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Tractor market development characteristics

     For a long time, the market competition is very intense. In order to sell their products, the tractor companies in various countries have set up the product sales network in other countries. At present, the government in order to protect the interests of agricultural users, the tractor and agricultural machinery products sales and technical services to establish a set of perfect system, in order to ensure the healthy development of agricultural machinery market.

     According to the preliminary analysis of the sales of agricultural tractors in China in recent years, the development of the market can be seen as the following characteristics:

     In recent years, the sale of tractors to update the main. In the late 1980s, tractor ownership reached highest, 1989 770400 and subsequent retains the quantity reduced year by year, to 1996 retains the quantity is reduced to 711335, 2002 the tractor to maintain volume growing again 732600, compared to the same period growth 2.99%, and in the year of the 1996--2002 cumulative sales Tractor 104000, but ownership increased by only, 21265. And Taiwan;

     Domestic production can not meet the market demand, a large number of imported tractors every year. As mentioned above, the 50 horsepower below the small and medium tractors almost all need to import. Imported tractors for technical quality requirements are higher, high power models generally imported from the United States, the following 29.4kW products are mainly imported from japan.

     Imports more than exports, the tractor market, this feature has not changed a few decades. In the 80's, the largest number of imported tractors reached more than 93000 units, with the saturation of the market, the import volume of tractors also decreased year by year, and in the last 5 years, it was maintained at 2.5 to 29000 units. Exports of agricultural tractors in the 1980s up to the year for 29000 (1989), the current exports maintained at between Taiwan and 23008200;

     Two wheel drive to occupy the dominant position in the market, which is the following 29.4kW and 73.5kw above the product sales are increasing trend.

     In recent years, the market sales of the two drive tractor type between its total sales accounted for the 93%96%, such as 1999 sales of two wheeled drive tractor type accounted for 93% of the total sales volume, to 2004, the proportion of up to 96%. Sales of two wheel drive tractors, 29.4kW and 73.5kW of the total sales accounted for 27% and 39% of the total sales volume from 1999 to 13% and 20% in 2004.
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