The Agricultural Engineers Association has released the latest agricultural tractor registrations (over 50hp) for December and consequently 2019 as a whole.
The recent downward trend in UK registrations continued in December, with the monthly total 23 per cent lower than in the same month of 2018.
At 657 machines, the total was the lowest December figure for three years, says the association. However, strong growth in the early months of 2019 meant that total registrations for the year were two per cent higher than in 2018, at 12,333 units.
But, the association warns that the 2018 figure understated the true size of the market due to a large number of pre-registrations in late 2017, ahead of the application of the ’Mother Regulation’, and thus the figures indicate that the size of the tractor market for 2019 as a whole will have been significantly down on the previous year, particularly in the second half of the year.
The AEA says the downward trend has been apparent in the figures since the spring of 2019, when numbers are thought to have been inflated by machines being brought into the country ahead of the original Brexit date.
Across May to December, registrations were six per cent lower than in the same period of 2018.
For the final quarter of the year, the annual decline accelerated to 16 per cent, leading to registrations in this period being the lowest for the fourth quarter since 2014 and for any three-month period in nearly three years.