According to the industry statistics of China Construction Machinery Association, from January to February 2021, the 26 mainframe manufacturing enterprises included in the statistics sold a total of 47,906 sets of various excavating machinery products, with a year-on-year increase of 149.2%.Among them, 40,588 units were sold in the domestic market, up 176.7% year on year;The export sales volume was 7,318 units, up 60.7% year on year.

In February 2021, a total of 28,305 excavating machinery products were sold, with a year-on-year increase of 205.0%.Among them, the domestic market sales of 24,562 units, a year-on-year increase of 255.5%;The export sales volume was 3,743 units, up 57.9% year on year.

Table 1: Overview of China excavating machinery market

Table 2: Overview of domestic excavating machinery market SHAPE