Retail Tractor Sales Recorded 10% Growth in June 2022

According to FADA Research, total retail tractor sales recorded 57,340 units in June 2022 against 52,289 units in the same month the previous year, illustrating 9.66% growth. Following, we are showing a brand wise retail tractor sales report. Check out. 

FADA Retail Tractor Sales Report June 2022 

MAHINDRA & MAHINDRA LIMITED (TRACTOR) reported 13,191 units in June 2022 compared to 11,636 units in June 2021 which show a growth of 13.36% YOY in retail tractor sales. The company also gained 0.75% of its market share this month. 

MAHINDRA & MAHINDRA LIMITED (SWARAJ DIVISION), a subsidiary of Mahindra & Mahindra, also registered a growth of 14.10% in June 2022. As a result, retail tractor sales of the company recorded 9,637 units YOY and 8,446 units in June 2021. Also, the company's market share recorded a growth of 0.66%. 

TAFE LIMITED also recorded a hike in retail tractor sales in June 2022 by 14.10%. As a result, the company sold 7,389 units in June 2022 against 6,476 units in the same month of last year. As a result, Tafe limited also recorded growth in market share by 0.5%. 

SONALIKA (INTERNATIONAL TRACTORS LIMITED), an innovative tractor manufacturer, recorded a hike in tractor retail sales by 3.86%. As a result, the company sold 6,947 units in June 2022 and in June 2021, the company sales were 6,689 units. But, this time, Sonalika tractors lost their market share by 0.67%. 

ESCORTS LIMITED (AGRI MACHINERY GROUP), a purely Indian brand, registered a loss in retail tractor sales in June 2022 by 6.41%. The company sold 6060 units in June 2022against 6475 units in June 2021. Along with this, the company also lost its market share by 1.81% this month. 

JOHN DEERE INDIA PVT LTD (TRACTOR DIVISION) sales were 4,517 units in June 2022 compared to 3,839 units in June 2021 which illustrated an increase in retail tractor sales by 17.66%. As a result, the brand's market share also increased by 0.54%. 

EICHER TRACTORS, a most trendy tractor manufacturer in India, also registered a hike in tractor retail sales by 6.96% this month. The company sales were 3,289 units in June 2022, and in June 2021, the sales were 3,075 units. However, the company lost its market share by 0.14%. 

NEW HOLLAND (CNH INDUSTRIAL (INDIA) PVT LTD) also recorded a loss of 5.99% this time in tractor retail sales. The New Holland tractor sales for the month were 2,110 units and 2,243 units in June 2021. As a result, the company also recorded a loss of market share of 0.61%. 

KUBOTA AGRICULTURAL MACHINERY INDIA PVT. L.T.D. a Japanese company recorded 76.16% growth in retail tractor sales in June 2022. The company also maintained its market share by 0.93%. 

FORCE MOTORS LIMITED, A FIRODIA ENTERPRISE, earned a huge monthly profit by 116.93% in its tractor retail sales. As a result, the company sold 410 units in June 2021 as compared to 189 units. As a result, the Force tractor gain market share by 0.36% in June 2022. 

VST TILLERS & TRACTORS LIMITED, this time recorded a profit of 9.71% in June 2022. The tractor sales were 339 units in June 2022 compared to 309 units in June 2021. 

INDO FARM EQUIPMENT LIMITED is the most popular brand in the tractor industry. This time the company recorded a massive hike of 27.39% in the retail tractor sales report issued by FADA. The company also maintained its market share by 0.08% in June 2022. 

CAPTAIN TRACTORS PVT. LTD. sold 199 units in June 2022, and in June 2021, the company sold 188 units. As a result, the company gained 5.85% in the retail tractor sales report. On the other hand, the company lost its market share by 0.01%. 

As per FADA, tractor retail sales of others recorded a loss of 8.60% in June 2022. The tractor sold 1,541 units as compared to 1,686 units in June 2021. As a result, the market share in June 2022 also decreased by 0.53%. 

Tractor Junction also Offer a Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report.

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