According to the industry statistics of China Construction Machinery Association, the 26 host manufacturers included in the statistics in January 2021 sold a total of 19,601 sets of various excavating machinery products, with a year-on-year increase of 97.2%.Among them, 16,026 units were sold in the domestic market, up 106.6% year on year;The export sales volume was 3,575 units, up 63.7% year on year.

Table 1: Overview of China excavating market

Table 2: Overview of domestic excavating machinery market

Note: From January 2021, Longong (Shanghai) Excavator Manufacturing Co., Ltd was added to the statistics.