Insider Header
FocusOn Landscapers | FocusOn Equipment Rentals | FocusOn Mining, Aggregates & Construction | FocusOn Land Improvement Contractors
Spacer
BOBCAT CE
Trending Industry Stories
Spacer
Doosan Construction Equipment Rebranded as Develon- FocusOn Group
Sabanto Releases First Autonomy Kit for Kubota M5 Tractors
How Sustainable Drainage Systems Improve Climate Change Resilience
BOBCAT EXCAVATORS JUST GOT BIGGER.
VOLVO CE to Showcase Solutions for a Changing Industry at Conexpo 2023 - Take a FlyBy Tour Here!
Hyundai Construction Equipment Americas Announces CONEXPO Plans
North Carolina has Suffered Disastrous Floods. Could Farmers Help?
Father and Son Owners of Jacksonville Construction Firms Sentenced to Federal Prison
Merlo P50.18HM. Heavy handling with a light touch
How to Diversify Your Workforce Talent Pools with Intention (and Maximize Results)
You Can Adopt a Drain in San Francisco — With Naming Rights Included
DOL Seeks Nominations for Membership to National Advisory Committee on OSHA
How to Diversify Your Workforce Talent Pools with Intention
Spacer

Spacer
Name*

Spacer
Email*

Spacer
City*

Spacer
State/Province*

Spacer

Spacer
Ritchie Bros. Monthly Market Trends November Report

Original source: Ritchie Bros.

RBMT21220010.png





The November report digs into earthmoving equipment data, with detailed volume & pricing charts for large construction assets like articulated dump trucks, hydraulic excavators, and dozers, as well as breakdowns for compact equipment categories like skid steer loaders and loader backhoes.


The biggest trend seen in this report overall is the continued rise in popularity of compact equipment. A perfect example of this can be seen through U.S. excavator sales, where large unit volumes are down significantly, while mini excavator sales have increased.


Today, smaller equipment is much more powerful than it used to be, capable of doing a lot more work. However, there are still a lot of jobs that require larger machines.




In the U.S., large excavator volumes are down, while prices are up. Excavator prices are also on the rise in Canada while volumes decline. Meanwhile, volumes & prices for mini excavators in the U.S. and Canada have both increased in 2022.


Looking at wheel loaders and dozer sales, you will see similar trends, especially in the United States. In
the U.S., dozers and wheel loaders have seen price declines in Q3, while loader backhoes and skid steer loaders have increased in price.


In Canada, with smaller overall volumes, pricing for dozers and wheel loaders have are still seeing a slight uptick this year, while compact equipment like multi- terrain and skid steer loaders have experienced more substantial increases.


 


Click on source link for full report.







... GO TO Market Trends November Report TO READ MORE

Google Email Twitter Linkedin Facebook

Spacer
The FocusOn Group

FocusOn Landscapers
FocusOn Equipment Rentals & Retailers
FocusOn Mining, Aggregates & Construction
FocusOn Land Improvement Contractors
About

The FocusOn Industry Insider, bringing you breaking news and information relevant to your industry.
Contact

We hope you enjoy this no charge service for FocusOn subscribers. Suggestions for making the Insider better? editor@thefocusongroup.com.

Would you like to advertise with us?
Advertising Inquiry
Email to a friend Subscribe Advertise