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The Domestic Tractor Sales Report April 2023 has been presented lately. The sales data reveals a 10.90% decrease in domestic tractor sales as against April 2022. Moreover, popular tractor manufacturers sold only 79,481 tractors in April 2023, marking a downfall of 10.90%, as the previous year’s sales were 89,201 tractors. However, these sales figures are supposed to improve in the coming financial year.
Detailed Domestic Tractor Sales Report April 2023
Mahindra & Mahindra April 2023 domestic sales were 35,398 units as compared to 39,405 units in April 2022. As a result, the brand witnessed a 10.17% decrease in sales. However, the Mahindra tractor’s market share saw a 0.36% increase.
TAFE sold 14,500 units in April 2023, which was 16,817 units in April 2022, revealing a 13.78% decline in domestic tractor sales. Additionally, the brand’s market share decreased by around 0.61%.
The April 2023 domestic tractor sales of Sonalika tractor was 9,814 units, which was 10,217 units in April 2022, observing a dip of 3.94% in domestic sales. Moreover, Sonalika tractors market share witnessed a 0.89% hike.
Escorts Tractors sold 7,252 units in April 2023 as compared to 7676 units in April 2022. This led to a 5.52% decline in domestic tractor sales. Along with this, the brand’s market share made a 0.52% decline.
John Deere tractors April 2023 domestic tractor sales were recorded at 5,492 units as compared to John Deere tractor 6,992 units in April 2022. Therefore, it presents a 21.45% decline in sales with a 1% dip in market share.
New Holland domestic tractor sales were 2823 tractors in April 2023, whereas the April 2022 domestic tractor sales were New Holland 3224 units, which marked a decline of 12.44%. This also led to a decline of 0.06% in market share.
Kubota tractors domestic tractor sales decreased by 10.29% in April 2023 with 2014 tractors sold in April 2023 as compared to 2245 tractors sold in April 2022. As a result, the brand’s market share improved by by 0.02%.
Indo Farm tractor also marked a decline of 14.29% in April 2023 domestic Indo Farm tractor sales. It is due to the sale of 480 tractors in April 2023, as compared to 560 units in April 2022, and its market share reduced by 0.02%.
Preet tractors domestic tractor sales were 467 units in April 2023, which was 531 units in April 2022. Hence, the brand observed a decline of 12.05% in domestic sales. Also, its market share dipped by 0.10%.
VST Tillers and Tractors Ltd. April 2023 domestic tractor sales were 300 units as compared to 423 VST tractors in April 2022, observing a 29.08% downfall in sales. This resulted in a 0.10% shrinking of its market share.
Force tractors showcased no significant growth or dip in domestic tractor sales. Therefore, its tractor sales remained the same as the previous year. Apart from this, Force tractor market share increased by 0.05%.
Captain tractor April 2023 domestic tractor sales were recorded to be 327 units which were 347 units in April 2022, leading to a 5.76% decrease. Moreover, the Captain tractor brand’s market share increased by 0.02%.
ACE tractors faced the biggest decrease in April 2023 domestic tractor sales, resulting in a 42.91% decline. The brand’s market share also decreased by 0.10%.
SDF tractors April 2023 domestic tractor sales saw a 34.92% decline due to the sale of 82 tractors as compared to SDF tractors 126 units in April 2022. Also, its market share declined by 0.04%.
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