Escorts Kubota Tractor

Escorts Kubota Tractors has released its sales figures for December 2023. According to the data, Escorts Kubota has sold less tractors in December 2023 as compared to December 2022 in domestic and export sales. The company has seen a decline of 17.0% in domestic sales, 31.8% decline in export sales and 18.6% decline in total sales.

Domestic sales of Escorts Kubota

According to the sales report released by Escorts Kubota, the company has faced a huge decline of 17.0% in domestic sales of tractors for December 2023. Escorts Kubota sold 4,979 tractors in India in December 2022. At the same time, the total domestic sales of tractors in December 2023 was 4,131 units.

Also read: Equity structure of Kubota Corp increased to 44.8%. Escorts limited is now Escorts Kubota limited

What are the export sales of Escorts Kubota tractor?

According to data released by the company, Escorts Kubota tractors have faced a decline of 31.8% in export sales. The company has sold a total of 405 tractors outside India in December 2023. But, export sales of 594 units were made in December 2022. Which is more than 2023. 

Total Domestic + Export Sales of Escorts Kubota Tractors

If we take a look at the total sales of Escorts Kubota tractors in December 2023, the company has registered a decline of 18.6% in domestic + export sales in the month of December. The company has sold a total of 4,536 tractors in December 2023. But, 5,573 Escorts Kubota tractors were sold in December 2022. Which is more than 2023.

Escorts Kubota tractor issued its sales report and a significant increase of 3.7% has been observed. Company registered a total sales of 8,258 tractors in 2023, and sold 7,960 tractors in November 2022. 

For your kind information, let us tell you that Escorts Kubota tractor issued its sales report and a significant increase of 3.7% has been observed. Company registered a total sales of 8,258 tractors in 2023, and sold 7,960 tractors in November 2022. 

Sales of Escort Kubota tractors in November 2023 have been registered 7,855 instead of 7,359 as in November 2022. It registered an increase of 6.7% in sales of domestic tractors.

In November 2023, 403 Escorts Kubota export tractors were sold instead of 601 as in November 2022. Company registered a fall of 32.9% in the export market. 

Escorts Kubota tractor sales report November 2023- export and domestic data

Account of November 2023- November 2022 %growth

Domestic       7,855   -  7,359   -  6.7%

Export               403   -  601      - 32.9%

Total               8,258   -  7,960    - 3.7%

There has been observed a fall of 4.0% year to year in sales of Escorts Kubota. 70,069 tractors were sold in 2023 as compared to 72,952 tractors in 2022. Sales of Escorts Kubota domestic tractors was 66,196 units in 2023, which was 67,206 units in 2022.  As a result of which a decline of 1.5% was observed. In year after year export of Escorts Kubota tractors, 3,873 tractors were sold during 2023, whereas a decline of 32.6% has been noticed as compared to 5,746 tractors.