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2009-03-23
Review of my country's construction crane market in 2008
- Categories:Industry News
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- Time of issue:2011-03-11
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(Summary description)In 2008, my country's construction crane (mobile crane) industry experienced ultra-high-speed development in the first half of the year. In the second half of the year, with the outbreak and spread of the world financial crisis, the impact on China's economy gradually appeared, and my country's crane market began to slow down its growth rate. Even a serious decline, but still maintained positive growth throughout the year.
Review of my country's construction crane market in 2008
(Summary description)In 2008, my country's construction crane (mobile crane) industry experienced ultra-high-speed development in the first half of the year. In the second half of the year, with the outbreak and spread of the world financial crisis, the impact on China's economy gradually appeared, and my country's crane market began to slow down its growth rate. Even a serious decline, but still maintained positive growth throughout the year.
- Categories:Industry News
- Author:
- Origin:
- Time of issue:2011-03-11
- Views:0
Information
In 2008, my country's construction crane (mobile crane) industry experienced ultra-high-speed development in the first half of the year. In the second half of the year, with the outbreak and spread of the world financial crisis, the impact on China's economy gradually appeared, and my country's crane market began to slow down its growth rate. Even a serious decline, but still maintained positive growth throughout the year.
According to the statistics of the Engineering Crane Branch, sales revenue in 2008 reached 27.27 billion yuan, an increase of 60.2% year-on-year, and the total profit reached 2.61 billion yuan, an increase of 46% year-on-year. Sales of four types of cranes (truck cranes, crawler cranes, truck-mounted cranes and tire cranes) totaled 28,000 units, a year-on-year increase of 12.8%.
Truck cranes (including all-terrain cranes), sold more than 21,500 units in 2008, a year-on-year increase of 10%. In terms of growth rate, it was the lowest in recent years, and it was 28% lower than the growth rate in 2007. Rapid growth in the first half of the year, sales increased by 32% year-on-year. Sales began to decline in the second half of the year, with the growth rate approaching zero in the third quarter, and negative growth in the fourth quarter, with a growth rate of -25%, and the first negative growth in several years.
In 2008, 4,600 truck-mounted cranes were sold, a year-on-year increase of 21.5%. Sales in the first half of the year increased by 52% year-on-year. The growth rate was only 5% in the third quarter and -11% in the fourth quarter.
In 2008, more than 1,600 crawler cranes were sold, which was the fastest growing product, with a year-on-year increase of 68.9%. But there was also a negative growth in the fourth quarter.
The sales of tire cranes are only 230 units, and the market has not changed much.
In 2008, crane export sales and sales exceeded previous years, with nearly 5,000 construction cranes exported, an increase of 57% year-on-year; the export value exceeded 8.2 billion yuan, an increase of 88% year-on-year, but the export volume also declined in the fourth quarter. In 2008, more than 3,400 truck cranes were exported, a year-on-year increase of 45%; more than 800 crawler cranes were exported, a year-on-year increase of 136%; more than 600 truck-mounted cranes were exported, a year-on-year increase of 54%.
With the expansion and extension of the international financial crisis, 2009 will be the most difficult year for my country’s economic development. The Chinese government has adopted a series of new policies to stimulate domestic demand and strive to ensure the steady and rapid development of the national economy. Judging from the situation in February and March this year, the construction crane industry is showing signs of recovery, and everyone is paying close attention to the development of the situation.
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