Sales of construction machinery in Japan ushered in 17 consecutive rises

According to the latest statistics released by the Construction Equipment Manufacturers Association of Japan (CEMA), the sales of construction machinery in Japan in March 2022 were 341.1 billion yen (about 17.97 billion yuan), a year-on-year increase of 17.7%. has maintained positive growth for 17 consecutive months.

In March, domestic sales in Japan were 122.2 billion yen (about 6.44 billion yuan), a year-on-year increase of 0.8%, achieving positive sales growth for five consecutive months. Export sales were 218.9 billion yen (about 11.54 billion yuan), a year-on-year increase of 29.7%, also showing a year-on-year upward trend for 17 consecutive months.

In the first quarter of 2022, the total sales of construction machinery in Japan was 822.1 billion yen (about 43.32 billion yuan), a year-on-year increase of 23.1%. Among them, the total domestic sales in Japan was 273.6 billion yen (about 43.32 billion yuan), a year-on-year increase of 1.5%; the total export sales were 548.4 billion yen (about 43.32 billion yuan), a year-on-year increase of 37.7%.

In terms of exports, in the first quarter of 2022, in addition to the negative growth rate of the export value of piling machinery (-6.9%), the sales growth rate of other models of Japanese construction machinery increased to varying degrees. Among them, other types of construction machinery except 8 different models and parts had the largest year-on-year increase of 69.1%; in addition, the top three models with a year-on-year increase were parts (67.0%), construction lifting machinery (66.6%), hydraulic crusher (hammer) (51.1%). In terms of export value, hydraulic excavators have become the product with the highest export value of Japanese construction machinery in the first quarter of 2022 with an export value of 208.9 billion yen (about 10.99 billion yuan).