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Domestic Tractor Sales in May 2024: 82,934 Units Sold, Indicating a 0.36% Increase

Domestic Tractor Sales in May 2024: 82,934 Units Sold, Indicating a 0.36% Increase
Posted -10 June 2024 Share Post

Domestic Tractor Sales Report for May 2024

In May 2024, the sales of tractors within India rose by 0.36%. The brands sold 82934 tractors in May 2024, as opposed to 82640 tractors sold in May 2023. Take a look at the comprehensive Tractor Sales Report by brand for May 2024.

New Holland Tractor

Domestic Tractor Sales Report May 2024 - Brand Wise

In May 2024, Mahindra Tractor, India's leading tractor manufacturer, sold 35,237 tractors, a 6.41% increase compared to May 2023, when they sold 33,113 tractors. During this year, Mahindra also gained 2.42% of the market share.

TAFE's domestic tractor sales for May 2024 reached 14,284, a 13.70% decline from the previous year, when they sold 16,551 tractors in May 2023. Additionally, TAFE's market share dropped 2.80%.

Sonalika Tractor International sold 11,131 tractors in May 2024, a significant increase from the 10,577 tractors sold in May 2023, showcasing a 5.24% increase in sales. Besides this, the data highlights a 0.62% increase in the brand's market share.

Escorts Tractors sold 8,232 tractors in May 2024, which decreased by 5.42% compared to the tractor sales in May 2023, which was 8,704 tractors. Besides, the brand experienced a drop in its market share by 0.61%.

In May 2024, John Deere Tractors saw a 9.39% rise in tractor sales, reaching 7,210 units compared to 6,591 units in May 2023. The brand also enjoyed a 0.72% increase in market share.

Similarly, New Holland Tractors experienced a 9.50% increase in tractor sales, with 3,445 units sold in May 2024, up from 3,146 units the previous year. This was accompanied by a 0.35% boost in market share.

Tractor Wholesale Report MAY 2024

Conversely, Kubota's Tractor sales declined by 2.40%, to 1,664 tractors in May 2024 compared to 1,705 units in May 2023. The company's market share also dropped by 0.06%.

In May 2024, Captain Tractor sold 449 tractors, reflecting a significant 5.87% decrease from the 477 units sold in May 2023. Additionally, the brand saw a slight 0.04% drop in market share.

Preet Tractors' domestic tractor sales saw a notable decline of 32.35%, with 391 units sold in May 2024, compared to 578 units in May 2023. The brand also experienced a minor 0.23% decrease in market share.

Indo Farm tractors reported a 36.08% decrease in domestic sales, selling 372 units in May 2024, down from 582 units in May 2023. This resulted in a 0.26% loss in market share for the month.

VST Tractor's domestic sales report for May 2024 showed a positive trend. 336 tractors were sold, marking a 3.38% increase compared to the 325 units sold in May 2023. The brand also saw a 0.01% rise in market share.

ACE tractor sales experienced a major decline of 44.02%, with 131 units sold in May 2024 compared to 234 units in May 2023. The market share for ACE tractors decreased by 0.13%.

SDF tractors observed an 8.77% decrease in domestic sales, selling 52 units in May 2024 compared to 57 units in May 2023. Consequently, the market share dropped by 0.01%.

Overall, the domestic tractor sales report for May 2024 shows a total of 82,934 tractors sold, up from 82,640 units in May 2023, indicating a 0.36% increase in sales.

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