SAAMA Press Release – August 2021

August 2021: TRACTOR and COMBINE HARVESTER SALES

 

Retail sales of agricultural equipment during August 2021 were as follows:

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Month – August Percentage Change % Year-to-date – August Percentage Change %
2021 2020 2021 2020
Tractors 724 465 55.7 4 658 3 594 29.6
Combine Harvesters 14 13 7.7 176 141 24.8

August tractor sales of 724 units were almost 56% more than the 465 units sold in August last year.   Year-to-date tractor sales are now almost 30% up on last year.   Fourteen combine harvesters were sold in August, one unit more than the thirteen units sold in August last year.   On a year-to-date basis combine harvester sales are now almost 25% up on last year.

Sentiment in the market is still very positive.   Good summer crops and good prospects for winter crops contribute to this.   However, summer-crop farmers face increased input costs for their forthcoming plantings and this might affect machinery sales.   Nevertheless, forecasts for the remainder of the year indicate that tractor sales for the 2021 calendar will be between 15 and 20% up on last year.

Karel Munnik
Chairman: South African Agricultural Machinery Association

Contact: Mr. Karel Munnik (082) 412-2577 or Dr. Jim Rankin (011) 453-7249