A total of 156,070 under 40 horsepower tractors were sold in the U.S. in 2023, according to the latest data from the Assn. of Equipment Manufacturers. (AEM). This represents a 10.7% year-over-year decline from 174,711 units sold in 2022. In December, 9,959 compact tractors were sold, down 6% year-over-year.

Canadian compact tractor sales were 2023 were down even more, showing a 16.5%. year-over-year decline to 16,342. units sold. AEM reported 1,162 units sold in December a 19% year-over-year decline.

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