Sign in to your account
Forgot / Reset Password? Click here
Not registered with Farmers Journal? Register now to read 5 Member articles for FREE
Or

To redeem your unique loyalty code from the print edition click HERE
Just one final step...
You must confirm your email address by clicking on the link we’ve sent to your email address.
You are only one short step away from reading...
Second-hand tractor imports continue to rise
Register below to read FIVE Member articles
for free per month.
Or to redeem your unique loyalty code
from the print edition click HERE
Only takes a second!
Already registered with Farmers Journal? Sign in
By registering an account you agree to our Privacy Policy and Terms of Service.

Second-hand tractor imports continue to rise

By on
The latest registration figures from the Central Statistics Office (CSO) show high numbers of imported tractors, but also a recovery in new tractor sales.
The latest registration figures from the Central Statistics Office (CSO) show high numbers of imported tractors, but also a recovery in new tractor sales.

Some 194 used tractors were imported in October, 48 more than the same month last year. This brings the total so far this year to 2,114, a 35% increase on the first 10 months of 2016.

Meanwhile, there were 93 new tractors registered in the Republic last month. This is a major jump on the mere 69 registered in October 2016, but still lags significantly behind 2015 figures. There were 1,661 new tractors registered between January and October, a 6.5% drop on the same period last year.

This means that 2017 remains an unusual year, with the number of imported used tractor registrations running significantly higher than new tractor sales. This has been the case since mid-2016, when the Brexit referendum in the UK caused the value of sterling to plunge, making used tractors from the UK cheaper to buy for Irish farmers.

Read more

Bank of England lifts interest rates for the first time in a decade

More in Machinery
Member
‘Farmers have too much machinery’
Related tags
Related Stories
2012 Vicon Wagtail in excellent condition.For more information contactNU...
With over 30 years experience, William J. Jones has been supplying high quality ...
Toyota Hilux 3.0 diesel Automatic SR premium Top spec96k kmsF.S.HMint c...
2011 MASSEY FERGUSON 5445MASSEY FERGUSON 941 LOADERVERY CLEAN TRACTOR...
2009 MASSEY FERGUSON 5455ROSSMORE FL65 LOADERDYNA 46931 HRSELECT...