Domestic Tractor Sales Report May 2024: Sales Increase By 0.36%, 82934 Units Sold

In May 2024, Domestic Tractor Sales in India increased by 0.36%. The brands sold 82934 tractors in May 2024, in comparison to 82640 tractors sold during May 2023. Check out the complete brand wise Tractor Sales Report of May 2024. 

Domestic Tractor Sales Report May 2024 - Brand Wise

India’s leading tractor manufacturer, Mahindra Tractor achieved the figure in May 2024 by selling 35237 tractors. This reflected a hike of 6.41%, when compared to May 2023, sold 33113 tractors. Also, Mahindra gained 2.42% of market share during this period. 

TAFE domestic tractor sales in May 2024 reached 14284, reflecting a 13.70% decline from the previous year when they sold 16551 tractors in May 2023. Additionally, TAFE’s market share saw a drop of 2.80% 

Sonalika International sold 11131 tractors in May 2024, a significant increase from the 10577 tractors sold in May 2023, showcasing a 5.24% increase in sales. Besides this, the data highlights a 0.62% increase in the brand's market share.

In May 2024, Escorts sold 8232 tractors, which decreased by 5.42%, when compared to the tractor sales in May 2023, which was 8704 tractors. Besides, the brand experienced a drop in its market share by 0.61%

In May 2024, John Deere sold 7210 tractors, marking a 9.39% rise when compared to the sold 6591 units of tractor in May 2023. Moreover, the brand's market share saw an upward trend by 0.72%.

In May 2024, New Holland sold 3445 tractors, a 9.50% raise compared to the previous year, which was 3146 units of tractors. Also, the brand's market share saw a positive growth of 0.35%. 

May 2024 saw Kubota tractor sales at 1664 units, showing a substantial decline of 2.40% compared to May 2023 which was 1705 units of tractors. Also, the company's market share also declined by 0.06%.

Captain Tractor sold 449 tractors in May 2024, marking a significant 5.87% decline in sales compared to May 2023 which was 477 tractors. Moreover, the brand experienced a minimal 0.04% drop in market share.

Preet domestic tractor sales saw a significant decrease of 32.35%, with 391 tractors sold in May 2024. The Preet domestic tractor sales were 578 units in May 2023. The report also highlights a minor downward trend by 0.23% in market share.

In May 2024, Indo Farm tractors experienced a 36.08% decrease in domestic tractor sales, with 372 tractors sold as against 582 units of tractors sold in May 2023. The company lost its market share by 0.26% in this month. 

VST domestic sales report for May 2024 presents 336 tractors sold, resulting in a 3.38 increase in sales, compared to 325 tractors sold in May 2023. Also, there is a 0.01% hike in its market share. 

ACE tractor domestic sales majorly declined by 44.02% with 131 tractors sold in May 2024, when compared to 234 tractors sold in May 2023. Moreover, the market share of ACE tractors saw a drop by 0.13%. 

SDF tractor domestic sales in May 2024 observed a 8.77% decline as it sold 52 units in May 2024 against May 2023 which was 57 tractors. As a result, the market share decreased by 0.01%.

The overall domestic tractor sales report of May 2024 depicts 82934 tractors sold compared to 82640 tractors sold in May 2023. This led to 0.36% increase in domestic tractor sales in May 2024. For more updates related to tractor sales reports, stay tuned with Tractor Junction. 

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