In February, excavator sales of 24483 units fell 13.5% from a year earlier.

According to the statistics of 26 excavator manufacturers by the China Construction Machinery Industry Association, 24483 excavators of all kinds were sold in February 2022, down 13.5 percent from the same period last year, of which 17052 were domestic, down 30.5 percent from the same period last year, and exports were 7431, an increase of 97.7 percent over the same period last year.

From January to February 2022, a total of 40090 excavators were sold, down 16.3 percent from the same period last year, of which 25330 were domestic, down 37.6 percent from the same period last year, and exports were 14760, up 101 percent from the same period last year.

Figure 1: an overview of China's excavation machinery market

Figure 2: general situation of domestic excavating machinery market