Pakistan’s tractor industry is now at a decade low, with FY25 volumes at just 29k units — the weakest in 12 years.
Industry Sales at a 12-Year Low
Historical trends show:
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Industry volumes previously hovered between 50,000–70,000 units during peak years such as 2016–18.
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Even during difficult periods (COVID year 2019–20), sales stayed above 32,000 units.
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The current 29k level marks a new bottom for the sector.
This sharp decline reflects a combination of high financing costs, reduced farm incomes, and a slowdown in mechanisation demand.
https://dps.psx.com.pk/download/document/265745.pdf
