WEITAI marketing team has conducted research on the construction machinery market trends of August 2022. The research results are based on Alibaba’s online platform statistic data.

The engineering and construction machinery category has a buyer size index* of 2273 and a conversion rate of 3.95%, which is more than in July 2022. The market size increased 0.06% compared to the same period last year. The market supply-demand ratio* is 215.

The geographic distribution of the top 5 customers is the following: USA (3802), Indonesia (1862), Brazil (1404), Vietnam (1287), and Russia (1163).

For the construction machinery parts market the hottest categories for the last 30 days have been the following:

-  farm construction machinery parts (#excavator parts, #excavators, #industrial joystick)

- construction machinery parts for engine (#excavator parts, #excavator engine #excavator)

-  steel construction machinery parts (#construction machinery parts, #rubber track, #hydraulic parts)

-  rubber construction machinery parts (#rubber track, #excavator tracks #track undercarriage)

-  excavator parts (#excavator parts, #construction machinery parts #excavator spare parts)

- standard construction machinery parts (#excavators, #excavator joystick #caterpillar filter)

-  valve for excavator (#excavator solenoid valve, #excavator parts, #hydraulic pump spare parts)

-  main pump (#hydraulic pump, #hydraulic main pump, #pump hydraulics)

-  construction machinery parts for wheel loader (#loaders, #torque converter, #2bs315a)

-  construction machinery parts (#construction machinery parts, #industrial joystick)

The fastest growing categories are the following (the last 30 days):

- brake disc for wheel loader (#235-25-11360, #wheel loader part, #3090900004)

- loader parts for engine (#fuel inject pump, #loader part, #caterpillar c13 engine)

- rubber track roller (#track roller morooka, #morooka rubber track dumper, #rubber track morooka)

- metal fuel pump (#injection pump, #diesel fuel pump, #diesel pump)

- pin (#track link track, #excavator track link, #track press)

- iron construction machinery parts (#construction machinery parts, #construction machinery parts,

#parts excavator)

- iron gear pump (#loaders, #gear pump hydraulic, #pump hydraulic)

- construction machinery parts for engine (#excavator parts, #excavator engine, excavators)

- hose (#excavator hydraulic hose, #excav breaker, #excavators)

- iron filter (#re60021, #volvo filter, #concrete pump filters)

The categories where the demand exceeds the supply are the following:

The categories with high conversation are:

* 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.

* Inquired product proportion refers to % of products with inquiries out of the total number of products. The higher the value, the more balance between supply and demand.

Alisa Sergienko

WEITAI Marketing Department