Domestic and foreign construction machinery industry sales "big harvest"

Recently, the China Construction Machinery Industry Association excavator branch released the latest data show that in May 2018, the mainframe manufacturing enterprises included in the statistics sold a total of 19,313 excavation machinery products, an increase of 71.3%, the domestic market sales of 17,780 units, an increase of 69.6 %; export sales of 1,523 units, an increase of 95.3%; in January and May of 2018, a total of 105,935 types of excavation machinery products were sold, up 60.2% year-on-year, domestic sales of 98,727 units, an increase of 57.7%; export sales of 7,172 units, It increased by 103.9% year-on-year. According to industry insiders, the sales volume of excavators in May has reached a record high in the same period. According to historical data on the proportion of excavator sales in the first five months in recent years, the sales volume of excavators is expected to be refreshed this year. In the domestic market, thanks to domestic demand, demand for infrastructure, real estate, and municipal engineering continues to be good, and domestic sales continue to grow in the future with certainty. On the other hand, whether it is the monthly sales in May or January to May, the growth rate of export sales is significantly higher than that in China, maintaining the state of “successful triumph”, showing that the competitiveness of domestic construction machinery is increasing overseas, in global engineering. Under the background of the recovery of the machinery industry, the market potential embedded in the countries along the “Belt and Road” is expected to inject sustained momentum into the overall development of the industry.

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