SAAMA Press Release – September 2016
September 2016: Tractor and Combine Harvester Sales
Retail sales of agricultural equipment during September 2016 were as follows:
|Equipment Category||Unit Sales||Percentage change, %||Unit Sales||Percentage change, %|
|September – Month||September – Year-to-date|
|Tractors||623||637||-2.2||4 486||5 199||-13.7|
September tractor sales of 623 units were marginally (2%) down on the 637 units sold in September last year. On a year-to-date basis tractor sales are approximately 14% down on those for the same period last year. September combine harvester sales of 14 units were 26% down on the 19 units sold in September last year. On a year-to-date basis combine harvester sales are approximately 16% down on last year.
Fundamentals underpinning the market have not changed much in the last month. In regard to rainfall prospects, with the El Niño effect having given way to a weak La Niña effect, the country is in a better situation in terms of prospects for the forthcoming summer cropping season than it was twelve months ago. However, general rain is required over all the summer cropping regions, with some of the areas, particularly those in the east, requiring rain within the next three weeks.
Industry expectations for 2016 have not changed recently and expectations are still that overall tractor sales will be down on last year, perhaps by between 15 to 20%.
Chairman: South African Agricultural Machinery Association
Contact: Mr. Lucas Groenewald (082) 804-8463 or Dr. Jim Rankin (011) 453-7249