika tractor registered 3.86% growth by selling 6947 units in June 2022 as compared to 6689 units in June 2021. But on the other side, the company lost its market share by 0.67%. 

Escorts tractor sales fallen by 6.41%, as sold 6060 units in June 2022 whereas the Escorts sold 6475 units in June 2021. As a result, the company lose its market share by 1.81%. 

John Deere tractor sold 4517 units in June 2022 against 3839 units in June 2021 which clearly shows the June 2022 sales growth by 17.66%. With a good sales growth, the company has also increased its market shares by 0.54%. 

Eicher tractor registered its sales growth by 6.96% as sold 3289 units in June 2022 while it sold 3075 units in June 2021. The company also recorded a downfall in its market share by 0.14%. 

New Holland tractor sales dropped by 5.99%, selling 2110 units as compared to 2243 units in June 2021. As a result, the company lose its market share by 0.61%. 

Kubota tractor sold 1404 units in June 2022 while it sold 797 units in June 2021 which clearly shows 76.16% growth in June 2022 sales. At the same time, the company increased its market share by 0.93%. 

Force tractor recorded a decent sales growth by 116.93%, selling 410 units in June 2022 as against 189 units sold in June 2021. Accordingly, the company gained its market share by 0.36%. 

VST tractor sold 339 units in June 2022 as compared to 309 units in June 2021 which clearly shows 9.71% hike in sales. On the other hand, the market share of VST tractor company is at the break-even point. 

Indo Farm tractor sales recorded a boost of 27.39% by selling 307 units in June 2022 as against 241 units sold in June 2021. As a result, the company gained its market share by 0.08%. 

Captain tractor sold 199 units in June 2022 compared to 188 units sold in June 2021 which shows a 5.85% growth in sales. But the company lose its market share by 0.01%. 

As per FADA reports, tractor retail sales of other brands which recorded a loss of 8.60% in June 2022. They sold 1,541 units as compared to 1,686 units in June 2021. As a result, the market share of the other tractor brands in June 2022 also decreased by 0.53%.

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