This month the WEITAI marketing team has conducted
research on the construction machinery market trends for May 2022. The research results are
based on Alibaba's data.
The engineering and construction machinery category has
a buyer size index* of 2102 and a conversion rate* of 3.3%. The market size
decreased by 20% compared to the same period of last year.
Mini crawler excavator is the best seller in this category. The market supply-demand ratio* is 215.1.
The
geographic distribution of the top 5 customers is the following: USA (3889), Indonesia
(2188), Vietnam (1621), Italy (1476), and Germany (1324).
|
Country
|
Buyer size index
|
|
USA
|
3889
|
|
Indonesia
|
2188
|
|
Vietnam
|
1621
|
|
Italy
|
1476
|
|
Germany
|
1324
|
|
The
Philippines
|
1258
|
|
Brazil
|
1214
|
|
The Russian
Federation
|
1184
|
|
Canada
|
1132
|
|
Thailand
|
1113
|
As for the construction machinery parts market, the
hottest categories by search volume for the last 30 days have been the following: farm
construction machinery parts, construction machinery parts for engines, steel
construction machinery parts, rubber construction machinery parts, excavator
parts, main pumps, valves for excavators, construction machinery parts for
wheel loader and travel motors.
The fastest growing search volume is for gear
pumps, iron hydraulic parts, rubber track rollers, brake discs for wheel loaders,
rubber travel motors, rubber undercarriage parts, iron travel motors, excavator
parts for construction machinery, and pressure sensors for excavators.
The categories where the demand exceeds the supply
are farm construction machinery parts, rubber construction machinery parts,
standard construction machinery parts, steel construction machinery parts, and undercarriage parts.
|
Category
|
Supply-demand ratio
|
|
farm
construction machinery parts
|
2.8
|
|
rubber
construction machinery parts
|
2.1
|
|
standard
construction machinery parts
|
1.9
|
|
steel
construction machinery parts
|
1.8
|
|
undercarriage
parts
|
1.6
|
|
construction
machinery parts for wheel loaders
|
1.3
|
|
seal kits
|
1.2
|
|
gear pumps
|
1.1
|
|
sprockets
|
1.1
|
|
construction
machinery parts
|
1
|
|
track shoes
|
1
|
|
metal
construction machinery parts
|
1
|
For aftermarket construction machinery parts the
most searched compatible brands are Komatsu, Caterpillar, Hitachi, Volvo,
Hyundai, Doosan, and Sany.
* Buyer size index
refers to the number of business opportunity buyers in the industry’s
corresponding cycle, indexed presentation, the larger the value, the larger the
market size.
* Supply-demand
ratio refers to the number of business opportunity buyers in the industry’s
corresponding cycle divided by the number of sellers visited by buyers, the
larger the value, the smaller the market competition.
Alisa Sergienko
WEITAI Marketing Department