Mini excavator sales in Germany totalled 14,829 units last year. This represented a four per cent decline on 2016 but was still the second highest year on record. The peak of 2016 and 2017 has seen higher sales than either the previous high in the pre-crisis years of the mid-2000s or the reunification boom of the early 1990s.
Commenting on the current high in the market, Off-Highway Research’s new Equipment Analysis on the German Mini Excavator Industry said, “Demand has been underpinned by a booming construction sector, currently one of the main growth drivers in the German economy, and in particular by the surge in residential construction as the country attempts to rectify the drastic shortage of affordable housing. General construction has also contributed significantly to the industry’s growth, whilst record-low borrowing costs have encouraged both rental companies and private contractors to invest heavily in machinery fleets.”
Off-Highway Research’s August 2018 Mini Excavators Germany Equipment Analysis is now available to subscribers to the European Service. Click here to log in. The study includes sections on market size and trends, production, component sourcing, foreign trade, market shares, marketing and distribution, pricing, population and end-users and features a five-year sales forecast. All sections included detailed data tables and in-depth analysis of trends.