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The last three years saw a peak in sales, but volumes should remain relatively high and China looks likely to continue to be the largest paver market in the world.
Policy drivers and the availability of products are expected to drive a sharp increase in sales of medium-sized electric wheeled loaders in China. However, it will also remain the largest market for traditional diesel-powered loaders for the foreseeable future.
There is no tradition of using backhoe loaders in China, and sales have never risen above a few hundred units per year. However, backhoe loader production is an order of magnitude greater.
Our database of sales by year, buy equipment type, by customer group has now been extended from its original European coverage to include India and China.
Full data for 2021 and updated forecasts are now available to subscribers to the Chinese Database Service
The ALL COMPANIES data line has been replaced with a DEMAND FORECAST to help prevent errors when configuring analysis tools such as Excel Pivot Tables
With the road construction market in China moving more towards repair and maintenance, rather than new build, the country’s grader producers are likely to put more emphasis on overseas sales in the coming years.
Hydraulic excavator demand in China hit an unprecedented high last year while the first few months of 2021 also saw some staggering sales figures. More sustainable levels have been seen in recent months, signalling the start of a slowdown.
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