In January, the sales volume of construction machinery exceeded market expectations, and the year-on-year growth was sharp. Exports gradually recovered to 8029 units of excavators in January, up 251% year-on-year; bulldozers sold 771 units, up 90% year-on-year; loaders sold 11133 units, up 190% year-on-year. The sales of forklifts reached 14,261 units, a year-on-year increase of 112%.
In January, 874 sets of loaders were exported, a significant increase of 83% year-on-year; 169 sets of bulldozers were exported, up 24% year-on-year; 132 excavators were exported, which was basically the same as the same period of last year.
Japan's construction machinery bottomed out and exports rebounded sharply. Construction machinery sales in January were 112.253 billion yen, up 15.70% year-on-year, ending a year-on-year decline and bottoming out. Among them, exports were the main factor in ending the downtrend, with a sharp increase of 40.6% year-on-year; while domestic demand remained at a low level, down 19.6% year-on-year.
Japan's gold cutting machine orders demand for high growth continued January gold cutting machine orders totaled 55.095 billion yen, an increase of 189.4%. The export orders amounted to 39.322 billion yen, a year-on-year increase of 299.2%, a positive growth for three consecutive months; domestic demand was 15.773 billion yen, an increase of 71.7%.
China led the recovery of Japanese machine tool external demand, EU and US orders demand stopped falling and rebounded. In January, China's demand for orders was 15.171 billion yen, accounting for 38.6%, and the order volume increased by 521.3% year-on-year. In January, the demand for orders from the EU and the US also bottomed out, up 85.5% and 37.9% respectively.
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