In the early 1990s, my country’s government investment was the main driving force for economic growth and economic development. Infrastructure investment accounted for a large proportion at that time. After a long period of time, although the sources of investment funds continued to change, the infrastructure construction The proportion has basically not declined. With the deepening of the socialist market economy, the demand for personal housing has become more urgent and the demand for real estate investment continues to be strong. The government has to introduce policies to curb the overheating of real estate. In summary, real estate and infrastructure investment have become important forces to promote fixed asset investment, which has strongly stimulated the demand for construction machinery.
2020 construction machinery industry revenue is expected to exceed 700 billion
my country's construction machinery industry developed rapidly in 2009-2013 and reached the first peak of 566.3 billion yuan; then it began a five-year low period, and in 2019 ushered in a small peak again. According to statistics from the China Construction Machinery Industry Association, after deducting incomparable factors, duplicate data and non-construction machinery industry operating income, the entire industry achieved operating income of 668.1 billion yuan in 2019, an increase of 12% over 2018.
According to data released by the China Construction Machinery Industry Association in September 2020, 12 key construction machinery enterprises across the country completed sales revenue of 235.6 billion yuan, an increase of 17.3% year-on-year, and the industry-wide sales revenue is about 400 billion yuan; Revenue growth will reach 7% to 8%. According to the association's relevant data and development status, forward-looking forecasts that the total revenue of my country's construction machinery industry in 2020 will reach about 714.9 billion yuan.
Sales of construction machinery products continue to grow in 2020
Sales of 15,462 truck-mounted cranes in 2019, a year-on-year increase of 9.78%, sales of 2,290 crawler cranes, a year-on-year increase of 21.9%, sales of 123,000 loaders, a year-on-year increase of 4.04%; sales of 5,807 bulldozers, a year-on-year decrease of 23.6%, sales 16,978 units, a year-on-year decrease of 7.61%, sales of 4,348 motor graders, a year-on-year decrease of 17.41%, and sales of 608,300 forklifts, a year-on-year increase of 1.86%.
According to industry statistics from China Construction Machinery Industry Association, the 25 mainframe manufacturers included in the statistics from January to June 2020 sold a total of 170,425 units of various excavation machinery products, a year-on-year increase of 24.2%. The domestic market sold 155,893 units, a year-on-year increase of 24.8%. The export sales volume was 14,532 units, a year-on-year increase of 17.8%. From January to June 2020, a total of 66823 loaders of various types were sold, a year-on-year increase of 0.4%. Among them: 63,058 loaders of 3 tons and above were sold, a year-on-year increase of 1.06%. The total sales volume in the domestic market was 55,639 units, a year-on-year increase of 3.17%; the export sales volume was 11,184 units, a year-on-year decrease of 11.4%.
Under the background of the epidemic, the import and export of construction machinery products will decline in 2020
According to customs data, my country's construction machinery import and export trade volume from January to June 2020 was 11.575 billion US dollars, a year-on-year decrease of 18.6%. Among them, the import value was US$1.845 billion, a year-on-year decrease of 18%; the export value was US$9.73 billion, a year-on-year decrease of 18.7%.
In the first half of 2017-2020, my country exported the largest number of forklifts, far surpassing other types of construction machinery and equipment. In the first half of 2020, my country’s total exports of complete machines totaled US$5.993 billion, a year-on-year decrease of 20.5%, accounting for 61% of total exports; exports of parts and components were US$3.797 billion, a year-on-year decrease of 15.8%, accounting for 39% of total exports. The decrease in exports from January to June mainly included parts, forklifts, loaders, tunnel boring machines and off-road dump trucks. The main increase in export value are: crawler excavators, all-terrain truck cranes of more than 100 tons, pavers and asphalt mixing equipment.
2020 product structure of the construction machinery industry: excavators occupy an absolute mainstream position
my country has a wide variety of construction machinery and is one of the countries with the most complete product categories and product varieties in the world. It has 20 categories, 109 groups, 450 models, 1090 series and tens of thousands of models of product equipment. It is precisely because of my country's complete categories of construction machinery and outstanding advantages of serialization and complete sets, it provides construction machinery equipment guarantee for the country's economic construction.
From the perspective of market structure, the four commonly used engineering equipment—excavators, cranes, road rollers, and bulldozers—occupies most of my country’s construction equipment market. Among them, excavators are the star product in construction machinery and occupy the absolute mainstream position in the market. , Sales in 2019 accounted for 57.84%; followed by loaders, accounting for 30.34%.
