In July 2018, the 24 major excavator manufacturing enterprises included in the statistics sold more than 11100 excavators of various types, a year-on-year increase of 45.28%, and the sales volume reached a new historical high for the third consecutive month.

In the first seven months, the cumulative sales of excavators exceeded 131000 units, a significant increase of 58.65% compared to the same period last year, which was about 82700 units. The possibility of achieving a historical high in annual sales has further increased compared to last month.

Monthly sales of excavators from August 2017 to July 2018

From the perspective of brand competition, the sales volume of Sany excavators reached 2800 units in July, accounting for 25.1% of the total; Caterpillar and XCMG rank second and third respectively with sales of over 1700 and 1100 units; Liugong, Shandong Lingong, and Doushan are ranked fourth to sixth.

In the first seven months, the cumulative sales of Sany excavators were close to 29300 units, accounting for 22.3% of the total sales; Caterpillar sold nearly 18000 units, XCMG sold about 15000 units, and Doosan sold nearly 11000 units. The total market share of the top four brands reached 55.6%, and the total market share of the top eight brands (including Liugong, Shandong Lingong, Komatsu, and Rili Construction Machinery) reached 78.2%.

In terms of tonnage, the sales proportion of large excavators (30 tons and above) increased to 18.5% in July, while small excavators (13 tons and below) decreased to 41.7%, and medium excavators remained relatively stable compared to previous months.

In the first seven months, the sales of small, medium, and large excavators were approximately 63000, 48000, and 20000 units, respectively, accounting for 48.2%, 36.8%, and 15.0% of the total sales, respectively. Further subdividing, excavators in the 19.5

Sales of excavators by tonnage from January to July 2018

From the perspective of regional sales, the sales volume in Shandong Province reached 840 units in July, showing a clear leading advantage; Next are Jiangsu Province, which has just surpassed 700 units, and Henan Province, which has over 600 units; Anhui, Hubei, and Sichuan provinces have sales of over 500 units.

In the first seven months, sales in Shandong Province and Jiangsu Province both exceeded 9000 units; Sales in Sichuan Province and Henan Province are around 8000 units, while sales in Anhui Province exceed 7000 units.

Let’s take a look at the oral situation again.

Excavators are making great strides in the overseas market! In July, the export sales of excavators reached nearly 1800 units, a significant increase of 171% year-on-year. So far, it has exceeded 1000 units for eight consecutive months and over 1500 units for five consecutive months. Since the beginning of this year, about 10700 loaders have been exported, a year-on-year increase of 119%.

Monthly export situation of excavators from August 2017 to July 2018

In the first seven months, small, medium, and large excavators exported around 3000, 5500, and 2100 units respectively. Caterpillar has exported nearly 3800 units, while Sany has exported over 3300 units.

From the sales performance of single machine models, in the first half of the year, Sany SY75C-10 was far ahead with sales of more than 5500 units. Sany accounted for five of the top ten models in terms of sales, XCMG had two models, and Doosan, Caterpillar, and Shandong Lingong each had one model. Each brand is listed as follows: Sany SY75C-10, XCMG XE60D, Caterpillar 305.5E2, Doosan DX55-9C, Shandong Lingong E660F.

Excavator purchase inquiry, go to the Iron Arm Mall! Since 2018, China Construction Machinery Trading Network’s Iron Arm Mall has received approximately 33000 excavator inquiries, with key models receiving attention including Sany SY75C-10, Caterpillar 307E2, Sany SY60C, Volvo EW145B Prime, and XCMG XE60D