In 2021, due to the dual impact of "comprehensive national six" and weak demand, the heavy-duty truck market and many of its segments have shown a trend of "high before and low after", and the segment of heavy-duty dump trucks has dropped by more than 50% in the 6 months in the second half of the year, and the average decline in the six months from June to December has reached 57%.
At the beginning of 2022, the overall performance of terminal sales in the heavy-duty truck market is still weak, and what kind of performance will the segment of heavy-duty dump trucks start in 2022? In the new year, will the industry pattern of heavy dump trucks undergo new changes?
Take a look at the analytical reports brought by the first commercial vehicle network.
Sales of only 3,712 units fell 76% to start with the worst january of three years
According to the terminal sales data mastered by the first commercial vehicle network (traffic insurance caliber, excluding exports and military vehicles), in January 2022, the domestic heavy-duty dump truck market sold a total of 3712 vehicles, down 51% month-on-month, down 76% year-on-year, and expanded from the continuous decline momentum starting in the second half of 2021 to "7 consecutive declines".
From the monthly trend of domestic heavy-duty dump truck terminal sales in the past 3 years, the monthly sales of 3712 vehicles is undoubtedly a very poor performance, you know, the heavy-duty dump truck market in the second half of 2021 "6 consecutive declines", the average monthly sales also exceeded 9,000 vehicles, less than 4,000 terminal sales in January this year is not only the worst performance in January in the past three years, compared with any month of terminal sales in the past two years, it is almost "completely defeated", only higher than the sales in February 2020.
According to some media reports, at the beginning of 2022, thousands of major projects across the country began construction. This is actually very positive for the heavy-duty dump truck market, but due to the Spring Festival holiday and the impact of the epidemic, this wave of "good" has not been reflected in the terminal sales in January.
Dongfeng picked the first crown of the New Year Yutong and Xugong reversed the promotion of the top six
In January 2022, the domestic heavy-duty dump truck terminal market fell by 76% year-on-year, and the mainstream enterprises in the heavy-duty dump truck market (the top 10 in sales) collectively ate 89.30% of the entire market share.
January 2022 domestic heavy-duty dump truck market sales list (unit: unit)
In January 2022, the heavy-duty dump truck market continued to suffer a sharp decline, but the decline is not the only melody, as in December 2021, there are 3 companies in the heavy-duty dump truck market that have achieved growth, namely Xugong Heavy Truck, Yutong Group and Sany Group. Among them, XCMG heavy trucks ranked in the top 5 of the monthly list with 326 vehicles, an increase of 105% year-on-year, and further after creating the highest ranking of the sixth in the monthly list last month; Yutong grabbed the 6th place in the monthly list in the heavy-duty dump truck market in the first month of the year with 311 vehicles and 8.38% of the monthly share, which was also one place higher than the previous month's ranking; Sany Group's sales in January increased by 55% year-on-year, which is another company that achieved growth. It is worth mentioning that these three companies are also the three companies that achieved growth in the dump truck market in December last year.
In addition, the decline in the heavy-duty dump truck market in January reached double digits, many companies fell by more than 70%, and 4 of the top ten companies in monthly sales fell by more than 76% of the overall market, of which the most serious decline in January sales fell by 90% year-on-year.
In January 2022, no company in the heavy-duty dump truck market sold more than 1,000, which was 1 in December 2021 and 3 in November 2021. In January, Dongfeng won the first monthly heavy-duty dump truck sales champion in 2022 with a monthly share of 15.14%, which is the second consecutive month that Dongfeng ranked first in this segment; Sinotruk ranked second with a monthly share of 515 vehicles and 13.87%; Jiefang ranked third in the industry with a monthly share of 382 vehicles, with a monthly share of 10.29%, and the top three monthly sales list were consistent with December 2021; Foton and Xugong ranked with sales of 348 and 326 units, respectively. Ranked 4th and 5th in the monthly list of heavy-duty dump trucks in January, with a monthly share of 9.38% and 8.78% respectively. In January this year, the combined share of the top five in the industry reached 57.46%.
The proportion of new energy models has increased significantly, and new energy will be a new point of competition
The first commercial vehicle network noted that of the terminal sales of 3712 heavy-duty dump trucks in January 2022, 839 were new energy models, accounting for 22.6%, which was a full 15 percentage points higher than the proportion of new energy heavy trucks in the terminal sales of the heavy-duty truck market in January (7.5%). In January 2022, the "penetration" of new energy models in the field of dump trucks is very fast, and it should be known that new energy models account for less than 1% of the dump truck market in 2021.
In January 2022, among the top ten heavy dump truck terminal sales enterprises, XCMG heavy truck and Yutong Group's new energy model sales exceeded 300 vehicles, and the proportion of heavy dump truck sales in January reached 95.4% and 99.04% respectively, it can be said that XCMG and Yutong achieved sales growth in January, and the good performance of their new energy models was indispensable; Sany Group, another company that achieved growth in the heavy dump truck market in January, 50 of the 138 dump trucks sold in January were new energy models , accounting for 36.23%, also exceeding the proportion of new energy models in the dump truck market in January 22.6%.
The first commercial vehicle network analysis believes that in the context of the national "double carbon strategy", new energy models will be a new competitive point in the field of heavy-duty dump trucks, and the pattern of the future heavy-duty dump truck market may undergo new changes because of this new competition point, and the continuous "upper position" of XCMG heavy trucks and Yutong in the past two months is a good proof.
In the first month of 2022, the heavy-duty dump truck market failed to get a good start, but the next market is still worth looking forward to. On the one hand, the demand for dump trucks in major projects that have been started in various places after the beginning of the year will inevitably be reflected in the terminal sales in the next few months; secondly, in the areas and working conditions where the commercial operation of new energy models such as power plants, steel mills, and mining areas is becoming more and more mature, pure electric dump trucks are also sales "responsible", and the prospect is also worth looking forward to. And is the trend of the heavy-duty dump truck market this year really as predicted? Maybe soon.