Sales of Major Engineering Machinery Products in China in February 2024

Excavators

In February 2024, a total of 12,608 excavators were sold, representing a 41.2% year-on-year decrease. Of these, 5,837 were sold domestically in China, showing a 49.2% decline. The remaining 6,771 were exported, with a 32% year-on-year decrease. Additionally, in January and February 2024 combined, a total of 24,984 excavators were sold. Among these, 11,258 were sold within China (a 24.6% decrease), and 13,726 were exported (a 19.1% decrease). Notably, in February 2024, two electric excavators were sold—one in the below 6-ton category and the other in the 18.5 to 28.5-ton category.

Loaders

In February 2024, a total of 6,495 loaders were sold, reflecting a 32.6% year-on-year decline. Of these, 2,763 were sold domestically in China (a 50.4% decrease), while 3,732 were exported (an 8.44% decrease). For the combined months of January and February 2024, a total of 14,297 loaders were sold. Among them, 6,507 were sold domestically (an 18.6% decrease), and 7,790 were exported (a 5.09% decrease). Furthermore, in February 2024, a total of 298 electric loaders were sold, distributed as follows: 1 in the below 3-ton category, 257 in the 5-ton category, 36 in the 6-ton category, and 4 in the 7-ton category.

Graders

In February 2024, a total of 507 graders were sold, marking a 16% month-on-month increase. Of these, 69 were sold domestically in China (a 16.9% decrease), while 438 were exported (a 23.7% increase).

Mobile Cranes (Truck-Mounted)

In February 2024, a total of 1,480 mobile cranes were sold, experiencing a 43.6% year-on-year decrease. Of these, 897 were sold domestically in China (a 55.9% decrease), and 583 were exported (a 1.19% decrease).

Crawler Cranes

In February 2024, a total of 217 crawler cranes were sold, showing a 32.4% year-on-year decrease. Of these, 60 were sold domestically in China (a 56.5% decrease), while 157 were exported (a 14.2% decrease).

Rough Terrain Cranes

In February 2024, a total of 1,700 rough terrain cranes were sold, with a slight 0.06% month-on-month increase. Of these, 1,280 were sold domestically in China (a 4.9% decrease), and 420 were exported (a 19% increase).

Tower Cranes

In February 2024, a total of 433 tower cranes were sold, experiencing a significant 68.8% year-on-year decrease. Of these, 307 were sold domestically in China (a 76.8% decrease), while 126 were exported (a 100% increase).

Industrial Vehicles

In February 2024, a total of 68,042 forklifts were sold, reflecting a 34.2% year-on-year decrease. Of these, 41,557 were sold domestically in China (a 43.7% decrease), and 26,485 were exported (a 10.8% decrease).

Rollers (Compactors)

In February 2024, a total of 955 rollers (compactors) were sold, showing a 31.7% year-on-year decrease. Of these, 314 were sold domestically in China (a 51.9% decrease), while 641 were exported (a 14% decrease).

Pavers

In February 2024, a total of 69 pavers were sold, experiencing a 38.9% month-on-month decrease. Of these, 47 were sold domestically in China (a 50.5% decrease), while 22 were exported (a 22.2% increase).

Aerial Work Platforms

In February 2024, a total of 10,609 aerial work platforms were sold. This represents a 45.4% year-on-year decrease. Of these, 5,158 were sold in the domestic Chinese market (a 58.3% decrease), while 5,451 were exported (a 22.8% decrease).

High-Altitude Operation Vehicles

In February 2024, a total of 258 high-altitude operation vehicles were sold. This indicates a slight 0.78% year-on-year increase. Among these, 245 were sold domestically in China (a 3.54% decrease), while the export market saw an increase of 11 units, totaling 13 exported vehicles.