News summary
Domestic sales of excavators increased by 13% year-on-year in Aprilgalaxybingo, exceeding expectations, the construction machinery industry showed a resonant growth trend at home and abroad.
Newsletter text
[Domestic sales of excavators in April increased by 13% year-on-year, exceeding market expectations]
Construction machinery industry in AprilgalaxybingoSales data shows a positive development trend. As an important indicator of the industry, sales volume of excavators reached 18822 units in April, achieving 0galaxybingo.3% year-on-year growth.
It is particularly worth mentioning that the domestic sales of excavators reached 10782 units, an increase of 13% year-on-yeargalaxybingo.3%, which exceeded previous expectations of the China Construction Machinery Industry Association (CME), which had shown that the market was flat.
Although the export volume of excavators was 8040 units, a year-on-year decrease of 13.2%, the growth of domestic sales shows strong demand for construction machinery in the domestic market, indicating that the industry may be experiencing a resonance phenomenon between domestic and foreign demand.
Under the influence of resonance at home and abroad, the construction machinery industry is expected to continue to maintain growth momentum, which is a positive signal for secondary market investors.