In 2018, the excavator market continued to sell well. Is 2019 a higher level? Or turn around and down? I believe that many industry leaders and investment institutions are paying close attention. It is estimated that the national economic department is also paying attention, because the excavator index has entered the State Council and has become a barometer of the economy with the manufacturing purchasing managers index and CPI.
It is not difficult to see from the figure that 2015 was the darkest moment of the industry, but the market decline in 2004-05 and 2008-09 is nowhere to be seen, because in 2018 compared with 2008, the market sales volume has risen from 100,000 to 200,000 levels. Looking back at the end of 2017 and 2018, the two tall pillars really make people feel like they are too cold!
Just when everyone thought that the excavator market could not be undermined, this year such as
"Excavator sales against the sky"
"Excavator New Cycle"
"Excavators are selling crazy again"
Articles with such titles are frequently refreshed on the screen. What is going on?
According to CCTV Finance, the 25 excavator manufacturers included in the statistics in June sold approximately 25,000 excavators of various types, an increase of approximately 63% year-on-year. The total sales of excavators from January to June 2020 is about 170,000 units, an increase of about 24% year-on-year. The market for excavators in the first half of this year was extremely hot and exceeded industry expectations.
Huang Mingchun has been engaged in earthwork transportation for more than ten years. He said that he was affected by the epidemic and the construction schedule was delayed during the rainy season in Shanghai. The construction site has been rushing recently. He has all the more than a dozen excavators brought to the construction site to work. Want to rent an excavator, like a large excavator, the monthly rent can be more than 20,000 yuan, like a small excavator, the monthly rent can be more than 10,000 yuan. But he found that each lease was difficult to rent, all of them were rented out because of the large amount of work outside. Due to the large weight and volume of the excavator and the high transportation cost, most OEMs rely on dealer channels for sales.
Liang Lunheng is the distributor of XCMG excavators in Guizhou. In order to welcome the small peak season in September and October, he has prepared about 200 excavators in his warehouse in Guizhou. He said that a large earth and stone developer purchased 500 million yuan of this equipment in the year of booking!
In summary, based on the information judgment at the macro, meso and micro levels, the demand for excavators this year will continue to have resilience, and at the same time, corporate competitiveness and industry structure evolution are smoothing out cycle volatility.
Haitong Securities predicts that the sales growth rate of excavators in August is still expected to increase by 50%. Looking forward, it is inevitable that the construction machinery industry will enter the off-season compared with the previous quarter. However, due to the low base in the third quarter of last year, new projects this year after the "two sessions" are expected to gradually land and start, and the domestic excavator market is expected to appear "off-season" in the third quarter. "Light" situation.
