Published - 01 May 2023 by Tractor Junction
Escorts Kubota Limited Agri Machinery business declared April 2023 sales report. The popular tractor brand sold 7,565 tractors as against 8,325 tractors sold in April 2022.
Domestic tractor sales in April 2023 were at 7,252 tractors as against 7,676 tractors sold in April 2022. Festive preponement impacted sales in April. Due to the preponement of the key festive season, this time to March 2023 as against April last year, combined with unseasonal rains, impacted sales for the month.
The Escorts Kubota export tractor sales in April 2023 were at 313 tractors as against 649 tractors in April 2022. The brand saw a decline of 51.8% in the export market.
Particulars | April 2023 | April 2022 | % Change |
---|---|---|---|
Domestic | 7,252 | 7,676 | -5.5% |
Export | 313 | 649 | -51.8% |
Total | 7,565 | 8,325 | -9.1% |
Going forward, due to positive macroeconomic factors on account of good rabi harvest, improved crop prices and adequate water reservoir levels, Escorts Kubota Ltd. expects demand momentum to improve across geographies for the quarter.
Stay tuned for updates on Escorts Kubota's monthly tractor sales report for 2023.
Tractor Junction also Offer a Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report.
Subscribe our Telegram Channel for Industry Updates- https://t.me/TJUNC
Follow us for Latest Tractor Industry Updates-
LinkedIn - https://bit.ly/TJLinkedIN
FaceBook - https://bit.ly/TJFacebok