{"id":1333484,"date":"2024-06-20T11:00:00","date_gmt":"2024-06-20T10:00:00","guid":{"rendered":"https:\/\/www.agriland.ie\/?p=1333484"},"modified":"2024-06-20T10:43:30","modified_gmt":"2024-06-20T09:43:30","slug":"registration-of-new-tractors-down-23-year-on-year","status":"publish","type":"post","link":"https:\/\/lightsail.agriland.ie\/farming-news\/registration-of-new-tractors-down-23-year-on-year\/","title":{"rendered":"Registration of new tractors down 23% year-on-year"},"content":{"rendered":"\n
Registrations of new tractors were 23% lower in May compared to the same month of 2023, according to statistics from the Farm Tractor and Machinery Trade Association (FTMTA).<\/p>\n\n\n\n
161 new units were registered in May, while 1,230 were registered in the year to date (up to the end of May) which is a decrease of 11% on the first five months of last year.<\/p>\n\n\n\n
The latest FTMTA Statistics Service Report for May 2024 shows a reduced level of activity in the farm machinery sector in Ireland with new tractor registrations continuing in a downward trend.<\/p>\n\n\n\n
The number of imported used tractors and machines registered in Ireland for the first time decreased compared with the same month in 2023.<\/p>\n\n\n\n
Co. Cork continues to see the highest numbers of new tractor registrations at 174 units of new tractors for the year to date, while Co. Tipperary is ranked second-highest with 117 units, followed by Limerick with 73.<\/p>\n\n\n\n
The most popular power band of tractors registered in May was in the 200hp category, which accounted for 29.8% of new tractor registrations in the month. Tractors below 100hp accounted for 9.9% of new registrations, while tractors above 200hp accounted for 14.9% of all new tractors.<\/p>\n\n\n\n
The monthly average horsepower figure last month was 155hp.<\/p>\n\n\n\n
302 imported used tractors were first-time registered in Ireland last month, 30 units less than in May 2023. For the year to date, 1,237 used tractors were imported and registered for the first time, a 13.1% decline on the same period for last year.<\/p>\n\n\n\n