Chinese excavator sales

Chinese construction machinery has been affected by excess production but there is potential for market development opportunities in 2014. Data from the excavator industry shows that the first quarter of 2014 has seen recovery, compared with 2013 and 2012. According to China Construction Machinery Association (CCMA), excavator sales for February hit 9,410, 55.3% above last year’s level. The leading domestic brands included Liugong, Sany, Sunward and XGMA while the leading foreign brands included Caterpi
June 24, 2014 Read time: 1 min
Chinese construction machinery has been affected by excess production but there is potential for market development opportunities in 2014.

Data from the excavator industry shows that the first quarter of 2014 has seen recovery, compared with 2013 and 2012. According to 2735 China Construction Machinery Association (CCMA), excavator sales for February hit 9,410, 55.3% above last year’s level. The leading domestic brands included 269 LiuGong, 1170 Sany, 1173 Sunward and 2713 XGMA while the leading foreign brands included 178 Caterpillar, 695 Doosan, 233 Hitachi and 2300 Komatsu.

However, the CCMA has sent letters to manufacturers warning that some leading firms have been winning market share through reducing prices, extending warranty periods and reducing down payments. The CCMA says that these moves result in unfair competition tendency, which have a negative effect on market stability and future development of the sector.

For more information on companies in this article

Related Content

  • Worldwide machine sales growing
    July 18, 2012
    Steady growth in machine sales reflects global demand for construction equipment - Mike Woof reports Keynote speakers at the UK’s Construction Equipment Association (CEA) recent annual general meeting revealed steady demand for new machines worldwide. Although Europe’s economy remains troubled, worldwide machine sales are strong and exports are providing huge turnover for manufacturers. Colin Timms of Off-Highway Research said that global equipment sales last peaked in 2007 at $98 billion, falling to $55 b
    Read More
  • Research highlights Italian construction equipment sector difficulties
    November 16, 2012
    Global turnover recorded by Italian construction equipment companies in 2011 totalled €2.69 billion. Despite their global turnover increasing by 6.4% in 2011 compared to levels achieved in 2010, Italian construction equipment company turnover is still down 42% compared to 2008. Details of Cribis D&B’s findings following research commissioned by the Unacea trade association were revealed during the recent Construction Equipment Day at Ecomondo Fair in Rimini, Italy. Further Cribis D&B figures for 2011 show
    Read More
  • Strong attendance points to a successful bauma China show
    December 17, 2014
    Even heavy rain showers on the first day of the bauma China exhibition in Shanghai did not dissuade the crowds packing the outside exhibition areas - Mike Woof writes Those firms exhibiting at bauma China 2014 in Shanghai benefited from a strong show that attracted a record attendance of 191,000, an increase of 6% over the 2012 event. A wide array of new equipment was on show from the 3,104 firms exhibiting, an increase of 14% from 2012. There was a strong focus on technology and new engines required for
    Read More
  • UK to reconsider Chinese excavator tariffs
    July 15, 2025
    The ‘trade remedies’, which came into force May 14, affect Chinese-made self-propelled tracked excavators with a 360° revolving superstructure and with an operating weight between 11tonnes and 80tonnes.
    Read More

Highlighted Content