Retail Tractor Sales Register 2.33% growth in October 2024, Sold 63,334 Tractors
Table Of Content
TractorGyan brings you October 2024 retail tractor sales data. Get insights into market trends and performance during this festive period. Stay updated and ahead in the industry with our detailed analysis.
Mahindra & Mahindra Tractor Retail Sales in October 2024
Mahindra sold 14,789 tractors in Oct 2024. This is up from 14,177 tractors sold in Oct 2023. The market share increased from 22.91% in Oct 2023 to 23.35% in Oct 2024, marking a growth of 0.44%.
Swaraj Tractor Retail Sales in October 2024
Swaraj tractor sold 11,224 units in October 2024, whereas 11,065 units sold in October 2023. Despite this, their market share fell to 17.72% in Oct 2024 as compared to 17.88% in Oct 2023, reflecting a decline of 0.16% in market share.
Massey Ferguson Tractor Retail Sales in October 2024
In Oct 2024, Massey Ferguson sold 8,767 tractor units, which shows up from 8,684 units sold in Oct 2023. If we talk about the market share Massey Ferguson achieved a 14.03% market share in Oct 2023 and 13.84% in Oct 2024. This represents a decline of 0.19% in market share in October 2024.
Sonalika Tractor Retail Sales in October 2024
Sonalika sold 7,983 tractor units in October 2024, while 7,713 units sold in October 2023. Their market share was 12.46% in Oct 2023 and 12.60% in Oct 2024. It signifies a growth of 0.14% in Oct’24.
Escorts Kubota Tractor Retail Sales in October 2024
Escorts Kubota Ltd. (Farmtrac and Powertrac) reports sales of 6,043 tractors in Oct 2024. This is less than 6,267 tractors sold in Oct 2023. The market share fell from 10.13% in Oct 2023 to 9.54% in Oct 2024, i.e. a decrease of 0.58%.
John Deere Tractor Retail Sales in October 2024
John Deere company sold 5,798 tractors in Oct 2024. More than 4,507 tractors sold in Oct 2023. Meanwhile, the market share is 9.15% in Oct 2024 and 7.28% in Oct 2023. It depicts a significant increase of 1.87%.
Eicher Tractor Retail Sales in October 2024
Eicher tractor sales are 3,691 units in Oct 2024. Less than 4,268 units sold in Oct 2023. If we talk about market share, 6.90% was reported in Oct 2023 and 5.83% in Oct 2024, i.e. a decline of 1.07%.
New Holland Tractor Retail Sales in October 2024
New Holland sold 2,561 tractor units in Oct 2024, which is an increase from 2,457 tractor units sold in October 2023. Market share was 3.97% in October 2023, and 4.04% in October 2024, this shows a growth of 0.07% in market share.
Kubota Tractor Retail Sales in October 2024
Kubota sold 1,160 tractor units in Oct 2024, an increase from 1,092 tractor units in Oct 2023. Kubota achieved 1.76% market share in Oct 2023 and 1.83% in Oct 2024. It's a rise of 0.07%.
Other Brands Tractor Retail Sales in October 2024
The Others tractor brand sold 1,318 units in Oct 2024 with a 2.08% market share, as compared to Oct 2023 other tractor brands sold 1,659 units with a 2.68% market share. In market share, there is a drop of 0.60%.
Total Tractor Retail Sales from 1 to 15 Oct 2024
In Oct 2024, the overall market sold 63,334 tractors, compared to 61,889 units sold in Oct 2023.
Tractor Retail Sales YTD (April-October) 2024
Let's see YTD retail tractor sales: from April to October 2024, total retail tractor sales were 4,64,316 units, and from April to October 2023, total retail tractor sales were 5,01,180 units. From April to October 2024 tractor retail sales were 36,864 units less than last year's same period.
S. No. | Manufacturer | Apr' 24 - Oct' 24 | Apr' 23 - Oct' 23 | MS Till Oct' 24 | MS Till Oct' 23 | MS Change YTD Oct' 23 Vs Oct' 24 |
1 | Mahindra | 1,09,103 | 1,15,717 | 23.50% | 23.09% | 0.41% |
2 | Swaraj | 88,149 | 88,933 | 18.98% | 17.74% | 1.24% |
3 | Sonalika | 61,652 | 62,865 | 13.28% | 12.54% | 0.73% |
4 | Massey Ferguson | 53,848 | 64,423 | 11.60% | 12.85% | -1.26% |
5 | Escorts Kubota | 47,585 | 52,199 | 10.25% | 10.42% | -0.17% |
6 | John Deere | 37,378 | 36,515 | 8.05% | 7.29% | 0.76% |
7 | Eicher | 30,073 | 32,477 | 6.48% | 6.48% | 0.00% |
8 | New Holland | 18,657 | 20,512 | 4.02% | 4.09% | -0.07% |
9 | Kubota | 8,498 | 10,085 | 1.83% | 2.01% | -0.18% |
10 | Others | 9,373 | 17,454 | 2.02% | 3.48% | -1.46% |
Total | 4,64,316 | 5,01,180 | 100.00% | 100.00% | TRACTORGYAN |
State-wise Tractor Retail Sales from April to October 2024
In State-wise tractor retail sales from April to October 2024, Uttar Pradesh is ranked 1st with 77,562 tractors sold. Then Rajasthan ranked 2nd with 60,997 tractors sold. Madhya Pradesh ranked 3rd with 60,624 tractor sales and 42,643 tractors sold in Maharashtra, ranked 4th. Gujarat ranked 5th, with 34,823 tractor sales.
Karnataka, Chhattisgarh, Haryana, Bihar, and Punjab are ranked 6th, 7th, 8th, 9th, and 10th respectively with tractor sales as follows Karnataka: 28,632; Chhattisgarh: 24,997; Haryana: 24,947; Bihar: 19,999; and Punjab: 17,653 units. All other states' combined sales are 71,439 units.
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