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CME observation: in July, the domestic sales volume of excavators was about 13000.

Views: 0     Author: Site Editor     Publish Time: 2021-08-08      Origin: Site

The excavator sales volume in July is expected to be about 18500


Through grassroots investigation and market research, CME estimates that the sales volume of excavators (including exports) will be about 18500 in July 2021, with a year-on-year growth rate of about - 3.19%.

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By market:


The estimated sales volume in the domestic market is 13000 units, with a growth rate of about - 20.01%;


The estimated sales volume in the export market is 5500 units, with a growth rate of about 92.51%.


According to the CME forecast, in July 2021, the sales volume of the domestic excavator market fell again, the terminal demand weakened, and the inflection point of China's mining machinery industry has been initially highlighted.


According to CME forecast, the sales volume of excavators from January to July 2021 is 242333 units, with a year-on-year growth rate of 27.86%, including 206700 units in the domestic market, with a year-on-year growth rate of 20.07%; 35633 sets in the export market, with a year-on-year growth rate of 104.92%.


Looking inward, economic growth will return to normal in 2021, the pressure to achieve the growth target is small, and the necessity of supporting the bottom through infrastructure is weakened. Xiao C believes that the growth rate of sales volume in the domestic market in the second half of 2021 will remain in the level range of - 15% - 25%.


Externally, under the combined action of unconventional stimulus policies, low base and vaccine promotion, the global economy has experienced restorative growth, and the mining machinery export market will maintain a high growth rate in the second half of 2021.


Market competition will be more cruel


The economies of scale of leading enterprises are more valuable in the "white hot" stage of price competition. It is difficult for emerging enterprises to enter. Although foreign brands have launched "economic and applicable" excavators suitable for the Chinese market and users, they are optimistic about the toughness and endurance of domestic brands. It is difficult to reverse the market competition pattern in the short term. On the premise of capacity planning of 600000 units, the market competition will be more cruel.


Small series of remarks:


From the perspective of industry operation risk, the hidden worries accumulated under the rapid growth of the market may appear slowly, and the safety and stability of mining machinery industry chain will become increasingly prominent.


The day before yesterday, Sany, XCMG, Liugong, Shandong Lingong, Shanhe intelligent and other companies said that they would raise the prices of some excavator products, including 10% for small excavation and 5% for medium excavation. Little c understands that this wave of price increase enterprises have practical actions. Although the price increase has not been fully implemented, it has a certain inhibition on


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