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China's electric forklift export competition is fierce

by:Staxx Pallet Truck     2021-07-01
In recent years, Russia, Brazil, India, Vietnam, Thailand, Africa and other countries have successively released infrastructure investment plans, and they have increasingly become a new type of area for my country's electric pallet truck export. The export of electric forklift industry has grown steadily in the past two years.   In 2014, as China's machinery technology continues to improve and its reputation abroad continues to expand, there is an increasing demand for electric forklifts in the overseas infrastructure market, and China's electric pallet truck export market will achieve another good result. According to the analysis and prediction by Li Jun, director of the Strategic Research Office of Zoomlion Group, at the annual meeting of the Branch: Based on the possible downstream situation in 2014 and the overall changes in the macro environment, the overall decline of electric forklifts will continue to narrow, and sub-products may be There is obvious differentiation. It is expected that the driving force for new machine sales in 2014 will be weak; domestic demand for electric forklifts will increase by -12% year-on-year, and exports will increase by 7.1% year-on-year; domestic demand for crawler cranes is expected to increase by 1.9% year-on-year.  It is predicted that the excavator industry will recover slowly in 2014, and it is expected to increase by 6% year-on-year. In particular, the growth rate of the excavator industry in 2013 was low and high, and the peak sales season in the first half of 2014 may exceed expectations. UBS Securities predicts that China's hydraulic excavator sales will increase from 54,000 units in FY 2013 to 60,000 units in FY 2014, while sales of small excavators are expected to increase from 15,000 to 19,000. Small hydraulic excavators seem to be close to the previous peak of the 2010 fiscal year, so the environment may still be favorable.
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