July excavator market continued to slump in the third quarter or rebound

According to the survey data of China Construction Machinery Business Network, from January to July 2011, 26 major excavator manufacturers in China sold 135,295 excavators, a year-on-year increase of 28.04%. Among them, 7,665 units were sold in July, a year-on-year decrease of 14.49% and a month-on-month decrease of 26.6%, which was the third consecutive month of negative growth since May 2011.

Among them, the domestic market excavator sales of 132,947 units, an increase of 27.64%, an increase less than the export market. Export sales volume was 2348 units, an increase of 55.29% year-on-year, a larger increase.

â—† Domestic brands seized the share of Japan and South Korea. European and American brands performed steadily from January to July. Fourteen domestic excavator brands sold a total of 50,613 units with a market share of 37.41%, which was much higher than the market share of 28.90% in 2010. Among them, the year-on-year growth of Sany Heavy Machinery, Yuchai, Liugong, Shanjian Rebuilder, and XGMA, etc., were all higher than the industry's overall level, and their development momentum was rapid. Japanese excavators sold a total of 40,736 units, accounting for 30.11% of the entire excavator market, lower than the market share of 35.39% in 2010. The Korean brand sold 26,838 units with a market share of 19.84%, 4.30% less than in 2010. In the first seven months of the year, European and American excavators sold 17,108 units, which accounted for 12.64% of the total market share. The market share slightly higher than 11.57% in 2010 was basically flat, and the market performed steadily.

◆ Demand shifts to both ends. The share of 20-25T declines obviously from the demand structure. From January to July in 2011, the three tonnage ranges of ≤1T, 6-13T, and 35-39.9T grew rapidly, with an increase of more than 70%. Followed by the two tonnage segments 13-19T and 30-35T, the growth rate also exceeded the overall level of the industry. The increase in the traditional important sales range of 20-25T is limited, and the market share has also declined. As a whole, demand shifts to both ends of the product tonnage.

â—† Export growth far exceeds that of domestic market. The annual growth rate is expected to exceed 50% from January to July. China's export sales of excavators is 2348 units, a year-on-year increase of 55.29%. The growth rate is expected to exceed 50% in 2011. Among them, the three-to-many overseas market has strong ability to expand, export sales increase first; Liugong, Yuchai and Shanhe intelligent still maintain traditional export advantages.