In May, The Sales Volume Of Excavators Increased By 68% Compared With That Of The Construction Machinery Industry.

Recently, according to the statistics of China Construction Machinery Industry Association, in May 2020, all enterprises sold 31744 kinds of mining machinery products, an increase of 68% over the same period, far exceeding the industry's expectations (50%). It is also known that sales of lifting appliances and aerial work platforms have made breakthroughs.

Liugong chairman Ceng Guangan told the twenty-first Century economic news reporter that from the end of March, the sales of excavators began to pick up. From April, the industry continued to grow and accumulated a lot of demand during the epidemic period. Therefore, demand was gradually released. On the other hand, new marketing methods such as live broadcasting and goods were also in line with the needs of customers. "In addition to excavators, other types of construction machinery products will also grow slowly. In the future, expanding domestic demand and investment will also have a stimulating effect on the demand for construction machinery."

BOC securities expects that with the downstream acceleration of resumption of production, the demand for construction machinery products such as excavators, concrete pump trucks and truck cranes will be released in the two quarter, and the domestic supercyclical regulation will be intensified. The construction machinery industry in the two quarter will continue to maintain a high profile.

The excavator surged nearly 7 percent.

According to the statistics of China Construction Machinery Industry Association, in May this year, domestic enterprises sold 31 thousand and 700 excavators, an increase of 68% over the same period last year. Among them, domestic sales of 29 thousand and 500 units, an increase of 76.3% over the same period, and export sales of 2223 units, an increase of 3.3% over the same period last year.

In 1-5 months, the sales volume of excavators in domestic enterprises totaled 145 thousand and 800 units, an increase of 19.4% over the same period. Among them, domestic sales of 134 thousand and 200 units, an increase of 19.4% over the same period, and export sales of 11 thousand and 600 units, an increase of 20.7% over the same period last year.

From the perspective of product classification, small excavators continue to lead the market. In May, sales of domestic small excavators amounted to 17 thousand and 800 units, up to 83.7% over the same period of last year, and sales volume of medium and large excavators were 7538 and 4161 respectively, up 70.2% and 60.8% respectively.

In the first half of May this year, domestic small dig accumulated sales volume of 84 thousand and 100 units, an increase of 23.7% over the same period, and the cumulative sales volume of medium digging and big dig were 33 thousand and 500 and 16 thousand and 600 respectively, up 14.6% and 9.6% respectively.

In fact, the sale of excavators was not ideal this year due to the epidemic. According to statistics of China Construction Machinery Industry Association, from January 2020 to March, 25 host manufacturing enterprises were included in statistics, and a total of 68630 kinds of mining machinery products were sold, up -8.2% over the same period.

"From the end of March, the demand for excavators began to be released. The industry has been growing rapidly since April. Zeng Guang an told reporters on twenty-first Century economic report.

Su Zimeng, Secretary General of the China Construction Machinery Association, said that the sales season of excavators is 3 and April every year. At present, the construction machinery industry chain upstream and downstream enterprises to resume production and vigorously promote, and drive the sales volume of excavators beyond expectations.

In April, the 25 excavator manufacturers included in the Association statistics sold 45 thousand and 400 excavators, an increase of 59.9% over the same period last year.

GF Securities pointed out that in the 4-5 month of this year, the state and sales state of the excavator industry are continuously strengthening. For example, the opening hours of Komatsu excavator show that in 4-5 months, the number of domestic excavators started to reach 140-150 hours, and the year-on-year growth rate has turned to a positive growth. This is the first consecutive two month positive growth rate for Komatsu excavators since 2019.

Prior to that, Shi Shengyong, deputy general manager of Shandong temporary works, also said that sales of all types of machines were very good, and excavators could be described in short supply, and many orders were still placed in their hands, as well as customers who chose to give up because they could not afford to buy them.

In addition to demand release, the change in the marketing form of construction machinery has also led to an increase in sales of excavators and other products, such as the first global live broadcast of Ceng Guangan and chief scientist of Liugong, and 130 million yuan directly. Xugong hosted the second international customer festival in the form of live broadcasting. Only more than 400 products were sold in the Southeast Asian region, achieving 150 million sales. 。

According to the start up situation and the upstream production schedule, the state gold securities expects that the sales volume of excavators will increase by more than 60% in the 5-7 consecutive months in March. It is estimated that the annual sales volume of excavators will exceed 20%, of which the sales volume of Sany and Xugong enterprises is expected to exceed 30%.

GF Securities estimates that the number of domestic and foreign two emission standards is about 800 thousand units. If the machinery is eliminated in the next five years, the average replacement volume will reach about 160 thousand units per year. The demand for replacement is still relatively strong.

Boom continues to improve

In addition to the growth of excavators, other types of products in the construction machinery industry are also growing.

China Construction Machinery Industry Association decoration and aerial working machinery branch announced the statistics of the main production enterprises of the 9 lifting platforms, and in April 2020, 13585 elevating platforms were sold, an increase of 7449 compared with the same period last year, an increase of 121%. From 1 to April, a total of 26727 units were sold, an increase of 7964 compared with the same period last year, an increase of 42.4%.

In May, ZOOMLION tower crane production and sales exceeded 2000 units, up by 67% over the same period last May, and 1000 units of the lifter production and sales, an increase of nearly 100% compared with the same period last year.

ZOOMLION construction hoisting machinery company responsible person said, following the double high production and sales in April, in May, on this basis, ushered in sustained growth. In April, the first month of production and delivery of the tower crane exceeded two thousand points. In May, the monthly production and delivery of the lift reached the one thousand mark for the first time.

It is understood that tower cranes, construction lifts and other construction machinery products began to recover in 2017, sales in 2018 and 2019 continued to rise. Industry experts say that sales of all kinds of construction cranes will remain high in 2020, thanks to the upgrading of products and upgrading of environmental protection. In addition, the demand for tower cranes, especially medium and large tower cranes, has been increasing with the rise of dress matching structures.

Zeng Guang an analysis said that the resumption of business and industry has increased the demand for the construction machinery industry, and the country's macroeconomic policies are also conducive to the development of the industry.

"Stimulating domestic demand and investment to the demand for construction machinery is still relatively large, including urbanization, beautiful countryside construction, new capital construction, western development, and construction of big bay area, together with loose monetary policy, which is conducive to the development of the entire engineering industry. It is worth mentioning that, unlike before, the government is not blindly stimulating economic development, but supporting development through combined boxing. " Zeng Guang an pointed out to the twenty-first Century economic news reporter.

Not long ago, the Henan Provincial Department of ecology and environment held a special press conference on "winning the blue sky to defend war", and informed the situation of mobile sources pollution control. As of the end of 2019, Henan province had completed nearly 70 thousand sets of information collected from non road construction machinery, and the proportion of non road construction machinery in China's three emission stage was less than 20%, and the rest were machinery two and below, and the latter directly discharged seeds. There are no pollution control measures for particulate matter and nitrogen oxides, which are extremely harmful to the environment.

Henan province requires that before the end of June, it is necessary to complete the exploration and registration of transportation vehicles and non road mobile machines inside the mines, and urge the green mines to renew and use new energy vehicles. Before the end of October, Henan will complete the work of collecting and issuing information on non road mobile machinery. In addition, Henan will accelerate the development of 61 railway special lines, and the new line will be about 500 km.

BOC Securities pointed out that due to the impact of the epidemic, the construction machinery industry needs to be delayed, the epidemic will be accelerated after the release, coupled with the infrastructure economy, the industry boom will continue to maintain a high level. In the two quarter, the compensatory demand is gradually released, and the superimposed reverse cycle regulation is intensified. The performance of the leading enterprises of construction machinery will return to the high growth track.