Top agriculture equipment categories of 2020 - Canadian edition

Industry Insights 评论

Top Ag Equipment in 2020

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.

2020 MFWD tractor sales

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.

2020 track tractor sales

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.

2020 combine sales

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Over the past few years, Ritchie Bros. has increased its focus on data and insights. If you’d like to get your hands on more info like this, you can sign up to receive Ritchie Bros. FREE Used Equipment Market Trends summary reports at rbassetsolutions.com/market-trends-report.

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