Doosan: Three sets of data reveal the trend: Stable with an upward trend, promising future

As is known to all, the sales and operation of excavators can be regarded as an "economic barometer" to a certain extent, reflecting the economic situation to a large extent. Today, let's all speak with data. Is it feasible to predict the market situation in the second half of the year based on the "barometer"?

More and more work starts! The demand for homework has increased.

In the first half of 2022 (January to June), the average monthly operating rate of construction machinery was 60.37%, and the average monthly operating rate in the second quarter was 66.77%, which was significantly higher than the 53.98% average monthly operating rate in the first quarter. The increase in the operating rate is, of course, due to the rise in demand. The simplest way to understand it is that with more work, the demand for excavators naturally increases accordingly.

The growth rate has turned positive! Sales trend is on the rise

According to the data released by the China Construction Machinery Association, the sales volume of various types of excavators reached 17,939 units (including exports) in July 2022, representing a year-on-year growth of 3.42%. It should be noted that this is the first time since May last year that the total sales growth rate of excavators has achieved a year-on-year positive growth! The positive growth rate of sales volume also indicates that the market is optimistic about future demand.

Infrastructure construction is accelerating! A large number of projects have been accelerated

Among the economic data released by the National Bureau of Statistics, infrastructure investment was the biggest highlight in the first half of the year. From January to July this year, infrastructure investment increased by 7.4% year-on-year, accelerating for three consecutive months. The acceleration of infrastructure construction is attributed to two factors. On the one hand, the expedited issuance of special bonds has provided protection for projects. On the other hand, the effective control of the epidemic has ensured the progress of project construction.

It is worth mentioning that recently, several major projects have started construction across the country

On August 11th, Xi 'an City, Shaanxi Province held a groundbreaking ceremony for key projects in the third quarter. A total of 187 projects were started, with a total investment of 198.7 billion yuan

On August 12th, Hubei Province held a centralized groundbreaking ceremony for major projects in the third quarter. There were 1,758 major projects with an investment of over 100 million yuan, with a total investment of 906.3 billion yuan