According to industry statistics from the China Construction Machinery Industry Association, the 25 mainframe manufacturers included in the statistics in October 2020 sold a total of 27,331 units of various excavation machinery products, an increase of 5.0% from the previous month and a year-on-year increase of 60.5%. The domestic market sold 23,892 units, a year-on-year increase of 60.7%, and export sales were 3439 units, a year-on-year increase of 59.4%.
In October, the total investment in various projects increased month-on-month. China Komatsu's excavator operating hours were 136.5 hours, an increase of 9.6% month-on-month and a year-on-year increase of 6.3%. The demand for excavators is still hot.
From January to October 2020, a total of 263,839 sets of excavation machinery products were sold, a year-on-year increase of 34.5%. The domestic market sold 236,712 units, a year-on-year increase of 35.5%. The export sales volume was 27,127 units, a year-on-year increase of 25.9%. In terms of domestic sales by model, the cumulative sales of large digging is 31,328 units, a year-on-year increase of 24.5%, the cumulative sales of medium digging is 61,798 units, an increase of 38.7%, and the cumulative sales of small digging is 143,586 units, an increase of 36.8%.
According to statistics from China Construction Machinery Industry Association, the 23 loader manufacturers included in the statistics in October 2020 sold a total of 10574 loaders of various types, an increase of 10.8% year-on-year. Among them: 9,777 loaders of 3 tons and above were sold, a year-on-year increase of 9.78%. The total sales volume in the domestic market was 8,284 units, a year-on-year increase of 9.26%; the export sales volume was 2,290 units, a year-on-year increase of 16.8%. From January to October 2020, a total of 109,028 loaders of various types were sold, an increase of 5.59% year-on-year. Among them: 102,354 loaders of 3 tons and above were sold, a year-on-year increase of 5.76%. The total sales volume in the domestic market was 89,571 units, a year-on-year increase of 8.13%; the export sales volume was 19,457 units, a year-on-year decrease of 4.73%.
excavator
According to statistics from the China Construction Machinery Industry Association, the 25 excavator manufacturers included in the statistics in October 2020 sold 27,331 excavators of various types, a year-on-year increase of 60.5%; of which 23,892 were domestic, a year-on-year increase of 60.7%; exports were 3439 units, a year-on-year increase An increase of 59.4%.
From January to October 2020, a total of 263,839 excavators were sold, a year-on-year increase of 34.5%; among them, 236,712 were domestic, a year-on-year increase of 35.5%; 27,127 were exported, a year-on-year increase of 25.9%
Loader
According to statistics from China Construction Machinery Industry Association, the 23 loader manufacturers included in the statistics in October 2020 sold a total of 10574 loaders of various types, an increase of 10.8% year-on-year. Among them: 9,777 loaders of 3 tons and above were sold, a year-on-year increase of 9.78%. The total sales volume in the domestic market was 8,284 units, a year-on-year increase of 9.26%; the export sales volume was 2,290 units, a year-on-year increase of 16.8%.
From January to October 2020, a total of 109,028 loaders of various types were sold, an increase of 5.59% year-on-year. Among them: 102,354 loaders of 3 tons and above were sold, a year-on-year increase of 5.76%. The total sales volume in the domestic market was 89,571 units, a year-on-year increase of 8.13%; the export sales volume was 19,457 units, a year-on-year decrease of 4.73%.
At present, my country's economic growth is not as good as market expectations. Due to the request of the Ministry of Finance to accelerate the issuance of local bonds, the speed of fiscal funds in place has accelerated, which will directly drive the acceleration of infrastructure investment. At the same time, construction machinery plans to implement the National IV emission standards by the end of 2020, and increase environmental protection management and control, which will drive equipment updates. In the fourth quarter, the demand for new and updated construction machinery is considerable, and it is expected that the sales volume of construction machinery in a single month in November will remain high.
