Thefinal count of registrations for road use of agricultural tractors (over 50hp)in the UK for 2013 was 12,498 units which represents a decrease of 10.4% on the2012 level, reports the Agricultural Engineers Association (AEA).
The average size of unit sold in 2013 is provisionally put at 150.4 hp whichwas 1.6% above the preceding year. Accordingly the total power sold fell 9% tojust below 1.9 million horsepower.
As had been expected,the early months saw lower levels of registrations as the comparison was madewith artificially buoyant conditions seen in early 2012 but as the yearprogressed the market stabilised and the last 4 months of the year all sawrises over the equivalent months in 2012.
Since theyear 2000 tractor unit registrations have varied between a low of just over10,000 units and a high of over 17,000 and last years figure was some nine per cent belowthe average level. However, in terms of total power sold, this was some three per centabove the average due to the continual rise in average power.
Farming has experienced some tough times over the past couple of years,largely due to unfavourable weather conditions, says the AEA, but adds that there is the prospect of asomewhat better year ahead for most agricultural sectors. Accordingly thetrade is currently of the view that sales of tractors may be expected toincrease modestly in 2014.
For thosefarmers contemplating further investment there remains the attraction of theenhanced Annual Investment Allowances which were introduced for a limited twoyear period expiring at the end of this calendar year; this opportunity mayencourage interest over the next few months, it adds.