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Mexico New Market Trends Report reveals 33% price increase for boom lifts
A free report about the latest used equipment supply and demand trends
In our quarterly Market Trends Report, we provide insights on several used equipment market trends in Europe based on equipment transaction data available through Ritchie Bros., the global leader in heavy machinery and industrial vehicles disposition, and Mascus, the leading European online listing service for used heavy equipment.
With this edition, we take a closer look at the volume of machines for sale and the demand registered in the third quarter of 2022 in 4 key construction equipment categories in Europe: crawler excavators, wheel loaders, mini excavators, and boom lifts.
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Below is a sample of the market insights that you will find in this report.
Boom Lifts
Median price of boom lifts sold on Ritchie Bros. sales channels across Europe increased by 33%
The volume of boom lifts sold through Ritchie Bros. in Q3 2022 increased by 22% compared to the previous year. Overall, the median price for boom lifts increased by 33% in connection with a decrease by 2 years in median age versus Q3 2021.
Top-selling brands & buyer locations for boom lifts on Mascus
Only 18% of the machines were purchased locally in the same country, while 73% were sold to buyers from other countries within Europe. The most frequently purchased model was the Genie Z-45/25J (24 units sold for a median price of €31.029 per unit).
Mini excavators
In Q3, the number of mini excavators listed for sale on Mascus surpassed 5.000, similar to pre-pandemic supply trends. The volume of units for sale in Q3 increased strongly by 47% versus the previous year. At the same time, demand for this type of excavator remained the same in terms of direct calls to sellers, however, email buying requests decreased by 26% compared to Q3 2021.
2018 Cat 313f L Tracked Excavator
Top 5 – Most wanted brands | Most active purchasing by country
By far, buyers from Germany showed the highest interest in mini excavators, while Kubota was the most popular brand among buyers in Europe.
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2018 Cat 313f L Tracked Excavator
2020 Cat 330 Long Reach Tracked Excavator
2017 Cat 308e2 Cr Tracked Excavator
2020 Case Cx250d Tracked Excavator
2016 Komatsu Pc290lc-11 Tracked Excavator
2021 John Deere 350glc Tracked Excavator
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2004 Bobcat 337 Mini Excavator: <6.6t
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2018 Mec 60-j Hybrid Articulating Boom Lift
2018 Cat D8t Crawler Dozer
2014 Genie S-65 4wd Diesel Telescopic Boom Lift
2022 Vermeer S925tx Mini Compact Track Loader
2017 Genie S85 4wd Diesel Telescopic Boom Lift
2018 Snorkel 660sj 4wd Diesel Telescopic Boom Lift
2015 Komatsu D39px-23 Crawler Dozer
2017 Bobcat A770 All-wheel Steer Two-speed Skid Steer Loader
2015 Jlg 450aj 4wd Diesel Articulating Boom Lift
2005 Cat D4g Xl Crawler Dozer
2017 Genie Sx-135 Xc 4wd Diesel Telescopic Boom Lift
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2019 John Deere 750k Lgp Crawler Dozer
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2015 Genie S-85 4wd Diesel Telescopic Boom Lift
2013 John Deere 210k 4x4 Landscape Loader
2018 Komatsu Wa200-8 Wheel Loader
2021 Cat 259d3 Two-speed Compact Track Loader
2017 Toro Tx1000 Mini Compact Track Loader
2007 Case 821e Wheel Loader
2006 John Deere 410g 4x4 Backhoe Loader
2011 Case 580 Super N 4x4 Backhoe Loader