China’s domestic excavator sales in Mar to be approximately between 13,000 and 14,000 units

In March 2024, China’s domestic sales of excavators were approximately between 13,000 and 14,000 units, surpassing the mid-March forecast of 12,000 to 13,000 units.

Many industry insiders have adjusted their expectations for this year as the bottoming out period of the domestic market, and the upward inflection point of the time pushed to March 2024. The market bottomed out at approximately 80,000 units.

In March alone, excavator exports came to around 10,000 units. It was anticipated that overseas inventory will be close to depletion.

27 Mar 2023 reported by Machinery News