Sarkari Yojana News Tractor News Agriculture News Agriculture Machinery News Weather News Agri Business News Social News Success Stories News

Retail Tractor Sales Declined by 31.72% in August 2022; Sold 49,305 Units

Retail Tractor Sales Declined by 31.72% in August 2022; Sold 49,305 Units
Posted - September 12, 2022 Share Post

FADA tractor sales released total retail sales by selling 49,305 units in August 2022 as against 72,208 units sold in August 2021. This data clearly shows a decline in retail tractor sales by 31.72%. 

New Holland Tractor

Brand-wise Retail Tractor Sales in August 2022

Mahindra tractor sold 11,605 units in August and decreased its sales by 27.11% as compared to last year, where the company sold 15921 units. But somehow, Mahindra tractor market share increased by 1.49%. 

Swaraj tractor also faced a loss in August 2022 by recording 29.58% sales, as it sold 8135 units, whereas the company sold 11552 units in August 2021. But the company registered its market share, which increased by 0.5%. 

TAFE limited sales decreased by 25.26% in August 2022, as it sold 6447 units against last year, where the company sold 8626 units. But in August 2022, the company maintained its market share by 1.13%. 

Sonalika tractor sold 5709 units in August 2022, while it sold 8252 units in August 2021, which is clearly decreasing by 30.81% in August 2022. But the company increased its market share by 0.15%. 

Escorts Group faced a huge loss in August 2022 of 35.13% by selling 4882 units against last year, where it sold 7526 units. But somehow, the Escorts group increased its market share by 0.52%. 

John Deere tractor sold its 2740 units in August 2022, which resulted in a decline of 31.46% as compared to the previous year same month where the company sold 5457 units. Despite of, the company hiked its market share by 0.03%

Eicher tractor sales dropped by 36.92% as it sold 2713 units in August 2022 and 4301 units in August 2021.  As a result, the company lost its market share by 0.46%. 

New Holland tractor company registered its sales, which declined by 31.25% compared to last year. In the same month, the company hiked its market shares by 0.02%.

Kubota tractor retail sales declined by 19.42% by selling 1340 units in August 2022, while in August 2021, it sold 1663 units. But the company increased its market share by 0.42%. 

Force tractor retail sales also dropped by 31.86% by selling 278 units in August 2022, while the company sold 408 units in August 2021. As well as, the company also lost its market share by 0.01%. 

VST Tillers & Tractor retail sales recorded a massive loss of 68.38%. Along with the company also lost its market share by 0.89% in August 2022. 

Indo Farm tractor retail sales increased by 9.12% by selling 311 units in August 2022, while the company sold 285 units in August 2021. As well as, the company recorded a hike in its market share by 0.24%. 

Captain tractor sales dropped by 82.71% as it sold 283 units in August 2022 against August 2021, where the company sold 1637 units. As a result, the company lost its market share by 1.70%.

Apart from all these brands, other tractor brands sales decreased this year by 39.60% as it sold 1557 units in August 2022, while in August 2021, these other brands sold 1637 units. As a result, these tractor brands lost their market share by 0.41%. 

To keep you updated every month, TractorGuru publishes monthly wholesale & retail sales reports of every tractor company, including Same Deutz Fahr Tractor and Farmtrac Tractor, state-wise, district-wise, and HP-wise. You can also contact us for more detailed information.

To know more about all the updates related to the tractor industry, subscribe our YouTube channel - https://bit.ly/3yjB9Pm

Website - TractorGuru.in
Instagram - https://bit.ly/3wcqzqM
FaceBook - https://bit.ly/3KUyG0y

Quick Links

Popular Tractor Brands

Most Searched Tractors