According to the statistics of China Construction Machinery Industry Association, the total sales volume of construction cranes exceeded 79000 in 2021, an increase of about 20.0% compared with the same period in 2020. As can be seen from the figure below, the market trend of Engineering cranes has been at a high level in recent years. It is not easy to maintain this order of magnitude in 2021 under the repeated superposition of the epidemic situation, the rise of raw material prices and many other external uncertain factors, and it is higher than expected. After all, the total sales volume in 2020 has reached an all-time high.
From the data, from January to December 2021, the eight truck crane manufacturing enterprises included in the statistics of the association sold 49136 truck cranes, a year-on-year decrease of 9.3%; 16 truck mounted crane manufacturing enterprises sold 25563 truck mounted cranes, with a year-on-year increase of 31.4%; Eight crawler crane manufacturers sold 3991 crawler cranes, a year-on-year increase of 21.6%.
It is understood that truck crane is one of the 12 categories of products included in the statistical products of the association. In fact, this is in line with the law of economic operation and the cyclical law of the industry. Theoretically, the implementation of the national six emission standard may bring a certain amount of equipment renewal, but considering the current market ownership, equipment cost, terminal demand and other factors, the real implementation should take a process. It is also mentioned in the article "inventory 2021 | the" big "way of construction cranes" previously published by the first construction machinery network that the premise of equipment renewal (replacement) must have rigid demand, rather than inertial growth.
From the perspective of cycle, the number of truck cranes is also in the peak state. The market fluctuation of the same order of magnitude belongs to the correction within the normal range. Moreover, the truck crane is more obviously driven by engineering and investment, and the effect is later than that of excavators and other product categories. The year-on-year growth rate of the planned total investment of China's new projects in 2021 is only 3.3% (11.9% in 2020), and the impact on the truck crane market can be imagined.
In addition, according to the public data, the truck crane won the first place in the year-on-year increase of the cumulative average workload of construction machinery in 2021 with a year-on-year increase of 12.8%, indicating that the new round of infrastructure construction across the country is in the completion stage in 2021. Nationwide, the operating rates of Hubei, Xinjiang, Jilin, Anhui, Chongqing, Jiangsu and Ningxia have achieved double-digit growth.
2021 is undoubtedly the year with the largest export growth in the history of the whole construction machinery industry, with a total export volume of US $34 billion, a year-on-year increase of 62.3%. The field of Engineering cranes is no exception. In 2021, the export sales of truck cranes, truck mounted cranes and crawler cranes increased by 54.5%, 55.7% and 105.0% respectively. In particular, crawler cranes (941 units exported in 2021) achieved growth higher than the industry average.
One belt, one road, is way ahead. The global industry is still grim and the supply chain risk is increasing. Industry enterprises overcome difficulties and challenges, and adhere to the overall industrial layout. With strong resilience against risks and continuous strength of hard core products, they are far ahead of the "one belt and one way" countries, and break through the high-end market in Europe and the United States.
The relevant person in charge of a listed construction machinery company said, "according to the export sales in the fourth quarter of 2021, it is expected that there will be a relatively large increase in exports in 2022." More insiders said that the overall export volume of excavators, loaders, cranes and other product categories in 2022 is likely to increase by double digits.
