Following the recent 2023 Tractor and Machinery Association of Australia annual conference, Melinda Haley, Senior Manager Kynetec, shares key takeaways from her presentation on the Australian tractor, combine and baler market.
Sales of new tractors from January through June 2023 are down 15% and 17% respectively in the <60hp and +60hp categories compared to the same period in 2022. In our 2022 review there is mention that dealers should look to a robust servicing schedule of existing machines, a suggestion that holds true a year later.
Baler sales are down 32% through the rolling 12 months to June 2023. Sales of combines are up an impressive 78% over the 6-month period January-June 2023, with sales increases seen in all states other than NSW.