JULY 2022 CONSTRUCTION MACHINERY MARKET TRENDS AND INSIGHTS

2022-07-25


WEITAI marketing team has conducted research on the construction machinery market trends of July 2022. The research results are based on Alibaba’s online platform statistic data.


The engineering and construction machinery category has a buyer size index* of 2103 and a conversion rate of 3.4%. The market size dropped 8.9% compared to the same period last year, but increased compared to June 2022. The market supply-demand ratio* is 216.3.


The geographic distribution of the top 5 customers is the following: USA (3764), Vietnam (2757), Indonesia (1981), the Philippines (1445), and Brazil (1270). Russia moved from 5th place to 6th compared to June 2022.


Country

Buyer size index

USA

3764

Vietnam

2757

Indonesia

1981

The Philippines

1445

Brazil

1270

Russia

1203

India

1100

Germany

1077

Pakistan

1055

Turkey

1050


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


- construction machinery parts for engine (#excavator parts, #excavator #cat engine)

-  steel construction machinery parts (#construction machinery parts, #excavators, #hydraulic parts)

-  rubber construction machinery parts (#rubber track, #excavator rubber track #undercarriage)

-  excavator parts (#excavator parts, #excavator spare parts, #final drive parts)

-  main pump (#hydraulic main pump, #hydraulic pump, #pump hydraulics)

-  valve for excavator (#excavator solenoid valve, #excavator parts, #hydraulic pump spare parts)

-  standard construction machinery parts (#excavators, #excavator joystick #excavator parts)

-  construction machinery parts for wheel loader (#loaders, #2bs315a, #torque converter)

- travel motors (#travel motor, #final drive #sk60-3 travel motor)


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


- travel motor for engine (#travelling motors, #mag-85vp-2400, #ec140b, #ex135, #ex150, #excavator final drive assy, #final drive)

-  metal travel motor (#final drive, #spare parts, #travel motor)

-  rubber track roller (#track roller morooka, #morooka track, #track rollers)

-  cast iron construction machinery parts plastic excavator parts (#track roller, #construction machinery parts)

-  fuel pump for construction machinery (#fuel pump, #construction machinery parts, #180-7341)

-  filter for construction machinery (#sany excavator price, #excavator filters, #water fuel filter for excavator)

-  gear pump for engine (#gear pump, #construction machinery parts, #hydraulic pump)

-  metal pressure sensor (#yn52s00027, #cat3814089, #6754-72-1210)

-  loader parts for construction machinery (#construction machinery parts, #loader parts)


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


Category

Supply-demand ratio

Farm construction machinery parts

2.94

Rubber construction machinery parts

2.21

Main pump

2.19

Construction machinery parts for engine

2.11

Standard construction machinery parts

1.93

Travel motor

1.88

Excavator parts

1.76

Steel construction machinery parts

1.75

Valve for excavator

1.73

Construction machinery parts for wheeled loader

1.49


The categories with high conversation are:


Category

Inquired product proportion

Rubber undercarriage parts

0.62

Fuel pump for construction machinery

0.58

Steel undercarriage parts

0.54

Rubber construction machinery parts

0.46

Brake disc for wheel loader

0.43

Drive motor

0.43

Rubber valve

0.42

Rubber track roller

0.39

Loader parts for construction machinery

0.36

Iron gear pump

0.31



* 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.

* Inquired product proportion refers to % of products with inquiries out of the total number of products. The higher the value, the more balance between supply and demand.


Alisa Sergienko

WEITAI Marketing Department


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