Construction machinery enjoys going 'outward'

Release date 2024-12-05 14:47:50 Reading 0

　　Construction machinery enjoys going 'outward'used excavator for sale

　　Recently, with the loud and powerful whistle, a Chinese giant ship carrying nearly a thousand XCMG excavators, loaders, graders and other construction machinery products set sail from Lianyungang Port in Jiangsu Province and headed to South America. This is the largest single batch export order of China's construction machinery industry in the past five years, playing a resounding song of the rise of Chinese manufacturing overseas.used excavator for sale

　　Lv Ying, Deputy Secretary General of the China Construction Machinery Industry Association, told reporters that since the beginning of this year, overseas exports of construction machinery have continued to exceed expectations. In the future, with the gradual optimization of sales and financing channels, leading domestic construction machinery enterprises are expected to enter a harvest period in overseas markets.used excavator for sale

　　Export trade volume hits a historic highused excavator for sale

　　Since the beginning of this year, domestic construction machinery manufacturers have been extremely busy, often operating at full capacity from production workshops to sales channels, with orders from both domestic and foreign sources filling the schedule.used excavator for sale

　　On the visual screen of Sany Logistics Company, shining "in transit orders" lines densely connect China with various parts of the world. Huang Dong, the head of the International Business Department of Sany Logistics Company, introduced that more than 3000 devices have been delivered throughout June, which is extremely busy.

　　Behind the busy delivery of orders is a 'quite attractive' overseas business.used excavator for sale

　　In the first half of this year, Sany Group's international sales revenue increased significantly by 80% year-on-year, achieving growth in sales revenue in most major markets. Among them, there are 50 countries and regions with growth rates exceeding 100%, including developed countries such as France and Russia, as well as developing countries such as India, Indonesia, and Vietnam, with high development quality.used excavator for sale

　　XCMG, also a leader in construction machinery, has achieved impressive export results. "In the first half of the year, XCMG's exports increased by more than 70% year on year." Lu Chuan, president and deputy secretary of the Party Committee of XCMG Construction Machinery Co., Ltd., said that at present, XCMG's products have spread to 187 countries and regions around the world, covering 97% of the countries along the "the Belt and Road", of which the export share of 30 countries ranks first.

　　According to customs data, the export value of construction machinery in China from January to June 2021 was 15.071 billion US dollars, a year-on-year increase of 54.9%. The export volume for June was 3.156 billion US dollars, a year-on-year increase of 94.8%.used excavator for sale

　　In the first half of the year, the total export value exceeded 15 billion US dollars, with a growth rate of over 50%, which is 46.2% higher than the historical high of the first half of 2019. Lv Ying said that the growth rate in the second quarter was significantly higher than that in the first quarter, with a growth rate of 61.9%, 15 percentage points higher than that in the first quarter. Especially in June, the export volume reached a record high of 3 billion US dollars for the first time, nearly doubling compared to the same period last year.used excavator for sale

　　In terms of quantity, all categories of construction machinery products are growing. At the enterprise level, both domestic and foreign-funded enterprises are experiencing rapid export growth, with large enterprises such as Sany and XCMG showing significant growth, and small supporting parts enterprises also growing.

　　Regarding the reasons for the comprehensive growth, Lv Ying analyzed that it was the convergence of multiple factors that formed an unexpected export peak. On the one hand, relatively speaking, the global construction machinery industry has a relatively long industrial chain, and the epidemic has disrupted the normal supply chain. On the other hand, China's industrial chain is relatively complete, and the marketing and service systems of enterprises overseas are becoming more and more perfect and effective. On the other hand, due to factors such as economic recovery after the pandemic in the international market, there is a strong demand for construction machinery in the international market. In addition, the rise in prices of commodities such as steel and coal has driven mining, further boosting the demand for construction machinery. In addition, the relief policies under the background of the epidemic are also helpful for enterprises.used excavator for sale

　　To enter the international market, we need to use a combination of punchesused excavator for sale used excavator for sale used excavator for sale

　　Behind the significant increase in the export of construction machinery is solid product reliability, and more importantly, a steady combination of punches in the international market.used excavator for sale used excavator for sale used excavator for sale

　　XCMG is firmly committed to promoting the localization strategy of key overseas regions, deeply cultivating major battlefields such as Africa, Southeast Asia, West Asia, and Central Asia, leveraging the radiation effect of European R&D centers and Brazilian manufacturing bases on the high-end market, and building an efficient global collaborative system in technological innovation, talent cultivation, and market development.used excavator for sale

　　Lu Chuan frankly stated that in the future, XCMG will continue to resolutely promote its internationalization main strategy, but the expansion of international markets does not rely on the enterprise's individual efforts, but on the deep integration of the supply chain, industrial chain, and value chain.used excavator for sale

　　Sany has also made significant progress in service capacity building, agent system construction, service accessory system construction, and digital work since the beginning of this year through innovative measures such as enriching channel models and supporting domestic agents to go global.

　　Lv Ying stated that with the development of China's construction machinery industry, there is no absolute capability gap between domestic brands and international brands. However, due to the brand positioning formed in the international market for a long time, domestic brands still face considerable challenges in moving from China's leading brands to global leading brands.used excavator for sale

　　From a regional perspective, the largest market for exports is Asia, accounting for half of the export volume, while the second largest market is Europe, with export volume slowly increasing. The market size in Africa and South America is limited, while international brands have a long history of entry and their advantages are even more evident.used excavator for sale used excavator for sale used excavator for sale used excavator for sale

　　It can be said that currently, China's construction machinery is still in the exploratory stage in overseas markets. Lv Ying believes that in terms of accumulating experience, cultivating teams, establishing brands, clarifying ideas, and changing concepts, none of the domestic construction machinery enterprises have been absolutely in place, and none have made any progress, but overall they are uneven.used excavator for sale used excavator for sale

　　He said that domestic enterprises have started exploring multiple routes, such as establishing local brands, building factories abroad, and localizing operations. No matter what method is used to explore, and no matter what the final result is, as long as the energy is used, there will definitely be progress, which is the "spark".

　　In addition, Lv Ying also pointed out that if the construction of overseas financial platforms, leasing platforms, and second-hand machinery trading platforms can be promoted, it will greatly assist Chinese construction machinery enterprises in "going global".

　　Facing the test of growth rate during the business cycleused excavator for sale used excavator for sale used excavator for sale

　　The hot sales situation is certainly pleasing, but can this trend continue?

　　The construction machinery industry has been recovering since the second half of 2016. If calculated according to the industry's original cycle of about 5 years, the industry will enter an adjustment cycle in 2021 or 2022.

　　Sany Heavy Industry President Xiang Wenbo believes that there are still some cyclical factors in the construction machinery industry. After several years of rapid growth, the sales volume of excavators in China reached a historic high last year, exceeding 330000 units, and has increased again this year. What concept is this? The sales volume of excavators in China has approached the total sales volume of all other countries outside of China.used excavator for sale used excavator for sale

　　In the second half of the year, I believe the growth rate will definitely decline. "Xiang Wenbo predicts that the growth rate should remain stable or slightly increase throughout the year. From the perspective of the development law of the construction machinery industry, this adjustment in growth rate is reasonable.

　　In Lv Ying's view, the trend of export growth is still uncertain because the prices of commodities have not come down and there is a demand for heating after entering winter, which will increase coal consumption. If there were no other influencing factors, the export of construction machinery is likely to achieve a very significant increase this year.used excavator for sale used excavator for sale used excavator for sale

　　If we talk about cycles, we need to reposition ourselves, "said Lv Ying. The market is so big that it cannot always grow at a high speed. There will definitely be several months in the second half of the year where the growth rate will decline. At present, the international export volume is not on the same order of magnitude as the domestic market size, making it difficult to fill the gap of slowing domestic growth, but it can play a certain balancing role.used excavator for sale used excavator for sale

　　Regarding market concerns, Lv Ying also provided a reassurance pill. This year, the industry will not experience a cliff like decline, "he said. Construction machinery companies that have gone through the previous cycle are mentally prepared and wary of the industry cycle, and will not recklessly invest like they did in the previous round. As long as you are prepared, the impact is limited

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