According to the industry statistics of China Construction Machinery Industry Association, 37085 mining machinery products were sold in March, a year-on-year decrease of 53.1%, and the year-on-year growth rate decreased again; Compared with the sales volume of 72968 units in the same period of last year, it has directly cut back, which has changed the grand occasion of previous peak seasons. In terms of month on month, the sales volume of excavators in March increased by 51.5% month on month, and continued to improve.
In the domestic market, the sales volume of excavators in March was 26556, a year-on-year decrease of 63.6%, and the domestic demand is still weak. In addition to the high base factor in the same period of last year, the continuous rebound of this round of epidemic has led to the increasing downward pressure on China's economy, the shutdown of construction sites in many parts of the country and the downward demand for superimposed equipment renewal are also the reasons for the low downstream demand of the domestic excavator market in March.
In the export market, the export sales volume of excavators continued a high growth trend in March, reaching 10529 units, with a year-on-year increase of 73.5%, becoming the first month in a year. Despite the impact of the epidemic on port cities such as Shanghai and Shenzhen, resulting in the interference of logistics and transportation to a certain extent and the narrowing of export growth, the export market has still become an important growth point of the excavator industry.
In terms of tonnage structure, the sales volume of large excavation (≥ 28.5t) in March was 2690 units, a year-on-year decrease of 62.5%; The sales volume of medium excavation (18.5 ~ 28.5t) was 6002, with a year-on-year decrease of 72.0%; The sales volume of small excavation (< 18.5t) was 17864 units, a year-on-year decrease of 59.7%. The year-on-year growth of sales volume of large, medium and small excavation is negative, among which the year-on-year decline of China excavation is the largest.
The proportions of large excavation, medium excavation and small excavation were 10%, 23% and 67% respectively. Among them, the proportion of medium excavation remained basically unchanged for the third consecutive month, and small excavation was still led by absolute advantage.
In March, the investment amount of major construction projects was about 140.279 billion yuan; The national Standing Committee stressed that "we should strengthen confidence, set firm goals, and put steady growth in a more prominent position"; The national development and Reform Commission held the first meeting of 102 major projects in the 14th five year plan, which required to ensure the effective implementation of 102 major projects in the 14th five year plan... Although many good news will effectively support the boom recovery of downstream industries and stimulate the demand for construction machinery and equipment, it has not been well reflected in the construction machinery market, and the domestic demand of excavator industry is still relatively weak.
