I. Analysis on general status of the first half year in 2008:
In the first half year, the construction machinery kept growing at high speed. According to the statistics in terms of four main categories such as earth-moving machinery, construction cranes, industrial trucks and road rolling machinery, construction cranes was the highest, obtaining a year-on-year increase of 93.3% while earth-moving machinery also increased at a high rate. The sales income of the whole industry increased 50.5% year-on-year, details seeing in the below table.
Table of sales income increasing rate for main products at the end of June, 2008
No. |
Product Category |
End of June, 2007(RMB 10,000 Yuan) |
End of June, 2008(RMB 10,000 Yuan) |
Increasing Rate % |
1 |
Earth-moving Machinery |
1677715 |
2335092 |
39.2 |
2 |
Construction Cranes |
786962 |
1520839 |
93.3 |
3 |
Industrial Trucks |
375151 |
456389 |
21.7 |
4 |
Road Rolling Machinery |
101586 |
115768 |
14 |
|
Aggregation |
2941414 |
4428088 |
50.5 |
The sales of main products were also in the process of fast increase. As industrial trucks, construction cranes and loaders increased the fastest, the sales of eight main machines got a year-on-year increase of 36%, shown as in the below table:
No. |
Products |
Sales(End of June) |
Increasing Rate % |
Export Amount(Sets) |
Sales Proportion % | |
2008 |
2007 | |||||
1 |
Loader |
106273 |
81420 |
30.5 |
9197 |
8.7 |
2 |
Bulldozer |
5074 |
3952 |
28.4 |
1751 |
34.5 |
3 |
Land Leveler |
2225 |
1522 |
46.2 |
1215 |
54.6 |
4 |
Crane Truck |
13052 |
9857 |
32.4 |
1820 |
13.9 |
5 |
Industrial Truck |
93632 |
64251 |
45.7 |
|
|
6 |
Rolling Machinery |
6086 |
5091 |
19.5 |
2164 |
35.6 |
7 |
Spreader |
741 |
681 |
8.8 |
|
|
8 |
Excavator |
51928 |
38235 |
35.8 |
2974 |
5.7 |
|
Aggregation |
279011 |
205009 |
36 |
|
|
II. Analysis of import and export
2.1 General situation
The import and export of construction machinery presented highly increasing status. Till the end of May, the export was aggregated to be 5.22 billion dollars with a year-on-year increase of 75.9%, while the import was aggregated to be 2.45 billion dollars with a year-on-year increase of 23%, realizing favorable balance of 2.77 billion dollars. The export amount for monthly average broke through 1 billion dollars in successive 3 months.
2.2 Export amount of products increased rapidly
We can see from the above table that 54.6% of the land levelers was for export while the export amount of bulldozers and rolling machinery occupied 1/3 of the total sales, which indicated that export has become the main factor to drive the growth of construction machinery in
III. Overlook the whole year
Analyzing from the production situation of the first half year, the increase in the whole year will break through the predication of 20% at the beginning of the year. It is expected to realize increase of 30% .The sales revenue in the whole year will be RMB 300 billion Yuan while export realizes a breakthrough of 12 billion dollars with an increase of 38%.
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