In the global economy continues a moderate recovery and domestic economic steady for the better, "The Belt and Road" initiative deepening support, China's sales continue to exceed the expected growth, driven by the construction machinery industry boom picks up gradually. According to the latest data of Mining Machinery Association of China Construction Machinery Industry Association, in 2017, sales of various mining machinery products 140303, year-on-year increase of 99.5%.
In addition, according to the data of the General Administration of customs, the import and export trade volume of China's construction machinery was 24 billion 191 million US dollars in 2017, up 19.3% from the same period. Among them, the import amount was $4 billion 86 million, an increase of 23.2% over the same period, the export amount of $20 billion 105 million, a 18.5% increase over the same period.
China's mining machinery market in the same period of the same period in the last ten years and the same period of change
According to the latest data from the prospective database, a total of 10687 types of mining machinery products were sold in January 2018, up to 135% from the same period. At the same time, the orders of large and medium sized excavators are good. With the start of the Spring Festival, the excavators will continue to continue the fire sales by the end of 2017, and sales are expected to be over - expected in 3-4 months, analysts expect.
The sales volume of large excavators increased by 1745, increasing by 215.6% over the last year, and the sales volume of medium-sized excavators increased by 2371, up 208.7% compared with the same period last year. The sales volume of small excavators increased by 5431, up 141.9% over the same period last year.
Forward industry research institute analysts said that in the next 3 years, about 1 million 500 thousand market share will basically meet the current market demand in the next -5 years. China's excavating machinery will gradually enter the stock market. In the future, the replacement of old machines will become the most important market demand. Comprehensive consideration of various factors, 2018 domestic mining machinery sales growth rate of about 20%, estimated sales of about 155 thousand units, 2018 industry prosperity is still expected to continue.
