January 13, 2022
Nearly 360,000 total tractors and combines left dealer lots in 2021 in North America. The latest data from the Association of Equipment Manufacturers shows U.S. and Canadian unit sales of ag tractors and combines finished 2021 with gains of more than 10% in nearly every segment in both countries.
U.S. total farm tractor sales gained 0.3% for the month of December compared to 2020, while U.S. self-propelled combine sales for the month saw a gain of 25.3%. Those gains contributed to a total gain for the year of 10.3% for tractors, and 24.7% for combine harvesters. For the year, the only segment in either the U.S. or Canada that gained less than 10% was sub-40hp tractors in the U.S., growing 8.9%. The overall growth leader for tractors in the U.S. were 100+hp 2WD tractors, growing 24.1%, followed by articulated 4WD tractors, up 18.3%. A total of 317,897 tractors and 6,272 combine harvesters found new homes in the U.S. in 2021.
In Canada, sales of tractors for the month of December grew 10.5%, while combines fell 17.6% year-over-year. However, total sales for 2021 were up 19.4% for tractors, and up 23.1% for combines. The slowest-selling segment in Canada, the 40-100hp 2WD range of tractors, grew an impressive 14.4% for the year, while the leading segment, 100+hp 2WD units grew 33.6%, followed closely by articulated 4WD units up 32.7%. A total of 33,463 tractors and 1,786 combine harvesters were sold in Canada in 2021.
“Seeing gains in the double digits across North America year-over-year for both tractors and combines is great for equipment manufacturers,” said Curt Blades, senior vice president, industry sectors & product leadership at the Association of Equipment Manufacturers. “Sales gains over an already-successful 2020 came despite the supply chain issues and workforce challenges that made 2021 a challenging year for manufacturers. Our industry is working hard to navigate these supply chain challenges to deliver equipment and parts to farmers as they approach the 2022 growing season.”
View the full reports for the United States and Canada.
Source: AEM, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.
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