December 2023 Sales Report for Escorts Kubota Tractors: 17% decrease, 4,131 tractor sales

Escorts Kubota Tractors, a key player in the agricultural machinery sector, has released its December 2023 sales report, showcasing shifts in their sales performance compared to the previous year.

A decrease of 18.6% was observed in the overall sales data for Escorts Kubota Tractors. In December 2023, the company sold 4,536 tractors overall, compared to 5,573 tractors in December 2022

Escorts Kubota sold 4,131 tractors in December 2023, compared to 4,979 tractors in December 2022. They saw a 17.0% decline in their domestic tractor sales. Simultaneously, in December 2023, Escorts Kubota sold 405 export tractors, compared to 594 tractors in 2022 December. In the export market, the brand saw a 31.8% decrease.

Domestic & Export Data- Escorts Kubota Tractor Sales Report December 2023

| Particulars | December 2023 | December 2022 | %Change ||:-----------:|:-------------:|:-------------:|:-------:|| Domestic | 4,131 | 4,979 | -17.0% || Exports | 405 | 594 | -31.8% || Total | 4,536 | 5,573 | -18.6% |

Escorts Kubota Tractor's year-to-date sales were 5.0% lower than in 2022, with 74,605 units sold overall for the brand compared to 78,525 units in 2022. There was a 2.6% decrease in Escorts Kubota Domestic Tractor Sales from 72,185 units in 2022 to 70,327 units in 2023. Escorts Kubota's year-to-date export sales were 4,278 units in 2023; in 2022, sales were 6,340 units, indicating a 32.5% decrease.

YoY % Change- December 2023

| Particulars | April - December (9M) | | ||:-----------:|:---------------------:|:------:|:--------:|| | 2023 | 2022 | % Change || Domestic | 70,327 | 72,185 | -2.6% || Exports | 4,278 | 6,340 | -32.5% || Total | 74,605 | 78,525 | -5.0% |

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