The impact of the Japanese earthquake and tsunami on China's construction machinery industry chain
the impact of the Japanese earthquake and tsunami on China's construction machinery industry chain
China Construction machinery information
Guide: the Japanese earthquake has a great impact on the complete construction machinery market. The earthquake affected area is large, and the reconstruction work is heavy. There is no doubt that the demand for construction machinery in Japan will rise sharply. This will enable Japanese enterprises to increase the sales of construction machinery at home, which may reduce the export volume to China
the impact of the Japanese earthquake on the construction machinery market
the earthquake affected area is large, and the reconstruction work is heavy. There is no doubt that the demand for construction machinery in Japan will rise sharply. This will enable Japanese enterprises to increase the sales of construction machinery in China, which may reduce the export volume to China
according to the statistics of China Construction Machinery Information (), Japan's exports to China in the machinery industry are more than US $100 million/month. In 2009, 78-80% of China's Excavator imports came from Japan, about 8.3 billion yuan; 19% of the cranes come from Japan, about 500million yuan; Among the loader imports, 2 promote the construction of Lunan high-tech chemical industry park and the technological innovation and industrialization base of new chemical materials of the Chinese Academy of Sciences. 1~23% come from Japan, 80 million yuan; 76% of bulldozers come from Japan, about 430million; 13% of road rollers come from Japan; 2% of the pavers are from Japan. There is no data on the import of concrete mixing machinery from Japan. Assuming that 30% is from Japan, it corresponds to about 200million yuan. Analysts in China's construction machinery information industry believe that the earthquake has a negative impact on the production and operation of Japan's construction machinery industry in the short term, but it has not had a bone breaking impact on Japan's construction machinery industry. It is mainly based on the fact that the production capacity of Japan's construction machinery industry is distributed globally and has been better localized. Some production capacity and products can be deployed according to market conditions. In addition, most local factory production facilities have not been directly damaged, With the restoration of infrastructure after the earthquake, production will gradually resume
it is preliminarily estimated that the import amount of China's construction machinery from Japan reached 9.5 billion yuan in 2009, 87% of which came from the import of excavators. At the same time, the market share of Japanese excavator brands in the Chinese market is close to half, but the key components of their excavators are also imported from Japan, which may have an impact on the market share of Japanese brands to turn off the main motor source. Therefore, the listed companies related to domestic excavator brands benefit relatively greatly
in addition, will the rising demand for construction machinery in Japan benefit the exports of domestic construction machinery enterprises? We found that China's current construction machinery exports are mainly concentrated in Brazil, Iran, Algeria, India and other countries, and exports to Japan are very small, with less than 3% of excavators; The loader outlet is less than 2%; Bulldozer outlet is less than 2%; The export of roller to Japan is less than 3%; The outlet of paver is less than 2%; The export of cranes to Japan is less than 5%. Analysts in China's construction machinery information industry believe that China's exports of concrete pump trucks and cranes to Japan are expected to increase due to their high cost performance, while domestic excavators, bulldozers, loaders and other machinery are difficult to export to Japan because their emission requirements do not meet Japanese standards. The impact of the Japanese earthquake and tsunami on the domestic and international complete machine market of China's construction machinery industry: Komatsu's production capacity of complete construction machinery, parts and engines in Japan has been weakened, and its construction machinery products produced in China will be sold back to Japan. The data display, data storage, printing, etc. of Chinese OEMs may face greater domestic and international market space
the impact of the Japanese earthquake on the construction machinery accessories
and put forward requirements and hopes for the work of the special committee: the Japanese earthquake and tsunami have a certain impact on China's construction machinery industry, the engine supply may decline, the engine capacity of Isuzu may be damaged, and the excavator production of domestic manufacturers will be affected. Cummins engine is mainly produced outside Japan and will not be affected by the earthquake. However, considering the existing spare parts inventory, it is expected that domestic OEMs can maintain normal production in the short term. Among the excavator main engine plants, Liugong's production will not be affected due to the use of Cummins engine, and may benefit from the limited capacity of other main engine plants
in terms of hydraulic parts supply, Japanese hydraulic parts are mainly produced by Kawasaki, whose production base of hydraulic parts is far away from the earthquake stricken area, with little impact, so the supply of hydraulic parts produced by domestic excavators will remain stable
the impact of the Japanese earthquake on the downstream of construction machinery
the earthquake and the tsunami caused by the earthquake have caused great damage to buildings in northeastern Japan. According to statistics, the reconstruction of houses and infrastructure after the disaster will form a great demand for construction. As Japan is a traditional building power and construction power, it is an important exporter in the international contracting market, Therefore, it is difficult to form a direct contract demand for Chinese construction enterprises, and the demand for Chinese construction machinery will not change greatly, but objectively, it may still affect the supply and demand structure of the short-term international project contracting market. Therefore, China's construction machinery exports will benefit less from the reconstruction needs brought about by the earthquake
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