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

  • Wacker Neuson’s record nine month revenues, despite tough economy
    November 27, 2012
    Wacker Neuson (WN) achieved record nine month revenues in the year to September 30, 2012 – while also recording a slight year-on-year rise in Q3 2012. Group revenue in the first nine months of 2012 rose 12% to €812.6 million, compared to €727.6 million in 2011. Light equipment and compact equipment were the strongest sections, reporting increases of 10% and 14% respectively. The Americas was the strongest regional revenue driver, with a rise of 22%. In Europe, revenue grew by 8%. However, WN Group revenue f
    Read More
  • Global machine sales expected to rise
    September 13, 2017
    A report by Off-Highway Research suggests that worldwide construction machine sales could increase 16% this year. On a global basis, sales of construction machines are expected to exceed 810,000 units in 2017, with a value of more than US$80 billion. The report says that most major territories will see growth during 2017. However China’s resurgence will be crucial, as crawler excavator sales in the country have more than doubled in the first half of 2017, compared to the same period last year.
    Read More
  • EU construction machinery sector needs resolve as Brexit looms
    February 14, 2019
    German construction machinery manufacturers are concerned about a no-deal Brexit – UK exiting the European Union - and the possible disintegration of the EU. Rising global economic challenges can be mastered only with a strong, united Europe, according to the VDMA - Construction Equipment and Building Material Machinery Association. VDMA represents more than 3,200 mostly medium-sized companies in Germany’s mechanical and plant engineering sector. This was the view by attendees at the VDMA’s constructi
    Read More
  • VDMA reports equipment orders
    July 21, 2020
    The VDMA is reporting a drop in equipment orders.
    Read More

Highlighted Content