The sales volume of excavators in October is expected to be about 20000
By market:
The estimated sales volume in the domestic market is 14000 units, with a growth rate of about - 41%;
The estimated sales volume in the export market is 6000 units, with a growth rate of about 74%.
According to the predicted value of CME, the sales volume of excavators from January to October 2021 is 299000 units, with a year-on-year growth rate of about 13%, including 246000 units in the domestic market, with a year-on-year growth rate of about 4%; The export market was 53000 units, with a year-on-year growth rate of about 95%.
Looking inward, economic growth will return to normal in 2021, the pressure to achieve the growth target is small, and the necessity of supporting the bottom through infrastructure is weakened. Xiao C believes that the growth rate of sales volume in the domestic market in the next few months will probably remain in the level range of - 15% - 25%.
It is worth noting that the growth rate of excavator export market sales decreased significantly month on month in September 2021 (the growth rate of export market in August 2021 was 100%). This is mainly because the base of the export market increased significantly in the same period last year.
Small series of remarks:
Enterprises should always maintain a sense of crisis, adhere to the awe of the market law, and adhere to high-quality development.
1. Macroeconomic downturn risk
2. The development of downstream industries is less than expected, and there is a downside risk to the demand of the industry
3. Risk of intensified market competition
4. The risk of issuing special bonds is less than expected
