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China Excavator Industry Sales Data Analysis In March 2014

2014-04-15 10:10:15


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In March, the manufacturing picks up mildly, but the nationwide manufacturing boom is unsatisfactory. Construction machinery industry has also failed to get out of this bind, the construction machienry industry demand has improved significantly in March, but weaker than the expected, most companies are short of expectations.

Construction machinery industry barometer-excavator market sales have reduced by 7.8% in March.

View from the region, the pattern of north strong and south weak is still evident. And the poor demand in the North area has been not just under the influence of coal, iron ore, other infrastructure investments are also weak. In Southern region, Guangdong, Yunnan and Sichuan are the provinces with better need, increasing by more than 20%.

Construction project less, customer funds lack and the used excavator sales become the major cause of poor demand for new excavator, construction machinery dealers generally reflect the financial strain. Many local planning projects can not start due to the government funding problem; the real estate enterprises' capital chain is tight, so many customers who have projects are unlikely to receive the money.

The Spring Festival is earlier than last year, the sales in February have reflected the high season demand, China excavator market in March can only be described as a seasonal rebound, boom is not changed upward or downward.