Occupancy Index

The rental rate of aerial work platforms in July 2023 was 741 points, up 1.9% month-on-month and 3.1% year-on-year. In July, except for the 30-35m and above 40m models, the rental rates of all other models increased month-on-month. Among them, the average rental rate of ≤6m scissor platforms returned to above 80%, the rental rate of 26-28m models increased by 4.3% month-on-month, and the rental rate of 20-24m models increased by 3.8% month-on-month. Compared with the same period in 2022, the rental rates of boom-type platforms above 30m were slightly lower, with the largest drop being 30-35m models, reaching 5%. On the other hand, the rental rates of all models below 28m showed an upward trend year-on-year. Among them, the rental rate of 8-12m models increased by 12.9% compared with the same period in 2022, the highest increase; the rental rate of ≤6m scissor platforms increased by 7.8% year-on-year, and the rental rates of other models slightly increased year-on-year. (The rental rate is calculated based on the number of days per unit, and a 100% rental rate corresponds to 1000 points.)

Occupancy rate index of lifting working platform leasing industry in July 2023

Rental Price Index

According to the reported data statistics, the rental price index of aerial work platforms continued to decline slightly month-on-month in July 2023, with a decrease of 0.6%, and a decrease of 10.9% compared with the same period in 2022. Except for the 8-12m scissor platforms and the 30-35m and 36-39m boom-type platforms, which had stable rental prices month-on-month, all other models showed a general decline month-on-month. Compared with the same period in 2022, the rental prices of all models showed a general decline, among which the ≤6m scissor platforms and the above 40m boom-type platforms had the largest year-on-year decline in rental prices, which were 14.5% and 13% respectively, and the 26-28m models had the smallest year-on-year decline in rental prices, which was 7.9%.

Rental price index of lifting working platform leasing industry in July 2023