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25 main manufacturers sold 203,420 excavation machinery products in 2018      [2019-01-17]

According to the statistics of Excavation Machinery Branch of CCMIA (China Construction Machinery Industry Association), 25 main manufacturers included in the statistics from January to December in 2018 sold 203,420 excavation machinery products, an increase of 45.0% over the same period last year. Domestic market sales were 184,190 units, up 41.1% year-on-year. Export sales were 19,100 units, up 97.5% year-on-year.

 

The robust growth lies mainly in small machines. In the late part of 2018, the slow-down is possibly due to trade disputes with US. CLIK forecast that the sales in 2019 may decline by 20-30% owing to the slowing China's economy and the lack of confidence in investment.

 

Learn more: www.clikuc.com


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