MFWD tractor sales in Canada in 2020 – more units & stronger pricing
In a year of uncertainty, with a health and economic crisis impacting most of the world, Ritchie Bros. made the shift to 100% online bidding in 2020, showcasing our investment in technology while driving record-breaking demand and strong pricing for equipment and trucks.
In fact, according to our March 2021 Used Equipment Market Trends summary report, we sold approximately 12% more MFWD tractors in Canada in 2020 and saw an uptick in pricing in Q2 through Q4.
Track tractor sales in Canada in 2020 – more units & big uptick in pricing in Q2
We sold fewer track tractors in Canada in 2020 vs. 2019, but saw a 77% uptick in median quarterly pricing in Q2 2020 vs. Q2 2019.
Combine sales in Canada in 2020 – more volume & a pricing uptick in Q2
We sold 36% more combines in Canada in 2020 vs. 2019, with quarterly median pricing uptick in Q2.
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