The AEA report that tractor sales were showing an increase in January. The number of agricultural tractors (over 50hp) registered in the UK in January was 644 machines, an increase of nearly 30% higher than the figure for the same month last year. It is also the highest January figure since 2019.
Agricultural economist at the Association, Stephen Howarth, said, “Despite a relatively low figure in December, that means registrations over the last four months were 10% higher than a year before.
“The recent growth is perhaps an indication that the disruptions to supply chains which led to longer lead times for tractors and other machinery are starting to ease.”