In September this year, China’s excavator sales are expected to amount to 16,000 units, down 25 percent year on year, as announced by China-based Construction Machinery and Equipment (CME).
In particular, in September, excavator sales in the Chinese domestic market will likely reach 6,500 units, down 38 percent year on year, while excavator sales to the export markets are foreseen to total 9,500 units, down 10 percent year on year.
Demand from the construction industry and the real estate sector has remained weak, while the forecast for the real estate industry is more optimistic than before due to the stimulus measures issued by Chinese policymakers.
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