Retail Tractor Sales March 2023 - Recorded Growth by 3.83%, Sold 81,067 Tractors

According to FADA Research, total retail tractor sales recorded 81067 units in March 2023 against 78070 units in the same month the previous year, illustrating 3.83% growth. Following, we are showing a brand wise retail tractor sales report. Have a look. 

Retail Tractor Sales March 2023

Mahindra Tractor gained its market share by 3.87%. The company registered the highest ever sales by 26.11%. The sales were 17,773 units in March 2023 and 14,093 units in March 2022. 

Swaraj Tractor released retail tractor sales for March 2023, which shows a hike in tractor sales data by 30.66%. The company sold 14,100 units in March 2023, and in March 2022, the sales were 10,791 units. Accordingly, the company also registered a hike in market share by 3.57%. 

Sonalika Tractor retail sales for March 2023 were 9,870 units as against 9,293 units in March 2022, showing a growth of 6.20%.

In March 2023, Escorts retail sales were 9,009 units, and in March 2022, sales were 6,577 units. This shows a gain in Escorts tractor retail sales report by 36.97%. But their market share decreased by 2.69% in March 2023. 

TAFE LIMITED also recorded a hike in retail tractor sales in March 2023 by 12.55%. As a result, the company sold 8,936 units in March 2023 against 7,939 units in the same month of last year. As a result, Tafe limited also recorded growth in market share by 0.85%. 

John Deere Tractor also recorded a hike by 22.74% this time in tractor retail sales. The John Deere tractor sales for the month were 6,816 units and 5,553 units in March 2022. As a result, the company also recorded a gain in market share of 1.30%. 

Eicher tractor sales faced a loss of 10.17% in March 2023 with sales of 5,129 units against 5710 units in the same month in 2022. However, the company's domestic market share decreased from 6.33% to 7.31%.

New Holland Tractor sales grew by approximately 34.75% in March 2023, with sales of 3346 units against 2483 units in March 2022. However, the company's domestic market share increased by 0.95%.

Kubota Tractor registered exceptional growth in retail tractor sales in March 2023 by 0.77%. But, they lost their market share of 0.07% this month. 

VST Tractor sold 426 units in March 2023, and in March 2022, the company sold 570 units. As a result, the company lost 25.26% in the retail tractor sales report. On the other hand, the company lost its market share by 0.20%. 

Force Tractors Ltd retail sales for March 2023 were 390 units as against 489 units in March 2022, showing a decline in tractor sales by 20.24%.

Indo Farm Tractor retail sales for March 2023 were 332 units as against 457 units in March 2022, showing a degrowth of 27.35%.

Preet Tractor noted 309 unit sales in March 2023 and 473 units in March 2023. This data shows a loss of 34.67% in March 2023. The company also lost market share by 0.23% in the same month. 

Other organisations cumulatively sold 2676 units in March 2023 and in previous year same month, the sales were 11,702 units. The data shows a loss by 77.13%. 

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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