Tractors Industry in Pakistan

Total tractor sales in Pakistan for year 2020 remained 39,272 units (domestic + export). Pakistan’s top tractor manufacturer, Millat Tractor Limited sold 27,007 tractors. After Millat it comes Al-Ghazi Tractors Limited which sold only 12,147 units till Nov-2020. Tractor industry is in decline at -5% vs same period last year (2019).

Tractor Market Share FY2020

Millat is securing the 1st place since more than 10 years with Market share of 68.7% and Al-Ghazi is at 2nd number with 30.9% share. Bull power / Orient Tractor has only 0.3% share. Tractor brands other than these including imported tractors have less than 2% MS.

Check Also: Top 5 Tractor Brands in Pakistan

tractor sales in pakistan 2020

Tractor Sales Volume in Pakistan 2020

MTL = Millat Tractors Limited, AGTL = Al Ghazi Tractors Limited. Month wise tractor sales volume and companies market share in year 2020 is as below table.

Month 2020 MTL AGTL Bull Power Total
Jan 1309 878 22 2209
Feb 2020 1101 15 3136
Mar 2054 862 7 2923
Apr 1006 1029 14 2049
May 1711 138 2 1851
Jun 3378 1925 11 5314
Jul 2205 1401 7 3613
Aug 2205 633 6 2844
Sep 2815 1441 16 4272
Oct 3007 1475 10 4492
Nov 2325 920 6 3251
Dec 2972 344 2 3318
Total 27007 12147 118 39272
Market Share 68.7% 30.9% 0.3%

You may also check tractor sales in Pakistan for year 2018 and 2019.

Check Also: All tractor company Prices in Pakistan

Above data is of only local tractor manufacturing companies. Some tractor brands are imported and sold in Pakistan have also minor contribution in sales. Belarus and YTO tractors have also their small share in total nationwide sales beside Euro Ford tractors.

Millat & AL-Ghazi Tractors are manufacturing Massey Ferguson and New Holland tractors brands respectively. Tractor sales in Pakistan has prominently dropped since last 2 years due to multiple factors. Government of Pakistan has also announced sales tax subsidy scheme in November 2020 but it did not benefit the sales volume and customer as well.

Source: PAMA

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