French earthmoving market remains strong in Q1 2019

The French market for earthmoving equipment remained very strong in the first quarter of this year, according to the latest data compiled by CISMA. Q1 sales rose 12% compared to the same quarter 2018 with that for compact equipment up by 14%. CISMA - the French trade association - noted that this performance is mostly due to the strength of sales to rental companies (+32%) and the good performance of non-rental sales. Sales of crawler excavators are up by 11%. Sales of wheeled loaders grew by 23% t
May 7, 2019 Read time: 2 mins

The French market for earthmoving equipment remained very strong in the first quarter of this year, according to the latest data compiled by CISMA.

Q1 sales rose 12% compared to the same quarter 2018 with that for compact equipment up by 14%.

CISMA - the French trade association - noted that this performance is mostly due to the strength of sales to rental companies (+32%) and the good performance of non-rental sales.

Sales of crawler excavators are up by 11%. Sales of wheeled loaders grew by 23% this quarter compared to the same period last year.

The recovery of the heavy earthmoving equipment sector is continuing, a trend which began in 2015. Sales are up by 7%.

However, sales of crawler excavators remain weak – up by 1% only. Nonetheless, wheeled excavators are up 21%.

The Q1 results follows a 2018 full-year report that saw French excavator market rise by only 1% over 2017. But 2017 sales were up 23% over 2016. Last year sales of wheeled excavators increased by 31% while mini excavator sales decreased by 1%.

Sales of crawler excavators were up 4% but the wheeled excavator market increased by 9%.

With 17,600 units sold last year - both wheel and crawler excavators - France remains the third biggest market in Europe with 16.5% of market share. It is the seventh largest market in the world.

CISMA is a Paris-based trade association for companies in France that produce and sell equipment for construction as well as the steel industry and handling sector. It also includes component suppliers. CISMA represents the interests of its 200 members - SME, SMI and subsidiaries of international groups - that employ around 31, 000 people in France. These businesses export 58% of their production and generate nearly €9 billion in annual revenue.

Earthmoving & soil compaction

Related Content

  • US pedestrian deaths fall but remain high
    June 27, 2024
    According to analysis from the Governors Highway Safety Association - GHSA – annual US pedestrian traffic deaths fell for first time since the pandemic, but are still above the pre-pandemic level.
    Read More
  • Liebherr’s strong results
    June 15, 2016
    Liebherr reports a record turnover for 2015 at €9.237 billion. This is the highest figure in the Liebherr Group’s history and represents an increase of €414 million or 4.7 % over with 2014. Some €751 million was invested in the business in 2015. Business in Western Europe saw an increase in turnover. Among the contributing factors were positive developments in Germany, the UK and the Netherlands. Sales revenue dropped, however, in France, the Group’s third-largest market. Turnover increased in volume
    Read More
  • European construction equipment sector is picking up says CECE
    January 6, 2017
    While the European construction equipment market is still some 40% below the record levels of 2007, there are definite signs of a recovery in the industry. This was revealed by Eric Lepine, president of CECE (the Committee for European Construction Equipment), who said that it is a mixed market environment. “There are still uncertainties in different regions of the world and particularly in Europe, but the good news is that figures are telling that Europe is picking up,” said Lepine.
    Read More
  • European construction equipment sector is picking up says CECE
    April 21, 2015
    While the European construction equipment market is still some 40% below the record levels of 2007, there are definite signs of a recovery in the industry. This was revealed by Eric Lepine, president of CECE (the Committee for European Construction Equipment), who said that it is a mixed market environment. “There are still uncertainties in different regions of the world and particularly in Europe, but the good news is that figures are telling that Europe is picking up,” said Lepine.
    Read More

Highlighted Content