The rental rate of aerial work platforms in September 2023 was 713 points, slightly down by 2.99% month-on-month and 14.71% year-on-year. The rental rates of three types of machines, 8-12m, 20-24m, and 26-28m, increased month-on-month, among which: 8-12m had the largest increase of 4.53%; ≤6m, 14-16m, 30-35m, 36-39m and above 40m rental rates all declined month-on-month, with 36-39m having the largest drop of 12.23%. Compared with the same period last year, the rental rates of all types of machines participating in the statistics in September showed different degrees of decline, among which, 14-16m and 20-24m had the largest year-on-year declines, both exceeding 22%. (The rental rate is calculated based on the number of days per unit, and a 100% rental rate corresponds to 1000 points.)

Rental Rate Index of Aerial Work Platform Leasing Industry in September 2023

 

Rent Price Index

According to the reported data statistics, the rent price index of aerial work platforms in September 2023 decreased by 2.75% month-on-month. The rent price indexes of all types of machines participating in the statistics showed different degrees of decline month-on-month, among which 8-12m had the largest decrease of 8.36%, and 30-35m rent price index slightly declined, basically remaining stable. The rent price index of aerial work platforms in September decreased by 7.61% compared with the same period in 2022. The rent prices of all types of machines showed a general downward trend year-on-year, among which ≤6m and above 40m had the largest year-on-year declines, both exceeding 11%.

Rent Price Index of Aerial Work Platform Leasing Industry in September 2023

Starting from August, the Construction Machinery Leasing Branch optimized the calculation method and statistical application of the aerial work platform prosperity index according to the needs of data statistics work, revised the existing data, and added a new indicator: payment cycle. In the later stage, it will continue to improve the statistical indicators and methods, in order to more scientifically and accurately reflect the market situation for reference by industry enterprises.