Irish Tractor Traders See Sales Rise 02/02/2008

Recent figures from the Republic of Ireland indicate that last year, tractor traders enjoyed sales of over 5000 new tractors. These figures of the sales of tractor traders were gathered by the Irish Farm Tractor and Machinery Trader Association, and was conducted by analysing the data if vehicle registrations. The figure represents a growing trend of tractor sales by tractor traders, and in the Republic of Ireland, these figures of tractor trader sales has been the highest in nearly 25 years. The increase in tractor trader sales holds the potential to indicate an optimistic outlook of farmers, as well as tractor traders.

Tractors sold by tractor traders are becoming purchased in such abundant numbers due to a rise in the demand for tractors in farming, agricultural and construction settings. Because many farmers are purchasing new tractors from tractor traders, this will potentially, as a consequence, lead to the sale of their old, used tractor, either through a private sale, or through a used tractor trader. This could act as a suggestion that the increasing level of sales for tractor traders is potentially sustainable.

As with the British market, the Republic of Ireland sees its market dominated by 22 per cent in 2006 by sales of John Deere tractors by tractor traders. Other leading tractor manufacturers, New Holland, and Massey Ferguson appeared in the tractor trader sales chart as second and third respectively.

Tractor sales through tractor traders appear to be on the increase as a result of their rising requirement in completion of agricultural tasks and construction roles. The rise in the popularity of bio-fuel has meant that tractors are required to assist in the farming of the corn and other grains which supplement this form of energy. With regards to construction, in countries such as India, where tractors play a large role in the completion of improvements to infrastructure and transport links, it is clear that tractor traders have the potential to exploit the growing demand for tractors.

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