"Rise" continues to analyze the sales of major construction machinery products in February

There is nothing more joyful than the news that the sales of various types of construction machinery products have continued to rise since the beginning of spring in 2017, and the construction machinery industry from the fourth quarter of 2016 can be described as "the mountain is poor and the waterway is doubtful, and the willows and flowers are bright and a village". Construction machinery enterprises have also been unprecedentedly from a few years ago to the first time this year to start recruiting, the industry is vibrant, and the signs of recovery are obvious.

Sales of major domestic construction machinery products in February

Sales of major domestic construction machinery products in February

How hot is the sales of construction machinery products? The data* speaks for itself. In February 2017, the total sales volume of domestic excavators was 14,530 units, a year-on-year increase of 297.65%, and the growth rate set a record of 5,661 in a single month, far exceeding market expectations. Growth is between 250-400% in many provinces. In terms of enterprises, the excavator sales of leading Sany Heavy Industry exceeded 3,600 units in February (the company's record of February sales in February, surpassing 2011), a year-on-year increase of more than 360%.

In the loader sector, 26 major domestic loader manufacturers sold a total of 7,012 loaders of various types in February, a year-on-year increase of 110%; In terms of tonnage, the sales volume of loaders of 3 tons and above was 6,361 units, a year-on-year increase of about 114%, accounting for 90.72% of the total sales volume; The sales volume of small packaging below 3 tons was 651 units, a year-on-year increase of 77.38%. From a regional point of view, the sales volume in Shandong Province reached 5,661 units, reaching 315 units.

In February, 10 major bulldozer manufacturers in the country sold a total of 470 bulldozers of various types, an increase of 85.04% compared with 254 units in February 2016; A total of 368 bulldozer products with 160 horsepower were sold, accounting for 78.30% of the total sales, becoming the main model for sales growth this month; In terms of regional markets, Anhui was far ahead with 58 units in sales, ranking 5656 in the month, followed by 39 units in Hubei, 25 units in Jiangsu, and 23 units in Shandong.

Motor gradersSales are also steadily improving. In February, 11 grader manufacturers included in the statistics sold a total of 279 graders, an increase of 64% compared with 170 units in February last year.

In February, the 22 major enterprises participating in the statistics sold a total of 950 road rollers, including 23 static rollers, 73 tire types, 389 mechanical single drums, 163 full hydraulic single drums, 134 double drums, 162 light equipment, 3 garbage compactors and 3 other types. In the first two months of 2017, a total of 1,579 units were sold, an increase of 42% compared to 2016.

The essence behind the booming sales is the pull of construction demand

On February 3 and 8, 2017, the two executive meetings of the State Council have made requirements for major projects during the year, and it is expected that the total investment in 2017 will be 45 trillion yuan, and the investment in railway construction, highway and water transportation will reach 2.6 trillion yuan. The Ministry of Communications also said that the investment in fixed assets in transportation during the 13th Five-Year Plan is expected to reach 15 trillion yuan, an increase of about 2.5 trillion yuan over the 12th Five-Year Plan. The sharp increase in sales of construction machinery products mainly benefited from the continuous growth of national infrastructure investment, including large-scale projects, rural infrastructure construction and other infrastructure projects.

In addition, the need to update equipment is also reflected. The life cycle of this kind of large-scale machinery and equipment is about 6 to 10 years according to different working conditions, and many equipment in a round of sales peak around 2010 have entered the update cycle, but in essence, it is mainly the role of construction demand, after all, "equipment renewal demand is also based on the demand for production and construction". With the successive start of infrastructure projects, the construction machinery market will continue to recover in 2017.

PPP projects have laid a strong foundation for the recovery of the industry

According to the fifth quarterly report recently released by the PPP Center of the Ministry of Finance, at the beginning of 2016, the number of PPP projects and the amount of investment were 6,997 and 8.1 trillion yuan, respectively, and by the end of December, the two figures were 11,260 and 13.5 trillion yuan, respectively, and the number of projects and investment have increased significantly, increasing by 61% and 66% respectively. From the perspective of the geographical distribution of landing projects, there are 222 in Shandong, accounting for 16.4% of the total number of landing projects; Xinjiang 146, accounting for 10.8%, ranked second; It was followed by 88 in Zhejiang, 81 in Sichuan, and 77 in Henan. As the government vigorously promotes the start of PPP projects and the start of projects in various provinces, infrastructure construction may accelerate in the future.

A variety of factors work together to drive the industry "warm"

Infrastructure and PPP projects are two major factors to promote the recovery of the industry, in addition, the Belt and Road to drive the growth of production, in 2016, Chinese enterprises along the Belt and Road countries direct investment of 14.53 billion US dollars, foreign contracted projects signed new contracts of 126.03 billion US dollars, these engineering investment will be transformed into real demand for construction machinery; It will gradually drive the demand for construction machinery and equipment in the mine; Since April 1, 2016, industry enterprises have completely stopped selling construction machinery equipped with national II. diesel engines. The mandatory implementation of the China III standard will also make a large number of existing equipment out of use, making room for new equipment. With the beginning of the market effect of the policy, in 2017, the construction machinery industry will usher in a wave of "replacement tide"; In 2016, housing prices rose, real estate companies expanded to acquire land, and gradually entered the construction cycle, which will also drive the increase in sales of construction machinery products; From international factors, the depreciation of the renminbi has brought about an increase in export competitiveness; Since taking office, Trump has made large-scale infrastructure construction one of the main elements of his governance framework, and the scale of investment is widely expected to be between 500 billion and 1,000 billion US dollars. As the world's leading infrastructure construction country, China can also get a piece of the pie.

Driven by many favorable factors, China's construction machinery industry ushered in a long-lost "spring", and even sold out of stock, "a machine is hard to find" phenomenon. The industry recovery is exciting, but Xiaobian thinks it should be viewed rationally, does this series of signs mean that China's construction machinery industry, which has experienced a trough in the industry in the past five years, has bottomed out and ushered in the "spring" of the industry? How long has this popularity lasted? Will there still be problems such as overcapacity? While cheering, we also need to think calmly about these questions.