According to survey statistics, China's excavator sales in August reached 7,864 units, down 11.10% year-on-year and 2.60% quarter-on-quarter. This is the fourth consecutive month of negative growth since May 2011. From January to August, the cumulative sales of excavators was 143,159 units, a year-on-year increase of 25.01%. Weakness is difficult to change for 4 consecutive months of negative growth Since the cumulative monthly sales of excavators in February this year exceeded 90%, after reaching a high point, the monthly cumulative sales growth rate continued to decline. Through the analysis of the downstream demand market, analysts believe that although the traditional sales climax will be ushered in September and October, this year's situation is more likely to be “the peak season is not prosperousâ€, and the cumulative sales growth will decline further. The market expectation for the next four months is still dominated by bearishness, and monthly sales are hard to exceed 10,000 units. Export share rises rapidly In August, the sales volume of excavators was 381 units, a year-on-year increase of 51.19%, accounting for 4.84% of the total sales volume, making it the highest monthly share since January 2010. From January to August, the cumulative export volume was 2,729 units, a year-on-year increase of 54.71%. Under the dual influence of strong export demand and shrinking domestic demand, exports accounted for a rapid rebound in the proportion of total sales, especially since June, the trend has become more apparent. Domestic brands' weak breakout share has reached a new level From the cumulative sales situation from January to August, 15 domestic excavator brands sold a total of 53,991 excavators, with a market share of 38%, up nearly 10% compared with 2010; represented by Komatsu and Hitachi Construction Machinery. The Japanese excavator brand sold a total of 4.2774 units, down from the market share of 35.39% in 2010 to the current 30%; the Korean brand sold a total of 281.44 million units from January to August, with a market share of 19%, down 5.14 from 2010. percentage point. Europe and the United States sold 18,500 units from January to August, accounting for 13% of the total market share, slightly higher than the 2010 level. Railway construction is slowing down, and downstream demand is hard to see. On August 10, the State Council held an executive meeting to reorganize the safety assessment of the railway construction projects that have been approved but not yet started; in addition, the new railway construction projects were suspended. The news indicates that the development model of China's high-speed rail "leap-forward" since 1997 has come to an end. From January to August, China's fixed asset investment grew by 25% year-on-year, down 0.4 percentage points from January to July. The growth rate of 25% of fixed asset investment has already reached a low point since 2003. Led Module Lights,Led Modular Lights,Led Module Downlight,Led Module String Lights B-F-B-ic international Ltd.co , https://www.ledgather.com
Excavator: Less increase in rebound