Farming News - May tractor registrations up 16% above previous year
May tractor registrations up 16% above previous year
Month: 1283 Units +16.3% change (compared with May 2021)
Year to Date: 5482 Units +2.1% change (compared with January-May 2021)
For the second month in a row, UK agricultural tractor registrations (over 50hp) were comfortably above last year's level in May. At 1,283 machines, the monthly figure was 16% higher than in May 2021 and, indeed, was the highest May total since 2012.
The return to growth comes despite ongoing supply chain disruption, dating back to last summer, which has led to extended lead times, a situation which has not been helped by the war in Ukraine.
Nevertheless, the underlying strength of the market means that registrations for the year to date are now slightly above their level in the opening five months of 2021, at 5,482 machines.