Events: 2018 April 2018 car cranes sales of 3121, +70%, compared to -15%, 1-4 months cumulative +84%; bulldozer sales of 989, +44%, -5%, 1-4 months cumulative +38%; loader sales 11836, +40%, -15%, 1-4 months on the same period, 2767, 2767, +27% year period +27%. +27% Compared to -8%, the cumulative total of 1-4 months was +27%.
Key points of investment
Truck cranes grew by 70% compared to the same month in April, leading enterprises took the market sales volume: in April, truck cranes sold 3121 units, an increase of 70% over the same period last year, compared with -15%. In 1-4, truck cranes sold 10399 units, an increase of 84% over the same period. From the brand point of view, the car crane sales of most enterprises this month decreased compared to last month, and the leading Xuzhou heavy truck crane sales of 1550 units, around +3%, +63%, 50%, the last month's high growth trend, reflecting the ability to resist the cycle fluctuations. The concentration degree of truck crane industry has been continuously improved. In April, the industry CR3 reached 90%, and the market was swept by Xuzhou heavy duty, ZOOMLION and Sany.
Bulldozer sales continued to grow year by year, and mountain to market share climbed to 70%: Bulldozers sold 989 units in April, an increase of 44% over the previous year, -5%. 1-4 months bulldozers cumulative sales of 3098 units, an increase of 38% year-on-year cumulative. Bulldozers exported 199 units this month, exports grew by 39% year-on-year, and the growth rate dropped again. But from absolute value, export data are still at a historical high of nearly three years. From the point of view of key enterprises, the sales volume of this month is up to 733. In the case of the decline in all the other brands, the mountain sales volume is around 6%, 38% and 74%, and the second mountain workers are only 9%. At the same time, the company has exported 124 bulldozers, bulldozers, rollers and flat machines to export to the Central Asian market.
Loader sales growth is stable, export growth is less than the domestic market: in April, 11836 loaders sold (excluding small), an increase of 40% over the same period, -15%. 1-4 months loader cumulative sales of 39135 units, a cumulative +33%. This month, the loader exported 1918 units, an increase of 32% over the same period, a decrease of 8pct compared with the previous month. Compared with other construction machinery and equipment, the export volume of loaders increased slowly. From the regional perspective, the sales volume of Eastern / central / Western loaders in April was 3633/2605/3680, an increase of 46%/40%/40% over the same period last year. The distribution of sales volume in various regions was relatively stable, and sales volume in eastern and western regions was the highest, while export sales accounted for 16%, compared with the latter half of 2017. In recent months, domestic market demand has increased rapidly, and the growth rate of export sales has not been faster than that of domestic sales.
The sales volume of the roller is +105%, and the proportion of the central region is increasing. In April, the sales volume of the roller is 2767, the year on year is +27%, the ring is -8%, and the 1-4 month road roller accumulates 7738 sets, which has increased by 27% over the same period. The sales of Compactors this month dropped somewhat compared to March, but are still at historically high levels. From the point of view of key enterprises, the sales volume of Xugong road roller in April was 838, compared to +29%, and the market share remained at 30%. Liugong, Shan Hui and Sany followed closely. Sales volume was 299, 238 and 233, respectively. The market share was 11%, 9% and 8%. The sales volume of Shan push has increased by 23% compared with the decrease of other enterprises, and the market share has increased by 3PCT, the fastest growth. In April, 349 roller compactors exported to +105% higher than the same period. In the country, the eastern, central and western regions accounted for 34%, 24%, 29%, and the central region's share rate increased by about 5pct, mainly due to the increase in sales of Jilin, Heilongjiang and Jiangxi.
