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UK Agricultural Tractor Registrations – November 2024

Month:                       408 Units      -1.4% change (compared with November 2023)
Year to Date:             9,450 Units   -15.0% change (compared with January-November 2023)

The number of agricultural tractors registered in November was the lowest for any month since December 2000. However, it is worth noting that the monthly total of 408 machines was only 1% lower than in the same month last year, the smallest year-on-year fall so far in 2024. With the market typically quiet at this time of year and with demand already subdued, it’s too early to say with any certainty whether the Budget and subsequent farmer protests had a role in suppressing tractor sales during the month. The total number of tractors registered so far this year is 15% lower than in the same period of 2023. Unless there is an unlikely pick-up in demand in the final month of the year, the annual total will probably be the smallest since the late 1990s, although only slightly lower than in a number of intervening years.

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