Avito Special Equipment experts analyzed data on supply, demand and prices for excavators for the first two spring months of 2024. Among excavators with operating hours, the machines of the British brand JCB are in maximum demand, and among new ones – the Chinese brand LGCM.
In the segment of excavators with operating hours in March-April 2024, there is a positive trend offers. Year on year, the number of advertisements increased by 56.5%.
In terms of share in the supply, the JCB brand is leading: its share was 12.5%. Also in the top three were two Japanese brands: in second place is Komatsu with 6.3%, and in third place is Hitachi with 6%.
The demand for excavators with operating hours is stable: the dynamics are less than 5% both for the year and for two months. The largest share in demand is occupied by JCB brand equipment: its share accounted for 17.3%. In second place in demand is Komatsu with 7.3%, and in third place is Hitachi with 5.6%.
The leader in demand in March-April was the JCB 3CX excavator — a universal machine with wide aggregation capabilities with mounted implements. The share of this excavator in demand was 3.8%. Its average price was 6,250,000 rubles.
JCB 3CX Sitemaster '2010–present. Photo: JCB
The Chinese mini-excavator Rippa R319, which took second place, was only slightly behind it: it received 3.7% of demand. This is the most budget model in the top 5 in terms of demand — 630,000 rubles.
In third place is the JCB 4CX with 2.7%. This is a powerful, heavy, but compact excavator on a wheeled chassis. Its average price is 6,900,000 rubles. There are 3 JCB brand models in the top 5.
Top 5 excavators with operating time by share in demand, March-April 2024, Avito Auto
MarkModelShare in demandAverage price, rub.JCB3CX3.8%6 250,000RippaR3193.7%630,000JCB4CX2.7%6 900,000JCB3CX Super1.7%7 750,000HidromekHMK 102S1.3%10,500,000
In the segment of new excavators, year-on-year supply increased by 364.2%, with all brands from the top 10 demonstrating positive dynamics both year-on-year and within two months. The largest share in the supply for March-April 2024 fell on the Chinese brand XCMG: it received 11.3%. In second place is the Chinese brand Sany with 8%. In third place is again a representative of China: the Shanmon brand took 7.8% of the total supply in the segment of new excavators.
In terms of demand, the top three also consist entirely of Chinese brands. These are LGCM (11.4%), RS (10.6%) and Shanmon (10%). Moreover, the first two are new to the Avito Special Equipment platform: in April-March 2023 they were not presented on it. But in just two months (from January-February 2024), the demand for these brands has increased several times: by 308.5% for LGCM excavators and by 545.6% for equipment from RS.
The leader in demand among the models was the compact and maneuverable Shanmon 388H: it received 9.4% of the total demand. Its average price is 6,700,077 rubles. In second place with 8.9% of demand is the LGCM LGB88H wheeled backhoe loader. Its average price is 5,585,005 rubles.
The third place is occupied by the RS 4CX with a share of 6.3%. On average, it will cost more than other representatives of the top three: its price is 7,700,000 rubles.
Top 5 new excavators by share in demand, March-April 2024, Avito Auto
BrandModelShare in demand Average price, rub.Shanmon388H9.4%6,700,077LGCMLGB88H8.9%5,585,005RS4CX6.3%7,700,000RedstarT28/284.4%6,390,000RS3CX4.2%6,850,000
In addition, the top 10 models of new excavators in demand include the LGCM LGB88, two models of the Turkish Cukurova brand — 888 and 884, as well as the Chinese LiuGong CLG777A and JIAHE JH9150. The share of each of them is less than 3%.