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0 · China’s Excavator
1 · China's excavator sales expect to decrease by 31 percent in Mar
2 · China's Mar excavator sales to fall 33% on year
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In particular, in March, excavator sales in the Chinese domestic market will likely . What’s new: Exports of Chinese excavators outpaced domestic sales in the first . China's excavator sales for both domestic and overseas markets are expected to drop by 33% on year to 25,000 units in March, according to the latest forecast released by the industry magazine Construction Machinery and Equipment (CME). In particular, in March, excavator sales in the Chinese domestic market will likely reach 13,899 units, down 47.7 percent year on year, while excavator sales to the export market will likely total 11,679 units, up 10.9 percent year on year.
What’s new: Exports of Chinese excavators outpaced domestic sales in the first two months of 2023, an industry group said, as analysts pointed to growing demand from the Middle East and Latin America. China’s major manufacturers exported 16,964 excavators in the two-month period, up 14.9% year-on-year.According to the statistics of China Construction Machinery Industry Association, the total sales volume of excavators in 2023 was 195,018 units, a year-on-year decrease of 25.4%. Among them, the sales volume in the domestic market was 89,980 units, down 40.8% year-on-year; the export sales volume was 105,038 units, down 4.04% year-on-year.
In that period, exports of China's major excavator makers rose 13.3 percent year on year to 28,643 units, data from the China Construction Machinery Association showed. Sales of the equipment declined 25.5 percent from the previous year to . The positive growth in monthly excavator sales marked a clear sign of a potential rebound for the engineering and machinery sectors in China and a possible increase in infrastructure project commencement rates, said experts.
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In 2023, China's total sales of excavators to both domestic and overseas markets added up to 195,018 units, dropping by 25.4% on year, according to the latest data released by China Construction Machinery Association (CCMA) on January 10. In December last year, China’s excavator sales amounted to 16,698 units, down 1.01 percent year on year, while in 2023 overall China’s excavator sales totaled 195,018 units, down 25.4 percent year on year, according to the statistics for major Chinese excavator manufacturing enterprises issued by the China Construction Machinery Association .BEIJING, January 10 (AsianFin) – The sales of excavator totaled 16,698 units in December 2023, experiencing a slight 1.01% year-on-year decline. Notably, domestic sales surged by 24%, reaching 7,625 units, while exports decreased by 15.3% to 9,073 units. Sales of the equipment declined 25.5 percent from the previous year to 57,471 units during the same period. In March alone, excavator exports came in at 11,679 units, rising 10.9 percent year on year.
China's excavator sales for both domestic and overseas markets are expected to drop by 33% on year to 25,000 units in March, according to the latest forecast released by the industry magazine Construction Machinery and Equipment (CME). In particular, in March, excavator sales in the Chinese domestic market will likely reach 13,899 units, down 47.7 percent year on year, while excavator sales to the export market will likely total 11,679 units, up 10.9 percent year on year. What’s new: Exports of Chinese excavators outpaced domestic sales in the first two months of 2023, an industry group said, as analysts pointed to growing demand from the Middle East and Latin America. China’s major manufacturers exported 16,964 excavators in the two-month period, up 14.9% year-on-year.According to the statistics of China Construction Machinery Industry Association, the total sales volume of excavators in 2023 was 195,018 units, a year-on-year decrease of 25.4%. Among them, the sales volume in the domestic market was 89,980 units, down 40.8% year-on-year; the export sales volume was 105,038 units, down 4.04% year-on-year.
In that period, exports of China's major excavator makers rose 13.3 percent year on year to 28,643 units, data from the China Construction Machinery Association showed. Sales of the equipment declined 25.5 percent from the previous year to .
The positive growth in monthly excavator sales marked a clear sign of a potential rebound for the engineering and machinery sectors in China and a possible increase in infrastructure project commencement rates, said experts.
In 2023, China's total sales of excavators to both domestic and overseas markets added up to 195,018 units, dropping by 25.4% on year, according to the latest data released by China Construction Machinery Association (CCMA) on January 10. In December last year, China’s excavator sales amounted to 16,698 units, down 1.01 percent year on year, while in 2023 overall China’s excavator sales totaled 195,018 units, down 25.4 percent year on year, according to the statistics for major Chinese excavator manufacturing enterprises issued by the China Construction Machinery Association .BEIJING, January 10 (AsianFin) – The sales of excavator totaled 16,698 units in December 2023, experiencing a slight 1.01% year-on-year decline. Notably, domestic sales surged by 24%, reaching 7,625 units, while exports decreased by 15.3% to 9,073 units.
China’s Excavator
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china excavator sales march 2023|China's excavator sales expect to decrease by 31 percent in Mar