AEM Announces Successful 2021 for Agricultural Equipment Sales

0

Nearly 360,000 tractors and combines left dealer lots in 2021 in North America, the Association of Equipment Manufacturers (AEM) reported over the weekend. Unit sales of tractors and combines in the United States and Canada ended 2021 with gains of more than 10% in almost all segments in both countries.

Total U.S. farm tractor sales rose 0.3% in December from 2020, while U.S. self-propelled combine sales rose 25.3%. This was enough for a total gain in 2021 of 10.3% for tractors and 24.7% for combines.

The only segment in the United States or Canada that gained less than 10% was tractors under 40 horsepower, which rose 8.9% in the United States.

The overall growth leader in the United States for tractors was 2WD tractors over 100 horsepower, up 24.1%, followed by articulated 4WD tractors up 18.3%. A total of 317,897 tractors and 6,272 combines found new homes in the United States.

In Canada, tractor sales in December rose 10.5%, while combines fell 17.6% year-over-year. However, total sales for 2021 increased by 19.4% for tractors and 23.1% for combines.

Canada’s slowest-selling 2021 segment – ​​the 40-100 horsepower 2WD tractor line – still grew by 14.4%.

The main segment – 2WD units over 100 horsepower – increased 33.6%, followed by articulated 4WD units up 32.7%. A total of 33,463 tractors and 1,786 combines were sold in Canada in 2021.

“Seeing double-digit gains across North America year-over-year for tractors and combines is great for equipment manufacturers,” said Curt Blades, senior vice president AEM , industry sectors and product leadership. “The sales gains over an already successful 2020 came despite supply chain issues and labor challenges that made 2021 a tough year for manufacturers. Our industry is working hard to address these supply chain challenges in order to deliver equipment and parts to farmers as we approach the 2022 growing season.”

Full reports can be found in the Market Data section of the AEM website under Agricultural Tractor and Combine Reports:

United States: https://www.aem.org/market-data/statistics/us-ag-tractor-and-combine-reports/

Canada: https://www.aem.org/market-data/statistics/canadian-ag-tractor-combine-reports/


Click here for more industry news.

Share.

Comments are closed.