A total of 108,800 tractors were registered across Europe in the first six months of 2022, with 31,900 tractors of 37kW (50 hp) and under and 76,900 of 38kW and above.
During the whole of 2022, a total of just under 215,000 tractors were registered in Europe. The figures cover most EU markets and some non-EU countries, of which 59,300 were 38 kW (50 hp) or less, and the rest 38 kW and above.
According to Cema, 165,200 of these vehicles are classified as agricultural tractors, while the remainder is made up of a variety of vehicles that are sometimes classified as tractors and include quadricycles, side-by-sides, telehandlers or other equipment.
Interestingly, the demand for tractors and agricultural machinery in Europe remains robust, helped no doubt by strong agricultural prices, which according to the global food price index published by the United Nations Food & Agriculture Organisation (UN FAO), reached unprecedented levels earlier in the year.
Nevertheless, at the same time, farmers were also challenged with a similar unprecedented rise in prices for some key inputs, such as fuel, fertiliser and animal feed. With prices likely to remain volatile for some time, the future of farm incomes is highly uncertain.
Last Updated on 26 January 2024