In March 2021, sales of domestic construction machinery in Japan decreased by 2.6% year-on-year to approximately 7.177 billion yuan (except for the million yen in the chart, the rest of the currency units in the full text have been converted to RMB); export sales year-on-year An increase of 36.9% to 99.9 billion yuan. Local sales have fallen year-on-year for three consecutive months, and overseas sales have increased year-on-year for five consecutive months. On the whole, the total sales of construction machinery increased by 17.0% year-on-year, reaching 129.68 billion yuan, an increase of year-on-year for five consecutive months.
In terms of model, the sales of hydraulic excavators in the local market increased by 2.3% year-on-year to 2.031 billion yuan; concrete machinery increased by 25.1% year-on-year to 272 million yuan, and pile machinery increased 10.6% year-on-year to 278 million yuan; hydraulic crushing Hammer increased by 5.3% year-on-year to 136 million yuan; other construction machinery increased by 12.3% year-on-year to 515 million yuan; sales of spare parts increased by 4.8% year-on-year to 740 million yuan. Tractors in overseas markets increased by 73.3% year-on-year to 1.196 billion yuan; hydraulic excavators increased by 39.6% year-on-year to 4.465 billion yuan; small excavators increased by 15.6% year-on-year to 1.475 billion yuan; road machinery increased by 51.6% year-on-year to 2.07 Billion yuan, other construction machinery increased by 57.2% year-on-year to 1.107 billion yuan. From a regional perspective, Oceania has achieved year-on-year growth for eight consecutive months, Europe for six consecutive months, and North America for three consecutive months, and all nine major global markets have achieved year-on-year growth.
From January to March 2021, sales of domestic construction machinery in Japan decreased by 3.5% year-on-year to 15.953 billion yuan; export sales increased by 17.1% year-on-year to 23.592 billion yuan. Taken together, Japan’s total sales of construction machinery in the first quarter of 2021 was 39.545 billion yuan, an increase of 7.8% year-on-year, of which sales of spare parts were 4.335 billion yuan, an increase of 3.7% year-on-year, accounting for approximately 11.0% of total sales.
In fiscal year 2020 (April 2020-March 2021), sales of domestic construction machinery in Japan decreased by 3.4% year-on-year to 56.771 billion yuan, and export sales decreased by 17.0% year-on-year to 72.754 billion yuan. Domestic sales have decreased year-on-year for the first time in three years, and overseas sales have decreased year-on-year for two consecutive years. On the whole, the total sales of construction machinery sales in Japan in fiscal 2020 decreased by 11.5% year-on-year to 1311.30 billion yuan, a decrease for two consecutive years.
In terms of model, the sales of hydraulic excavators in the local market increased by 4.8% year-on-year to 15.758 billion yuan; small excavators increased by 0.5% year-on-year to 5.110 billion yuan; road machinery increased by 0.4% year-on-year to 2.386 billion yuan; concrete machinery year-on-year Increased 1.8% to 1.859 billion yuan; sales of spare parts increased by 0.5% year-on-year to 7.414 billion yuan. Sales of road machinery in overseas markets increased by 2.4% year-on-year to 1.279 billion yuan, and pile machinery increased by 3.6% year-on-year to 296 million yuan; sales of other 7 categories and spare parts all decreased year-on-year. From a geographical point of view, although the three regions of Oceania, the Middle East (including Egypt), and Africa have increased, the other 6 regions have all decreased year-on-year.
