Main Characteristics of Economic Operation of Construction Machinery Industry in 2022
1. Since June 2022, the decline has narrowed month by month, and some products have turned from negative to positive, showing a steady operation trend on the whole
From January to December, the sales volume of 12 major categories of products included in the statistics of the association reached 170,945 units, which was -8.13% year-on-year.
From the association statistics of 12 kinds of key products sales, January and February started well; It fell markedly in March; The steepest drop in April; It continued to fall in May; The decline narrowed sharply in June; In July, the decline continued to narrow; In August, the decline increased slightly; In September, month-on month was basically flat at -0.79%, and the decline continued to narrow to 9.88%, narrowing the decline to single digits. In October, year-on-year positive, 1.08%, January to October cumulative year-on-year decline continued to narrow to 8.99%. In November, it was 2.42% year-on-year, and the cumulative decline from January to November was 8.09%. But in December, the year-on-year decline was -8.62%, and the cumulative decline from January to December was 8.13%.
2.Our competitive edge in the international market has continued to improve, becoming an important support for steady growth
According to the customs data, the total export of construction machinery from January to December was 29.314 billion US dollars, up 35.2% year on year, accounting for 66.2% of the total export; Exports of parts and components reached $14.989 billion, up 21.4 percent year on year, accounting for 33.8 percent of the total exports.
The main total machines that increased in exports from January to December were crawler excavators, forklifts, loaders, off-highway dump trucks, and other truck cranes.
From January to December, the export of Chinese construction machinery to countries along the Belt and Road totaled 18.964 billion US dollars, accounting for 42.8% of the total export, up 32% year on year. Exports to BRICS countries reached $7.301 billion, accounting for 16.5 percent of the total, up 55.5 percent year on year.
From January to December, Chinese construction machinery has always maintained a high growth rate, including the export value is above 4 billion US dollars every month since the third quarter, showing a strong growth trend. But into the fourth quarter began to show a month-on-month narrowing trend.
3、The resilience of the whole industry and its ability to resist risks have been further enhanced
According to the statistics of the association, the association's key contact enterprises: accounts receivable: a year-on- year growth of 10.8%; Finished goods inventory: down 26.8% year on year; Finance expense: down 93.3% year on year; The number of employees: a year-on-year growth of 3.91% from January to December.
4.The transformation of the industry to digital, intelligent and green has been accelerated, and a number of internationally advanced and leading engineering equipment have been put on the market
The whole industry has implemented the innovationdriven development strategy, adhered to the "four directions", accelerated the pace of independent innovation, constantly increased investment in research and development, and strengthened industry-university-research and application-oriented cooperation. A number of internationally advanced and world-leading engineering equipment has been put on the market, and a number of scientific research achievements and major technical equipment have been popularized and applied.
Industrial enterprises continue to promote structural optimization, transformation and upgrading, accelerate the development to digital, networked, intelligent and green, and strive to break through all links of the innovation chain. The host and key components develop in synergy, the industrial chain and supply chain are optimized and upgraded, and the upgrading of the industrial base and the modernization of the industrial chain are achieved in stages.
In the whole industry, the market competitiveness of leading enterprises continues to strengthen, the development level of specialized andspecial new small and medium-sized enterprises continues to improve, and the development pattern of industrial clusters has distinct characteristics and obvious advantages. On December 1, the handover of China as scheduled was successfully realized.
5、From the perspective of high quality development of the industry, there are still some weak
links
First, the triple pressures of shrinking demand, supply shock and weakening expectations have exerted a great impact, and there are still problems of unbalanced and inadequate development on the whole.
Second, there are still weak links in the basic capacity of the construction machinery industry, the modernization level of the industrial chain needs to be further improved, and the reliability and durability of some products need to be further improved.
Third, structural overcapacity in some sectors of the industry, especially the excess of low-end products and the lack of high-end product capacity,Fourth, vicious competition, price war and other problems appear in some fields, affecting market competition order and industry development ecology.
There are many problems in the healthy development of the leasing industry. There are a large number of old construction machinery without exit mechanism, and there are many safety risks, poor equipment condition, and substandard emissions. As I said just now, there are more than 10 million second-hand construction machinery, among which 2 million to 3 million are zero-emission and one-emission. Now there is no mechanism to withdraw them from the market. In the aftermarket, including remanufacturing, there is still a gap in profitability, which is our next focus.
This January due to the influence of the Spring Festival factors, coupled with the three countries on the fourth is December 1, January sales decreased by 26.1% year-on-year, exports decreased by 5.89% year-on-year, the number of February also came out, January to February sales growth of 3.68% year-on-year, exports growth of 18.1% year-on-year. Although it is still a period of adjustment, there is a gradual trend for the better.