In September, the second-hand excavator transactions: the transaction volume decreased by 1.5% month-on-month and 39.8% year-on-year; Sany's 75, 215 and 135 excavators were the most popular; the UEPI

Recently, the data of the second-hand excavator online transaction report for September 2022, compiled by Tiejia Second-hand Machinery, has been released. We have observed that the transaction volume of second-hand excavators in September 2022 decreased by 1.5% month-on-month and 39.8% year-on-year. The Sany 75, 215, and 135 excavators were the most popular. The UEPI value of medium-sized excavators showed a double decline both month-on-month and year-on-year, with the largest drop. Among the changes in the ranking of equipment brands, Volvo rose 4 places to enter the top 10, and foreign brand equipment remained the most recognized by users. The equipment produced in 2016-2017 received the highest user attention.

In September 2022, the transaction volume of second-hand excavators decreased by 1.5% month-on-month and dropped by 39.8% year-on-year. From the chart, we can see that the transaction volume of second-hand machines this month has not changed significantly compared to the previous month, with a slight decrease. However, compared to the same period last year, the gap is quite large, with a year-on-year decline rate reaching 39.8%, which objectively indicates that the current second-hand machinery market is facing certain difficulties.

From the chart showing the ranking of top 15 equipment brands in terms of transactions in September 2022, we can see that Sany and Caterpillar remain at the top. This indicates that the market highly recognizes the second-hand products of these two brands. We noticed that among the top ten, there are three Chinese brands, namely Sany, XCMG, and Shandong Linke, and especially Linke has shown a strong upward trend recently. 
According to the data on the brand share of equipment sold in September, the top three brands are Sany, Caterpillar and XCMG; Doosan and Komatsu each account for more than 7.0%. From the perspective of market concentration, CR4 = 43.8% and CR8 = 67.8%, indicating extremely high market concentration.
In the ranking of equipment brands for September 2022 transactions, compared with the previous month, the top three positions remained unchanged, still being Sany, Caterpillar and XCMG. However, Doosan rose by 2 places and entered the top 5. 
Among the top 10, Komatsu and Sumitomo dropped in the rankings, while Hitachi, Hyundai, Shandong Linong remained unchanged. Volvo rose by 4 places and entered the top 10. 
In the rankings from 11th to 15th, the brands experienced significant changes. Among them, Liugong and Leiwo Heavy Industry both dropped 3 places and ranked 11th and 14th respectively; Kubota's ranking dropped 2 places and ranked 15th; Sumitomo's ranking rose 4 places and entered the top 15, ranking 12th; Shanhe Intelligent Machinery's ranking rose 2 places and ranked 13th. 
Overall, the ranking of the top 15 brands shows that there are still more foreign brands among them. This can relatively objectively reflect that the industry customers' recognition of foreign brands is relatively high. Chinese enterprises and brands still need to make efforts.
In the 2022 September domestic second-hand excavator online transaction - regional distribution (purchase volume) chart, the province with the highest purchase volume in September was Guangxi, accounting for 10.1%. Followed by Shandong, Guangdong, Hubei, and Anhui. This indicates that there are relatively more construction projects in these regions, and therefore the number of purchased equipment is also larger.

In the chart of regional distribution (purchase volume) of domestic second-hand excavators' online transactions in September 2022, the province with the highest purchase volume in September was Guangxi, accounting for 10.1%. Followed by Shandong, Guangdong, Hubei, and Anhui. This indicates that these regions have relatively more construction projects, and therefore the number of purchased equipment is also higher. In the chart of regional distribution (sale volume) of domestic second-hand excavators' online transactions in September 2022, the province with the highest sale volume in September was Anhui, accounting for 11.6%. Followed by Jiangsu, accounting for 11.4%, and Hubei, accounting for 11.2%. The fact that these regions have a high sale volume does not mean that the construction projects in these areas are few. The true meaning behind this data should be that equipment transactions in these regions are frequent, and the demand is also not low. There must be demand for there to be circulation and trading.

In the "Supply vs. Demand" table for second-hand excavators' online transactions in September 2022, we can see that the brands with a "supply exceeding demand" situation include XCMG, Komatsu, Liugong, Hyundai, Shandong Linke, Volvo, Lewo Heavy Industry, and Shanhe Intelligent Machinery. While Sany and Hitachi have a relatively balanced supply and demand situation; the brands with a "demand exceeding supply" situation are Caterpillar, Doosan, Sumitomo, Kubota, and Sumitomo. This also indica