【Excavator Sales Up YoY in 2024】According to statistics from the China Construction Machinery Association, in December 2024, major excavator manufacturers sold 19,369 units, up 16% YoY, including domestic sales of 9,312 units (up 22.1% YoY) and exports of 10,057 units (up 10.8% YoY).
In 2024, a total of 201,131 excavators were sold, up 3.13% YoY, including domestic sales of 100,543 units (up 11.7% YoY) and exports of 100,588 units (down 4.24% YoY). In December 2024, 9 electric excavators were sold (8 units below 6 mt, 1 unit in the 18.5-28.5 mt range).

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