Compact Tractor Sales — 2004–2015F
Based on trends over the past decade, the sale of tractors 40 horsepower and lower in 2015 are forecast to reach about 129,000 units, up 4.4% over 2014. Source: AEM
If historic trends hold, North American compact tractor sales (<40 horsepower) should finish 2015 up nearly 4.4% compared to total sales in 2014, or at about 129,000 units. This would bring annual sales to a level not seen since 2007, when, according to the Assn. of Equipment Manufacturers (AEM), the industry reached unit sales of 128,904 small tractors.
Between 2005-2014, unit sales of compacts during the first 9 months of each year (January-through-September) ranged between 79-82% of the total annual sales. Overall, an average of 80% of lower horsepower tractors were sold in the first 9 months of the year.
According to AEM, through the first 9 months of 2015, 103,555 compact tractors were retailed. With the historic average sales of 80% during the January-through-September period, another 25,450 units are projected to be sold during the last quarter of the year. Compared to the first 9 months of 2014, sales are up 4.9% for the same period of 2015.
The record for compact tractors sales in a single year came in 2004, when U.S. and Canadian dealers sold 139,368 units. That year, unit sales of compact tractors through the first 9 months of the year were 115,480, or about 83% of the yearly total.