SAAMA Press release – February 2023

Month – February
Percentage change
Percentage change
2023
   2022
2023
     2022
Tractors
781
   795
   -1.8%
1 256
   1 354
   -7.2%
Combine Harvesters
39
   19
   105.3%
55
   23
   139.1%

 

February tractor sales of 781 units were marginally (1.8%) less than the 795 units sold in February last year.   On a year-to-date basis tractor sales are now approximately 7% down on last year.   Thirty-nine combine harvesters were sold in February, 20 units more than the 19 units sold in February last year.   On a year-to-date basis combine harvester sales are now almost 140% more than last year.

Farmers have adopted an attitude of cautious optimism.   With the dry January and wet February conditions, there is uncertainty about what ultimate yields may be.   It will only be at harvest time that crop yields and quality will be known.   Nevertheless, expectations are that, while 2023 tractor sales may not reach the levels experienced in 2022, they should be at least of the order of the 2021 sales, that is between 7 500 and 8 000 units.

Tallie Giessing
Chairman: South African Agricultural Machinery Association

Contact: Tallie Giessing (082) 874-0449 or Dr. Jim Rankin (011) 453-7249