SAAMA Press Release – November 2023


                             2023       2022          %             2023      2022         %

Tractors                685           703             -2.6          7 843        8 446        -7.1

Combines              34              23            47.8             474            347       36.6

November tractor sales of 685 units were approximately 3% less than the 703 units sold in November last year.   On a year-to-date basis tractor sales are now approximately 7% down on last year.   Thirty-four combine harvesters were sold in November, eleven more than the 23 units sold in November last year.   On a year-to-date basis combine harvester sales are now almost 37% more than last year.

Despite the rainfall pattern in the east of the country being quite patchy, most farmers have now planted their summer crops.   There is still time in the western areas of the country for summer crop plantings and farmers will be busy planting up until Christmas-time.   The market for agricultural machinery, particularly tractors, has not fallen as much as was initially expected.   Circumstances have meant that older equipment could be replaced and this has stabilised the market.   As we move into 2024, it is inevitable that the sales will turn down further and that the market will become even more competitive.

Tractor sales for the 2023 calendar year will be approximately 10% down on last year and combine harvester sales will now be approximately 30% 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