The Agricultural Engineer’s Association (AEA) has recently released its latest monthly registration figures for tractors over 50HP in the United Kingdom, highlighting a continued positive trend in the agricultural sector.
UK Market Finishes off with 2% Growth
In December 2023, tractor registrations recorded a notable uptick, with 693 units registered, marking a substantial 10.4% increase compared to the same period in 2022.
The broader picture of tractor registrations for the entire year 2023 is equally promising. A total of 11,816 units were registered throughout the year, reflecting a solid 2% growth compared to 2022. This consistent annual increase underscores the sustained demand for tractors over 50HP in the UK, showcasing the industry’s stability and adaptability.