Construction machinery market volume is very large, but the excavator is the main equipment for many years unshakeable, so the sales of excavators to a large extent about the entire market conditions. Into 2017, the market rebounded significantly, 1-8 months sales Climbing, the recent, China Construction Machinery Industry Association Mining Machinery Branch released statistics show that in September, the country sold a total of 10496 units of various types of excavation machinery, up 92.3%. Excavator sales for 9 consecutive months to maintain more than 100 % Of the growth rate is expected, the fourth quarter excavator sales or decline, will remain high growth.
September sales growth exceeded expectations
Data show that in September, total sales of various types of excavation machinery products 10496 units, up 92.3%, of which the domestic market sales (excluding Hong Kong, Macao and Taiwan) 9525 units, up 96.1%; export sales of 966 units, up 60.2% (Excluding Hong Kong, Macao and Taiwan) 95,291 units, an increase of 109.5%; export sales of 6607 units, up 22.5% year on year, up to a total of 10,195 units, up 100.1% %.
The reason for the high growth in September is basically the logic of the continuation of the first half of the real estate investment and infrastructure active, engineering machinery as a whole to pick up, and the need for replacement. Analysts believe that the current low inventory of the library needs, there may be Strong support for sustained high growth in September.
Due to higher excavator sales growth base in September last year, the market had expected this year's September increase may be slightly lower, but in September more than 100% growth rate exceeded market expectations.With the 'area along the way' gradually implemented this year, the macro environment Better, the first half of the real estate growth is also better, the demand for excavators is relatively large, despite the recent decline in real estate data, but not so fast to the downstream equipment field.
Fourth quarter sales are expected to be stable
The fourth quarter is the excavator sales of the traditional off-season real estate data in the third quarter has declined in the fourth quarter may be transmitted to the downstream digging machine sales areas.But from the macro environment and the first three quarters of the overall growth trend, the fourth quarter sales Or still smooth.
