September Export Surge May Point to More Sustainable Recovery in Tractor and Farm Equipment!
The industry appeared to be gathering pace in September as exports rose the most this year, adding to hopes for a more sustained recovery in Turkey. According to the foreign trade data of the January-September period, exports in 2020 fall by 4.1 percent compared to 2019 and reached a level of 735 million USD. However, in this period tractor exports decreased, equipment exports increased.
COVID-19 Unfavourably Impacted Tractor Registrations in the First Half of 2020!
According to figures from national authorities 89,105 tractors were registered in Europe in the first six months of 2020. Of the registered tractors, 23,556 units were 37 kW (50 hp) and below, 65,549 were 38 kW and above. It is estimated that 68,831 of these vehicles are agricultural tractors, while the remainders are ATVs, telescopic handlers, and other equipment.
Ag-Machinery Business Climate Attains a Better Level Than Before COVID-19 Throughout the EU!
According to the September results of the sectoral monthly Business Barometer survey conducted by CEMA -European Agricultural Machinery Association, It is noteworthy that the business environment index (on a scale between -100 and +100), which has been improving for a while, has reached -1 points, and although it is in the negative region, the markets have reached a better level compared to the period before COVID-19.
Stage V Emission Standards for Self-Propelled Ag-Machinery Will Become Valid as of 5 January 2023!
The Stage V standards, currently in force in the EU, adopted by the EU Parliament in July 2016 and published in the Official Journal of the EU as Regulation (EU) 2016/1628 in September, which will replace the Regulation 97/68 / AT in our country, was published in the Official Gazette dated September 11, 2020.
