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According to the latest data, in November, the sales volume of excavators was 6657 units, which was a decrease of 25.3% year-on-year, and the decline rate was narrowed by 7.4 percentage points from the previous month and an increase of 12.4% from the previous month. Relevant experts said that the recent availability of funds for infrastructure projects such as farmland water conservancy projects and high-speed rail projects will make sales in November surpass expectations. Therefore, industry professionals have a high degree of enthusiasm and hope for the pick-up of construction machinery next year, and it is expected that the extent of mechanical excavation next year can be less than 20%.
Can the construction machinery industry turn around in 2013?
Excavator over expectation in the cold November gave the industry a brighter outlook in the trough. However, engineering machinery is really on this one? The fact that the spring of construction machinery is really coming when we can rely on one month or two months of narrow sales decline can be determined? For the future construction machinery market, generally speaking, we all look at whether the downstream environment is picking up and the market data in the coming months. Only an analysis of sub-rationality and the state's support for infrastructure can not be determined. Xiao Bian gave the industry companies a warm reminder that the year-on-year sales of construction machinery did not increase continuously, and the downstream investment environment did not end at the regular time. The market input of products needs to be cautious.
According to the data released in June, excavator industry sales in May was about 11,183 units, a decrease of 24.0% year-on-year, and the decline was smaller than the 42% in the previous four months, a drop of about 29% from the previous quarter. Judging from most of the comments at the time, the year-on-year decline in mining machinery has narrowed, and market demand has improved slightly. Some industry analysts believe that the trend of the bottoming out of the construction machinery industry has been established in the context of a clear recovery in infrastructure investment and an increase in the probability of new projects exceeding expectations. The cumulative stimulatory effect of strong infrastructure investment will be gradually reflected, while the sales base is also falling gradually. The year-on-year growth rate is expected to be further improved in June.
According to statistics released in July, 28 major excavator manufacturers sold 8,287 excavators in June, a decrease of 24% from the previous month and a year-on-year decrease of 21%. It is expected that the earth-moving machinery will gradually recover moderately from August to September in the wake of the acceleration of infrastructure investment in the downstream and the loosening of funds.
However, in July, excavator sales fell by 23.21% year-on-year; in August, excavator sales fell by 30.12% year-on-year; in September, excavator sales fell by 33.41% year-on-year.
From the above data, the narrowing of the decline in May did not bring back the entire industry. Therefore, the narrowing decline in excavation machinery sales in November does not mean that the industry will rebound in the short term.
It is understood that the overall industry demand level of construction machinery in November is still weak, and the improvement in the chain ratio is weaker than the seasonal effect. Although the policy pull will bring about a new round of recovery of construction machinery, but whether the funds are in place, can we decide whether the infrastructure construction can be started on time. If we hold the hope of capital construction warming up, and the funds will repeat the situation in May, I believe that it is only a joy to the air. In addition, it is difficult for the agents to face the current economic and market difficulties. The future construction machinery market may be good in the short term, but it cannot be easily interrupted.