In 2022, in the face of complex and severe domestic and international situations, China's foreign trade in construction machinery withstood the impact of multiple unexpected factors and achieved stable growth on the basis of the high base of the previous year. According to customs data, the total import and export trade value of construction machinery from January to November was 42.84 billion US dollars, up 25.9% year on year, making a positive contribution to the steady development of the industry economy.
In terms of import, from January to November 2022, the import of construction machinery reached 2.52 billion US dollars, down 26.7% year on year. In a single month, the year-on-year growth rate of construction machinery imports from January to November was negative. Among them, the import volume in January and October was the highest and lowest (US $290 million and US $180 million) respectively. The year-on-year growth rate in April was - 37.2%, the lowest from January to November. From a quarterly perspective, the total import value in the first and second quarters exceeded US $700 million.
Affected by the epidemic and regional instability factors, the international supply chain and logistics channels were blocked, and the demand for construction machinery in real estate, steel, cement and other industries was lower than expected. The decline in the operating rate led to the decline in the utilization rate of production capacity, the decline in the sales of most 名媛直播, and the poor performance of the import of construction machinery in 2022.
In 2022, the export market of construction machinery will stand out, showing a significant growth trend. From January to November, China's export of construction machinery reached US $40.32 billion, up 31.8% year on year. Among them, the main complete machines with increased export volume include crawler excavators, forklifts, off-highway dump trucks, loaders, etc. The significant increase in the export volume of major categories of construction machinery 名媛直播 effectively hedged the decline of the domestic demand market.
In a single month, the highest export value from January to November was US $4.36 billion in July; The highest year-on-year growth rate was 65.5% in January. From a quarterly perspective, the third quarter is the highest quarter of export volume in 2022 (January to November), reaching 12.72 billion US dollars.
In terms of main export countries, the top ten countries in China's construction machinery export volume from January to October 2022 are the United States, Russia, Indonesia, Japan, Australia, Brazil, Vietnam, India, Belgium and Thailand.
From the perspective of export regions, from January to October, China's export of construction machinery to countries along the "the Belt and Road" totaled US $15.393 billion, accounting for 42.1% of all exports (Asian countries accounted for a relatively high proportion), up 32.1% year on year; Exports to the BRICS countries reached 5.92 billion US dollars, accounting for 16.2% of the total exports, up 55.6% year on year.
According to the statistics of Manzhouli Customs, the total number of construction machinery exported through the port will exceed 21600 in 2022, with a year-on-year increase of 220.4%. It is understood that Manzhouli Port is an important "window" for the joint construction of the "the Belt and Road" countries. Since the "the Belt and Road" initiative was put forward, China's construction machinery enterprises have actively deployed in countries along the line, vigorously developed construction machinery business, and achieved excellent results.
In 2022, the construction machinery industry has shown an obvious feature of stronger external demand than domestic demand, and the overseas market has also become an important measure for many domestic construction machinery enterprises to improve their market competitiveness.
Although the current global epidemic situation is still evolving and the external environment is becoming more complex and severe, many listed companies in the field of construction machinery said that 2023 will be the year when the industry bottoms out and picks up, and the overseas market is particularly noteworthy. Under the framework of the RCEP agreement, the market in the Asia-Pacific region will have further growth.
