Agrievolution World Tractor Market Report for the Q3 of the Year 2021!
Agrievolution, a worldwide umbrella organization for national agriculture machinery manufacturer associations, has just published its world tractor market report for the 3rd quarter of the year 2021.
The report shows there have been different trends for tractor sales in different parts of the world. Agrievolution is constituted of 14 national associations representing Argentina, the USA, Germany, France, Italy, the United Kingdom, Spain, European Union, Turkey, Russia, Iran, India, China, South Korea, and Japan. It regularly publishes statistical reports on the agri-machinery industry based on data provided by its member associations regarding their relevant countries, the world tractor market report being one of them.
The latest report released for the third quarter of 2021 shows that tractor markets in Japan, Canada, and South Korea have improved noteworthily as well as the USA and Turkey year-on-year. Despite the low volume in the overall Western European market, tractor sales in India have experienced a significant decrease as against last year. While in Canada and Japan the upward trend for over 30 hp tractor sales continues, the market tendency for the same group in Russia has shown a downslope. In addition, the report shows the largest contraction in the EU market occurs in Spain and Germany.
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