SAAMA Press release – June 2023

Month – June
Percentage change
Year-to-date
Percentage change
2023
2022
2023
2022
Tractors
930
824
12.9
4 055
4 130
-1.8
Combine Harvesters
64
50
28.0
327
213
53.5

June tractor sales of 930 units were almost 13% more than the 824 units sold in June last year.   On a year-to-date basis tractor sales are now approximately 2% down on last year.   Sixty-four combine harvesters were sold in June, fourteen units more than the 50 units sold in June last year.   On a year-to-date basis combine harvester sales are now approximately 53% more than last year.

Although May tractor sales were lower than expected, June sales were good.   Farmers are still showing caution, watching their crop yields and quality as they finalise their harvesting.   The recent weakening of the rand has had the effect of some farmers bringing forward their buying decisions as they hope to buy up older, cheaper priced, stock.   Forecasts for tractor sales for the 2023 calendar year are that they will be between 10 and 15% down on last year.

Combine harvester sales are still very buoyant and it is likely that sales for the 2023 calendar year will be between 10 and 20% up on last year.

Tallie Giessing
Chairman: South African Agricultural Machinery Association

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