SAAMA Press Release – October 2021

October 2021: TRACTOR and COMBINE HARVESTER SALES

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

Month - OctoberPercentage Change %Year-to-date - OctoberPercentage Change %
2021202020212020
Tractors8568253.86238498025.3
Combine Harvesters452673.124217836.0

October tractor sales of 856 units were almost 4% more than the 825 units sold in October last year.   Year-to-date tractor sales are now approximately 25% up on last year.   Combine harvester sales of 45 units were19 units more than the 26 units sold in October last year.   On a year-to-date basis combine harvester sales are now 36% up on last year.

Market sentiment continues to be positive and commodity prices are holding up.   Winter crop prospects are still very encouraging.   However, input costs have become a concern for farmers going into the summer planting season.   This, together with the longer lead times which most companies are facing is holding sales back a little.   Industry forecasts for the remainder of the year indicate that tractor sales for the 2021 calendar could be 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