Further growth in retail sales of construction and earthmoving equipment continued in March, with 11% increase compared with March 2024.
This is the fifth month in a row where sales have been higher than the same month in the previous year, indicating a recovery in market activity, says the CEA. Sales in the month were just under 3,000 units and reached the highest monthly level since the first half of 2023. Following the increase in March, sales in the first quarter of the year reached over 6,900 units and saw an 8% increase on Q1 2024 levels.
Excavators, the highest volume products, have continued to drive the increase in sales this year. This includes both crawler excavators and mini/midi excavators, where combined sales in the first quarter were nearly 19% above Q1 2024 levels.
After this, telehandlers (for construction) were the best performing product, and saw sales at similar levels to last year in the first quarter. Telehandlers were the strongest performing product group in 2024. Wheeled loaders have been the weakest high volume product this year, with sales at 33% below last year’s levels in the first quarter.
For more information, CLICK HERE
