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Truck cranes increased by 51% year-on-year in a single month, and the shortage will continue until the end of the third quarter

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2022/08/11

In June, 3,198 truck cranes were sold, a year-on-year increase of 51% and a month-on-month increase of 6%. From January to June, a total of 16,625 truck cranes were sold, a year-on-year increase of 74%. Soochow Securities (market 601555, diagnostic stock) analyzed that cranes and concrete machinery relay excavators are growing at a high rate, and it is expected that the crane shortage will continue until the end of Q3 (+50% for the whole year).