Title: What causes the price of second-hand excavators to rise?
Recently, the market price of second-hand excavators has continued to rise, which has attracted widespread attention inside and outside the industry. This article will use structured data analysis to explore the reasons behind the price increase of second-hand excavators, and interpret this phenomenon for you based on the hot topics on the Internet in the past 10 days.
1. Comparison of price increase data in the second-hand excavator market

| Model | Average price in 2023 (10,000 yuan) | Average price in 2024 (10,000 yuan) | Increase |
|---|---|---|---|
| 20-ton medium-sized excavator | 28.5 | 32.8 | 15.1% |
| 30-ton large excavator | 45.2 | 52.6 | 16.4% |
| Mini excavator (under 6 tons) | 12.8 | 14.5 | 13.3% |
2. Analysis of the main reasons for price increase
1.New machine production capacity is limited: Affected by the global chip shortage and rising raw material prices, many excavator manufacturers have reduced production, causing the delivery cycle of new machines to extend to 3-6 months, forcing some buyers to turn to the second-hand market.
2.Infrastructure investment accelerates: Recently, major infrastructure projects have been announced in many places, such as:
| area | Project name | Investment amount (100 million yuan) |
|---|---|---|
| Yangtze River Delta | Intercity rail network expansion | 1200 |
| Chengdu and Chongqing regions | Highway reconstruction and expansion | 850 |
3.Environmental protection policies are becoming stricter: The implementation of National IV emission standards for non-road mobile machinery in many places has resulted in the early elimination of a large number of old equipment, while the supply of second-hand equipment that meets emission standards exceeds demand.
4.Decrease in imported equipment:Customs data shows:
| quarter | Number of imported excavators (units) | Year-on-year change |
|---|---|---|
| 2023Q4 | 1820 | -22% |
| 2024Q1 | 1530 | -31% |
3. Market feedback and industry forecasts
By monitoring hot topics in industry forums and social platforms in the past 10 days, we found:
| Platform | Related topic popularity | Main discussion points |
|---|---|---|
| Construction Machinery Forum | Average daily posting volume: 320+ | Second-hand equipment acceptance standards |
| Short video platform | #excavatorpriceraising# topic views 120 million times | Rental market impact |
Industry experts predict that the price of second-hand excavators will remain high in the short term. The main reasons include:
• New phone prices continue to rise (average increase of 8-12% in 2024)
• The traditional construction peak season arrives in the second half of the year
• The equipment update cycle has reached its peak (equipment purchased from 2016 to 2018 will be phased out)
4. Suggestions for buyers
1. Prioritize equipment with complete maintenance records
2. Pay attention to regional price differences (currently prices in western provinces are 5-8% lower on average)
3. Consider the trade-in policy, and some manufacturers provide additional subsidies.
In the current market environment, it is recommended that buyers compare prices with multiple parties, trade through formal channels, and do a good job in equipment testing to avoid potential risks.
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