China’s domestic excavator sales down in Oct y-o-y
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China's domestic excavator sales down in Oct y-o-y
According to the statistics of 26 excavator manufacturers by China Construction Machinery Industry Association, in October 2022, 20,501 excavators of various types were sold, a year-on-year increase of 8.1%, of which 11,350 were domestic, a year-on-year decrease of 9.91%; and 9,151 were exported, a year-on-year increase of 43.8%.
From January to October 2022, a total of 220,797 excavators were sold, a year-on-year decrease of 26%; of which 131,340 were domestic, a year-on-year decrease of 46.4%; and 89,457 were exported, a year-on-year increase of 67.3%.