CCMA: China's January excavator sales soar 50% YoY

China’s sales of excavators to both domestic and overseas customers reached 18,708 units in January, higher by a marked 49.5% from the same month last year, according to the latest data released by the China Construction Machinery Association (CCMA).

Of these, excavator sales in the domestic market spiked by 61.4% on year to 8,723 units, while exports jumped by 40.5% to 9,985 units, the CCMA data showed. The stunning January performance was partly due to the low basis for comparison last year when the early start to the Chinese New Year (CNY) holiday – January