Excavator Annual Meeting

Information from the China Construction Machinery Association (CCMA) said that the 2016 Excavator Annual Meeting will be held in Changzhou, Jiangsu on 16^th -18^th November. The meeting will be sponsored by Excavating Machinery Chapter of China Construction Machinery Association (CCMA) and supported by Jiangsu Hengli High Pressure Cylinder Company Limited. And the manufacturers, dealers and suppliers in the excavating industry will attend the meeting.

According to the data analyzed by China Construction Machinery Association (CCMA), in August of 2016, 4349 units of excavators were sold by 26 excavating machinery manufacturers, increasing 44% compared with last year. From January to August of 2016, the major excavating machinery manufacturers totally sold 45485 units of excavators, increasing 2.29% than the previous year.

However, it is reported that in the first half year of 2016, 33669 units of excavating products were sold in the domestic market by 27 excavating machinery manufacturers, 4.8% declining compared with the amount of last year. According to the predicting model combining with the current economic situation and the market investigation, the excavator sales volume will reach 51 thousand units, 2.3% declining compared with the previous year. The data shows that the excavator market development still faces stern challenges. At the meeting, the new data will be published and more detailed analysis will be made.

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