Brazil Off Highway Machine Sales Continue To Decline
Agricultural machinery sales totaled 49,500 units through October, down 11.8% from the same period last year. In October, 4,900 units were sold, a 25.8% decline from 2022 and 17.7% below September.
Year-to-date, 25,400 machines were sold, a 24.2% decrease from 2022. October sales were 2,300 units, down 31.6% from October 2022 and 13.8% from September.
Agricultural machinery exports through October were 7,600 units, down 13.1% from 2022. October shipments totaled 733 units, a 37.4% decrease from the previous year but a 7% increase from September.