Turk Traktor October sales / negative Turk Tractor’s domestic sales continued its plunge in October. The Company’s October tractor sales in the domestic market were down by a massive 81% YoY. A in demand amid volatile macro environment and surging tractor prices on higher costs and market share losses to aggressive importers are leading to a nosedive in Turk Traktor’s local sales. We do not see any hope of recovery in sales for the rest of the year and early next year. The only good news is that exports are relatively stronger this year and gaining further segment in the last two months. October export volume was up by 43%, bringing the cumulative increase in 10M18 to 14%.
Turk Traktor sold 668 tractors in Turkey in October, indicating a plunge of 81%. On a cumulative basis, the Company’s domestic sales were down by 48% YoY in 1018. Volatile macro environment and sharp increase in prices are leading to fall in farmers’ tractor demand. Additionally, aggressive sales of importers to deplete their stocks are bringing market share losses to Turk Traktor.
The Company exported 1466 tractors in October, generating a YoY increase of 43%. On a cumulative basis; the Company exported 11,788 tractors in 10M18, showing an increase of 14% compared to the same period of last year.
Türk Traktör Ekim ayı satışları / negatif Türk Traktör Ekim ayı satış rakamlarını açıkladı. Şirket Ekim ayında yurtiçinde %81 yıllık bazda düşüşle 668 adet traktör sattı. Kümülatif bazda ilk on aydaki yıllık düşüş ise %48’e ulaştı. Türk Traktör’ün ihracat adetleri ise Ekim ayında artmaya devam etti ve yıllık bazda %43 yükselişle 668 adet traktör ihraç edildi. Yılın ilk on ayında ise ihracattaki artış yıllık bazda %14’e ulaştı.
