FTMTA Statistics Service Report for June 2024

The latest FTMTA Statistics Service Report for June 2024 shows a reduced level of activity in the farm machinery sector in Ireland with new tractor registrations continuing in a downward trend. The numbers of imported used tractors and machines, registered for the first time in Ireland, decreased compared with the same month of June 2023.

Tractors

The June 2024 new tractor market at 60 units was 8% lower compared with the same month in 2023. There were 1,290 new tractors registered in the year-to-date, a 11% decline compared with the first six months of 2023.

County Cork continues to deliver the highest number of new tractor registrations at 179 units for the year-to-date, while Tipperary is ranked in second place with 119 units followed by Limerick third place at 76 units. The most popular power band was the 101 to 120hp category, which for June 2024 accounted for 21.67% of all new tractor registrations for the month. Tractors in the power band lower than 100hp accounted for 25% of all new tractor registrations, slightly higher than for the same month in 2023. The over 200hp category now accounts for 14.9% of all new tractors. The monthly average tractor horsepower figure for June 2024 was lower at 122hp. The FTMTA data shows that 202 imported used tractors were first-time registered in Ireland in June 2024, 7 units less than in June 2023. For the year to date, 1,439 used tractors were imported and registered for the first time, a 12% decline.

Telescopic Loaders

The Irish market for new telescopic loaders reported a significant decrease of 46% in June 2024 at 14 units compared with June 2023 when 26 units were registered. The year-to-date market shows a 1.32% increase in registrations. The two leading brands JCB and Manitou account for 70% of the total new market, while Kramer is ranked third with a healthy 13% market share. There were 29 imported used telescopic loaders registered in June 2024.

Wheeled Loaders

The Irish wheeled loader market recorded a lower number of new registrations in June 2024 at 5 units, compared with June 2023, while the year-to-date market decreased by 14%. The position of the smaller Chinese manufactured machines at the lower price and power end of the market again declined marginally to 52% of the total year-to-date new wheeled loader registrations in Ireland. There were 4 imported used wheeled loaders registered in June 2024.

Backhoe Loaders

There were no new backhoe loaders registered in June 2024 compared with June 2023 when 4 new machines were registered, which converted to an 11% year-to-date decrease. There were 5 used backhoe loaders registered in June 2024 in Ireland.

New & Used Tractor Registrations by Month Ireland June 2024 – FTMTA

Month	New Tractors Registrations	Month	Used Tractor Registrations
January	431	January	202
February	231	February	225
March	216	March	245
April	191	April	263
May	161	May	302
June	60	June	202
July		July
August		August
September		September
October		October
November		November
December		December
Total	1290	Total	1439