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Released September 06, 2023 | BEIJING
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Researched by Industrial Info Resources (Sugar Land, Texas)--The latest data from China's National Bureau of Statistics shows that in July 2023, the output of excavators in China was 13,237 units, down 33.9% from the same month last year. From January to July 2023, the cumulative output of excavators in China was 149,767 units, down 20.3%.
The output of large, medium and small tractors was 5,244 units, 13,382 units and 13,000 units, respectively, down 41.1%, down 25% and up 18.2% from July 2022. From January to July 2023, the cumulative output of large, medium and small tractors was 63,393 units, 168,224 units and 104,000 units, respectively, an increase of 6.6%, a decrease of 4.9% and an increase of 23.8%.
Industrial Info is tracking three excavator projects in China, totaling about US$77.62 million in value; one is expected to kick off in November 2023. Two tractor projects, worth about US$61.2 million, are under construction as well. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing project and plant databases can click here for a list of detailed project reports and click here for a list of related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
The output of large, medium and small tractors was 5,244 units, 13,382 units and 13,000 units, respectively, down 41.1%, down 25% and up 18.2% from July 2022. From January to July 2023, the cumulative output of large, medium and small tractors was 63,393 units, 168,224 units and 104,000 units, respectively, an increase of 6.6%, a decrease of 4.9% and an increase of 23.8%.
Industrial Info is tracking three excavator projects in China, totaling about US$77.62 million in value; one is expected to kick off in November 2023. Two tractor projects, worth about US$61.2 million, are under construction as well. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing project and plant databases can click here for a list of detailed project reports and click here for a list of related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
