“Modest” growth in construction equipment sales revealed

SALES of construction and earthmoving equipment showed a “modest” growth of 2% in 2018, new figures have revealed.

Prior to an 8% fall in sales in Q4 (compared with Q4 2017), the trend over the previous two years had been to show “steady but slowing” growth on a quarterly basis, according to the construction equipment statistics exchange.

Sales in the UK market reached nearly 31,000 units last year. Crawler excavators (over ten-tonnes) showed the strongest growth, rising 16% on 2017 figures.This pushed mini/midi excavators into second place at 4% growth.

It was a different story, however, for telehandlers, which experienced “weak” sales in the second half of the year, resulting in total sales being 10% below 2017 levels.