Construction machinery operating rate and sales gradually recover

Release date 2026-05-14 14:26:32 Reading 0

used excavator Mining machinery companies have announced price increases one after another

Starting from May 20th, Liugong excavator will increase the price of excavation machinery products by 5%

Starting from June 1st, Mr. Xu's excavator will coordinate prices for different key products by three to five percentage points

Starting from May 15th, three heavy machinery companies will increase the prices of their excavator products by 5%

Katnale will implement a 3% to 5% surcharge on some key models in March, and plans to conduct a second round of price increases in July

Xiaosongshu raised prices for excavators by 7% and loaders by 8% in February, and confirmed that it will increase prices for all types of construction machinery by an additional 5% in August

used excavatorKubota raised the prices of small equipment by 4% and 3% respectively in January and April this year, and is expected to make its third adjustment in the third quarter

Remembering Xia Zihang

This price increase notice is mainly aimed at the domestic sales market, while overseas markets have another set of value standard systems, "said a relevant person from a leading construction machinery enterprise to Shanghai Securities Depository on May 11th.

Recently, three groups, Xuzhou Construction Machinery and Liugong, have issued notices of excavator price increases, with a price increase of around 5%. The price increase is expected to be implemented in mid five months or just in June. At the same time, international engineering machinery giants such as Carter also raised prices one after another.

used excavatorThe sustained rise in the industry's prosperity is due to the adjustment of prices by leading construction machinery companies, in addition to the elimination of factors such as rising raw material prices. According to a research report by Kuanfa Securities, the current construction machinery industry is experiencing a trend of synchronous upward cycles both domestically and internationally. Domestically, relying on the recovery of construction, the promotion of major infrastructure projects, and the support of local debt funds, the quality of demand growth within the industry continues to improve; Overseas, with the resonance of global demand, cyclical recovery in the European and American markets, and high prosperity in the mining industry in Africa, export demand has remained strong.

Various excavators are raising prices one after another

Recently, Liuzhou Liugong Excavator Co., Ltd., a subsidiary of Liugongused excavator, issued a notice on the price adjustment of Liugong excavator machinery products, announcing a 5% increase in the price of excavator machinery products from May 20, 2026.

Liugong Excavator stated that recently, due to the impact of the global economic situation, the prices of major raw materials such as steel and oil have continued to rise, putting cost pressure on OEMs and suppliers. To ensure the sustainable and healthy development of enterprises, price adjustments have been decided after research, while maintaining investment in technological innovation, adhering to product quality, and improving service systems.

On the 8th of the fifth month, Xuzhou Xudao Machinery Engineering Co., Ltd., a subsidiary of Xuzhou Construction Machinery, issued a notice on the price adjustment of Xu Workers' excavator machinery products, stating that with the continuous rise of bulk raw materials and labor costs, host manufacturers and suppliers are facing cost pressure. Xu Workers is committed to promoting the high-quality development of the excavator manufacturing industry, always adhering to the concept of "customer-centric". In order to ensure continuous innovation and research and development investment, and to provide customers with high-quality, high-performance products and further perfect intimate services, after research and decision, starting from June 1st, the price of different key products will be coordinated by three to five percentage points.

Starting from May this year, Sany Heavy Machinery issued a "Notice to Customers", announcing a 5% price increase for its excavator machinery products from May 15, 2026.

used excavatorThis is not the first time these three groups have adjusted their prices this year. Starting from 2026, three pump road machinery companies under three groups in Hunan have raised the prices of concrete machinery (pump trucks, mixer trucks, and mixing plants) by 3% to 5%; Three robot technologies raised the prices of related electric balance weight products by 5% to 10% on February 1st.

It is worth noting that since the beginning of this year, international construction machinery giants have also raised their prices. Carter will implement a 3% to 5% surcharge on some key models in March 2026 and plans to conduct a second round of price increases in July. In February, Xiaosongshu raised the prices of excavators by 7% and loaders by 8%, and confirmed that it will uniformly increase the prices of all types of construction machinery by 5% in August 2026. Kubota raised the prices of small equipment by 4% and 3% respectively in January and April this year, and is expected to make its third adjustment in the third quarter.

Although the price adjustment is mainly affected by the rise in raw material prices, this round of price adjustment also means that the price war of excavators and other equipment has temporarily come to an end, which is conducive to the high-quality development of the construction machinery industry, "said a person in the construction machinery industry.

used excavatorConstruction machinery operating rate and sales gradually recover

At present, the operating rate and sales data of the construction machinery industry are gradually recovering.

used excavatorAccording to data released by the China Construction Machinery Industry Association, the average monthly working hours of the four main products of construction machinery are currently 2.2 hours, an increase of 10.9% compared to the previous month. Among them, the excavator is planned for 1 hour. The monthly operating rate of the four main products of construction machinery was 53.4%, a month on month increase of 2.84 percentage points. Among them, the operating rate of excavators was 57.1%, an increase of 2.2 percentage points from the previous month, reaching the highest level of the year.

The "Central Watch Finance Mining Machinery Index" jointly created by Sany Heavy Industry, Shugen Technology, and others shows that the average operating rate of construction machinery in China in the first quarter was at the bottom 40%. In the first quarter, the workload of construction machinery in 10 provinces increased year-on-year, with half of them in western provinces. Against the backdrop of rapid implementation of major projects such as Western Development, energy and water conservancy, and computing power, the western region has become a growth pole for investment and construction in the country, with efficient project implementation, high construction intensity, and strong recovery resilience.

used excavatorAs the operating rate increases, the domestic and international sales of construction machinery and equipment such as excavators are gradually becoming hot.

According to statistics from major excavator manufacturers answered by the China Construction Machinery Industry Association, 28745 excavators of various types were sold in April 2026, with a more significant year-on-year growth of 8%. Among them, the domestic consumption was 16920 units (including 11 electric excavators), with a year-on-year growth of 0.9%; Exported 11825 units (including 16 electric excavators), a year-on-year increase of 0.2%.

The data also shows that from January to April 2026, the above-mentioned enterprises jointly sold 102081 excavators, a year-on-year increase of 0.2%. Among them, the domestic consumption was 56499 units (including electric excavators), a year-on-year increase of 15%; Export 45582 units (including electric excavator units), a year-on-year increase of. 5%.

used excavatorIn the recently revealed investment relationship activity record table, Liu Gong stated that the recent rise in crude oil prices is both a challenge and an opportunity for the company. The opportunity lies in the rapid growth of inquiries and orders for electric products. In the first quarter of 2026, the company's overseas sales volume of electric loaders doubled. Against the backdrop of global electrification acceleration, the company's overseas business has the potential to gain greater growth space.

Three major projects indicate that the construction machinery market is expected to continue to improve in 2026. In terms of the domestic market, demand for infrastructure investment, new urbanization, mining, and water conservancy projects will be further released under policy protection, coupled with the gradual landing of ultra long term special national debt and local debt funds. There is hope that the market will accelerate its recovery. In addition, the increase in penetration rate of new energy and intelligent products will stimulate a huge demand for replacement and further promote industry growth. In terms of overseas markets, global investment in infrastructure and mining industries maintains a high momentum. Chinese construction machinery manufacturers are further achieving a dual leap in global market share and brand value through "localization" of global layout and technological innovation.

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Construction machinery operating rate and sales gradually recover

High quality and low price

We guarantee the quality of each machine and promise to offer you the most favorable price.

Construction machinery operating rate and sales gradually recover

We guarantee the quality of each machine and promise
to offer you the most favorable price.