According to the industry statistics data of China Construction Machinery Association, from January to March 2021, the 26 mainframe manufacturing enterprises included in the statistics, sold a total of 126,941 sets of various excavating machinery products, with a year-on-year increase of 85.0%.Among them, 113,565 units were sold in the domestic market, up 85.3% year on year;The export sales volume was 13,376 units, up 81.9% year-on-year.

In March 2021, a total of 79,035 excavating machinery products were sold, with a year-on-year increase of 60.0%.Among them, 72,977 units were sold in the domestic market, up 56.6% year on year;Export sales reached 6,058 units, up 116.5% year on year.

Table 1: Overview of China excavating machinery market

Table 2: Overview of domestic excavating machinery market