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CNH Industrial forecasts for ag machinery market growth

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CNH Industrial forecast further growth in world farm machinery volume sales this year.

 

Below gives details, illustrating that expected expansion looks a little slower than that acheived n 2017.

 

Apac stands for Asia-Pacific; Emea for Europe, Middle East and Africa; Latam for Latin America; and Nafta for the North American free trade agreement area, ie Canada, Mexico and the US.

 

 

 

 

CNH forecasts for combine market growth in 2018
Region 2018 forecast 2017 result
Apac About +10% +5%
Emea Flat to +5% Flat
Latam About +5% +13%
Nafta Flat to +5% +10%

 

 

 

 

CNH forecasts for tractor market growth in 2018
Region 2018 forecast 2017 result
Apac Flat +6%
Emea About +5% +2%
Latam Flat to +5% +13%
Nafta - 0-140 horsepower Flat to +5% +6%
Nafta - 140+ horsepower Flat to +5% +2%

 

 

 

 

 

 

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