January tractor sales of 475 units were significantly (15%) less than the 559 units sold in January last year. Sixteen combine harvesters were sold in January, twelve units more than the four units sold in January last year.
Market sentiment is still positive. However, several factors have caused potential buyers of agricultural machinery to adopt a cautious attitude.
These are: the heatwave and lack of rainfall in most summer-cropping areas at the beginning of January, loadshedding, particularly in irrigated cropping areas, high input costs and the recent increase in interest rates.
Despite these, expectations are that, while 2023 tractor sales may not reach the levels experienced in 2022, they should be at least of the order of the 2021 sales, that is between 7 500 and 8 000 units.
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 less than the 559 units sold in January last year. Sixteen combine harvesters){kind=link}