April 2025 Construction Machinery Market Index Express

April 2025 Construction Machinery Market Index Express

The year-on-year growth rate of CMI index in April increased by 8.94 percentage points, while the month on month growth rate decreased by 18.65 percentage points, indicating that the domestic construction machinery market still showed overall year-on-year improvement in April. However, on a month on month basis, the market heat is slightly weaker than in March. In late April, the market still showed asynchronous differentiation characteristics, but the overall market still maintained a steady recovery trend.

According to publicly available data from the China Construction Machinery Industry Association, a total of 29590 mining machinery products were sold in March 2025, of which 19517 were sold in the domestic market and 10073 were exported; A total of 13917 loaders were sold, of which 8168 were sold in the domestic market and 5749 were exported; A total of 153084 forklifts were sold, of which 107849 were sold in the domestic market and 45235 were exported;

From the perspective of increasing investment on the demand side, the growth rate of investments in black metals, non-ferrous metals, public facilities, infrastructure, and other areas has improved to varying degrees. However, the growth rate of related indicators in real estate, coal, and other fields has deteriorated. Except for highways and real estate, which are currently negative growth areas, other demand areas are still in the space of investment increment.