The hottest South Korea's domestic demand and expo

2022-08-19
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South Korea's domestic demand and export of construction machinery increased in 2010

South Korea's domestic demand and export of construction machinery increased in 2010

China's construction machinery information

Guide: in 2010, with the general improvement of the global economy, South Korea's construction machinery industry also gradually got rid of the impact of the financial crisis, showing a positive situation of domestic demand growth and export recovery. A total of 77784 and 74895 construction machinery were produced and sold throughout the year, 76.5% year-on-year growth respectively

in 2010, with the general improvement of the global economy, the construction machinery industry in South Korea also gradually got rid of the impact of the financial crisis, showing a positive situation of "domestic demand growth" and "export recovery". A total of 777 construction machinery were produced and sold in the whole year, and you can rest assured that 84 and 74895 products of our company, with a year-on-year increase of 76.5% and 66.3% respectively

in terms of domestic sales, in 2010, driven by the demand of relevant domestic industries in South Korea and the recovery of foreign economy, a total of 26670 construction machinery units were sold, with a year-on-year increase of 35.2%, reaching more than 25000 units for the first time since 1996, creating a record high and achieving a good trend of continuous growth for five years

in 2010, the rapid growth of emerging markets represented by China and the slow recovery of markets in developed countries represented by Western Europe and the United States made the export of construction machinery products of South Korea get rid of the situation of decline after the outbreak of the financial crisis in 2008. The annual export of 48225 units increased by 90.6% year-on-year, close to the historical best level in 2007; The total export volume was US $6.06 billion, an increase of 87.3% year-on-year

power spectral density curve (a) among the export regions, the export volume of emerging countries increased by 90.6% year-on-year, and that of Asia was US $1.02 billion, with a year-on-year increase of 57.8%. Among them, the export volume to China market increased by 109.1% year-on-year, creating a record; US $640million in the Middle East, an increase of 45.3% year-on-year; Europe was US $990 million, with a year-on-year increase of 145.1%. Driven by the growth of domestic natural gas industry investment in Russia, the export volume of South Korean construction machinery to the region accounted for 20% of the total export volume of Europe; US $480million in central and South America, an increase of 121.2% year-on-year; North America was US $430million, with a year-on-year increase of 62.4%, showing a gradual growth trend month by month

in 2010, the sales of major types of construction machinery in South Korea also showed an upward trend, especially the growth trend of medium and large-scale construction equipment. Among them, 10668 excavators were sold, with a year-on-year increase of 29.2%. The sales volume reached more than 10000 for the first time since 1997, and the sales volume of more than 45 t increased by 142.2% year-on-year; 263 wheel loaders were sold, with a year-on-year increase of 31.5%, reaching more than 200 for the third time after 2004 and 2006. Forklift sales reached 14031 units, up 45.3% year-on-year, the highest since 1996. Concrete pump truck and skid steer loader are two products with slightly insufficient performance. Although the sales volume of concrete pump truck increased by 25.6% year-on-year, the annual sales volume was less than 200 (only 179); Affected by the shutdown of Doosan skid steer loaders and other factors, the sales volume of such products was 427, a year-on-year decrease of 7.4%

2011 is expected to continue to grow slightly

according to the Korea construction machinery industry association, in 2011, South Korea construction machinery will continue to maintain the growth trend of 2010, but the growth rate will decline. It is estimated that 26395 sets will be sold in South Korea, with a year-on-year decrease of 1%; 56470 sets were exported, with a year-on-year increase of 13.4%

in terms of exports, in 2011, the exchange rate change of the Korean won against the US dollar will have a certain impact on the export of South Korea's construction machinery. At the same time, the global economic growth momentum of different degrees will show regional export differences. It is expected that the exports of developing countries can move forward and backward in the framework, and the proportion will show an upward trend. South Korea's construction machinery will further increase its exports to China, Brazil, India, Russia and other markets. However, Brazil's economic growth has been slow recently, and the tariffs on imported construction machinery have been raised, which has a negative impact on South Korea's construction machinery exports. As far as other regions are concerned, the export of Korean construction machinery to India and Indonesia will continue to maintain the growth momentum; The earliest recovery of exports to Western Europe will be after the second half of 2012; Exports to the United States will maintain a growth rate of 1% - 2%

in 2011, in terms of the sales of major construction machinery models, the domestic market of excavators in South Korea has been saturated, and the sales of equipment above 30 t level, which is expected to increase significantly in 2010, will be significantly reduced; Driven by domestic road and railway projects, it is expected that the sales of small and medium-sized equipment will not decline significantly. In 2011, the sales volume of excavators in South Korea is expected to decline by about 10% year-on-year. Benefiting from the impact of large-scale domestic bridge and other engineering construction, the growth trend of wheel loader sales is expected to continue until the first half of 2011, and the annual sales volume is expected to decline by about 5% year-on-year. Forklift trucks, driven by the circulation industry at home and abroad, will continue to maintain the growth trend in 2010, but the growth rate is expected to slow down, with a year-on-year growth rate of about 5%. It is expected that the concrete pump truck and skid steer loader will continue to show a downward trend

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