CEMA: DEMAND FOR TRACTORS STABLE BUT INDUSTRY BAROMETER INDICATES RECESSION
PRESS RELEASE... Stable year for tractor registrations in 2019... Demand for tractors remains stable, but industry barometer indicates recession... Brussels, 09 March 2020 Overall, some 191,587 “tractors” were registered across Europe in the full year 2019, according to numbers sourced from national authorities. Of these registrations, 43,642 vehicles were 37kW (50 hp) and under, and 147,945 were 38kW and above. CEMA considers that 154,321 of these vehicles are agricultural tractors, the rest being quads, telehandlers or other equipment. Corrections are significant (i.e. more than half of registrations) in countries such as Slovakia, Finland, Sweden, Iceland, Luxemburg, Estonia and Switzerland. An overview of the total tractor registrations can be found in the annex. Agricultural tractor registrations for the full year increased by around 5% in comparison with 2018. One should however remember that registrations in 2018 were negatively impacted by new legislation comin...