JUNE 2022 CONSTRUCTION MACHINERY MARKET TRENDS AND INSIGHTS

2022-06-24


In this article, we are sharing the construction machinery market trends and insights for June 2022. The research results are based on Alibaba.


The engineering and construction machinery category has a buyer size index* of 2117 and a conversion rate of 3.5% (increased compared to May 2022). The market size dropped 15.2% compared to the same period last year, but increased compared to May 2022. The market supply-demand ratio* is 212.8 (decreased compared to May 2022).


The geographic distribution of the top 5 customers is the following: USA (3503), Vietnam (2255), Indonesia (2022), the Philippines (1429), and Russia (1257).


Country

Buyer size index

USA

3503

Vietnam

2255

Indonesia

2022

The Philippines

1429

The Russian Federation

1257

Brazil

1222

Germany

1185

Italy

1122

India

1089

Canada

1067


For the construction machinery parts market the hottest categories for the last 30 days have been the following:


-farm construction machinery parts (#excavator parts, #excavator spare parts)
construction machinery parts for engines (#excavator engine, #cat engine)
-steel construction machinery parts (#construction machinery parts)
-rubber construction machinery parts (#rubber track, #excavator rubber track)
excavator parts (#excavator rubber track, #final drive parts)
main pumps (#hydraulic main pump)
valves for excavators (#excavator solenoid valve, #hydraulic parts)
standard construction machinery parts (#excavator parts, #hydraulic parts)
construction machinery parts for wheel loader (#wheel loader parts)
travel motors (#travel motor, #final drive parts)


The fastest growing categories are the following (the last 30 days):


-steel pump pipe (#concrete pipe, #concrete pump clamp)
-undercarriage parts for construction machinery (#track link, #Yanmar undercarriage)
-excavator parts for wheel loader (#PC 200-8 swing motor, #Volvo excavator parts)
-injector for wheel loader (#8n7005, #fuel pump, #jcb injector)
-pump pipe (#concrete pump pipe, #concrete pump pipe elbow)
-rubber travel motor (#travel motor seal kit, #travel motor seal kit for Hitachi ex120)
-steel undercarriage parts (#track link, #track roller)
travel motor for construction machinery (#final drive parts, #final drive travel motor)
-iron fuel pump (#fuel pump, #excavator fuel pump, #diesel oil pump)
hydraulic parts for construction machinery (#hydraulic excavator parts, #sbs140 main pump)


The categories where the demand exceeds the supply are the following:


Item

Supply-demand ratio

farm construction machinery parts

2.35

rubber construction machinery parts

2.17

main pump

2.16

construction machinery parts for engine

1.97

travel motor

1.93

standard construction machinery parts

1.89

steel construction machinery parts

1.79

valve for excavator

1.69

excavator parts

1.69

construction machinery parts for wheel loader

1.45



* Buyer size index refers to the number of business opportunity buyers in the industry’s corresponding cycle, indexed presentation, the larger the value, the larger the market size.

* Supply-demand ratio refers to the number of business opportunity buyers in the industry’s corresponding cycle divided by the number of sellers visited by buyers, the larger the value, the smaller the market competition.


Alisa Sergienko

WEITAI Marketing Department


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