There had been will increase throughout each horsepower sector, with an almost 60 % enhance in gross sales within the predominantly cropping and contracting segments of 150 horse energy plus, Baxter mentioned.
“From a finance perspective, situations have been constructive for the sector with the mixture of strengthened confidence and commodities ensuing within the huge lending establishments wanting favourably on the agricultural business,” he mentioned.
There had additionally been a 30 % enhance in gross sales of the sub-40 horsepower machines – a class dominated by life-style block homeowners.
It was thought a raise in life-style block gross sales post-Covid-19, in addition to individuals spending extra time at dwelling, was serving to gross sales on this class, Baxter mentioned.
Whereas the affiliation’s members have been having fun with the elevated demand, Baxter mentioned continued inbound and outbound provide chain challenges have been an ongoing drawback.
“International manufacturing constraints are nonetheless very a lot a actuality, as crops proceed to work by means of Covid restrictions of their respective international locations, however the circulate of apparatus into New Zealand is growing steadily.
“This can supply a lot welcome reduction for purchasers who’re requiring new items of apparatus to be put to work right away.”