IronArmor's Used Equipment Data Report for June 2024: The market heat index stands at 2.7, indicating a cautious stance in trading activities. Both the used equipment price index and its month-on-mont

Recently, the monthly data report for June 2024 of Iron Armored used machinery was released. We observed that the market heat index for June was 2.7, indicating a wait-and-see attitude, which was lower than the index of 4.3 in May. The market heat index dropped significantly in June, largely due to the nationwide high temperatures and heavy rains in the south. If we consider the market heat index in March after the Spring Festival as a peak, the decline in the index in June actually reflects that the overall construction machinery market has entered a slack season. Both new and used machinery transactions have shown a downward trend.

The top 10 brands in the brand popularity ranking list are Sany, Caterpillar, XCMG, Komatsu, Hitachi, Kobelco, Doosan, Liugong, Shandong Lingong and Volvo. We have noticed that compared with last month, the attention data of each brand has remained largely unchanged. Sany still holds the top spot, while Caterpillar remains in second place.

In terms of tonnage share, we examined the proportion of different tonnages. In June, equipment with a tonnage ranging from 20 to 29 and from 6 to 9 remained the main focus of users. However, the decrease in attention to equipment in the 10-29 tonnage range was higher than that of other tonnage intervals.

In the proportion of the age and popularity of second-hand phones, users' attention to the production age of the devices increases progressively from 10 years and above, 5 to 10 years, and 3 to 5 years, accounting for 35.23%, 31.48%, and 25.64% respectively.

In terms of the proportion of hours spent by second-hand devices, the devices with more than 8,000 hours of usage accounted for the highest percentage, reaching 34.23%. Then came those with 5,000 to 8,000 hours of usage, and 2,000 to 5,000 hours of usage, with the proportions being 29.54% and 25.45% respectively.

In the ranking of the popularity of the second-hand car trading areas (key regions), in June, users from Guangdong, Hubei and Guangxi ranked the top three, while users from Zhejiang and Sichuan also appeared in the top positions.

In June 2024, the situation regarding the price index of second-hand excavators was that both the price index and the month-on-month change showed a downward trend. Moreover, the price indices and month-on-month changes of the three types of second-hand excavators (large, medium, and small) also showed a downward trend. However, relatively speaking, the decline in the price of large excavators was more significant.

In the records related to user search keywords for second-hand machines, in June, the brands of second-hand machines that were most favored by users were Sany, Caterpillar, XCMG, and Hitachi. Among them, models like Sany 75, Sany 135, Sany 215, Caterpillar 336, and Caterpillar 349 were quite popular. Additionally, users made frequent searches for wheel excavators.