WEITAI marketing team has conducted research on engineering and construction machinery market trends of November 2022. The research results are based on Alibaba’s statistical data.

The construction and building machinery category has a buyer size index* of 2385 and a conversion rate of 4%. Compare to the same period last year, the market demonstrated 32.9% growth. The supply-demand ratio* is 210.82.

The popularity rating of different categories of construction and building machinery is the following:

1. Earth-moving machinery

2. Construction machinery parts

3. Cranes

4. Concrete machinery

5. Road machinery

6. Construction machinery attachments

The geographic distribution of the top 10 buyers is the following:

1. USA (buyer size index of 3354)

2. Indonesia (buyer size index of 2012)

3. Turkey (buyer size index of 1490)

4. Russia (buyer size index of 1302)

5. Brazil (buyer size index of 1268)

6. Vietnam (buyer size index of 1209)

7. Italy (buyer size index of 1182)

8. Peru (buyer size index of 1081)

9. Canada (buyer size index of 1080)

10. Pakistan (buyer size index of 1046)

The hottest keywords for the construction and building machinery parts are:

1. Farm construction machinery parts (excavator parts, industrial joystick, genie)

2. Construction machinery parts for engine (construction machinery parts, excavator parts, fuel pump)

3. Steel construction machinery parts (rubber track pad, track undercarriage, replacement parts)

4. Rubber construction machinery parts (rubber track pad, rubber track)

5. Excavator parts (excavator parts, construction machinery parts, excavator solenoid valve)

6. Standard construction machinery parts (caterpillar filter, hydraulic pump, swing motor excavator parts)

7. Main pump (hydraulic pump, excavator hydraulic pump, pump hydraulics)

8. Valve for excavator (excavator solenoid valve, construction machinery parts, hydraulic parts)

9. Construction machinery parts for wheel loader (2bs315a, spare parts, parts excavator)

10. Gear (gear pump, hydraulic gear pump, 2bs315a)

* 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