Market Trends Report: Used Heavy Machinery and Industrial Vehicles, European Edition Q4 2021
A free report covering the offer and demand trends
In our quarterly Market Trends Report, we provide valuable insights on several used equipment market trends in Europe based on 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 last quarter of 2021 for articulated dump trucks, backhoe loaders, midi excavators, mobile excavators, crawler tractors and all-terrain cranes.
“Stats based on Mascus listings show a clear decrease in equipment stocks in our clients’ yards while the average age of used equipment for sale is rising. The same trend is occurring with auction lots where both the age of the machines and the prices are increasing.”Johan Lustig
Product Manager, Valuation Services
Below is a sample of the market insights that you will find in this report.
The volume of all-terrain cranes for sale in 2021 remained elevated in Q4 2021 vs. the previous year. The demand for these cranes in Europe exceeded Q4 2020 by 32% and 11%, as reflected in direct calls to sellers and email requests, respectively.
Top 5 most wanted brands & top countries buying all-terrain cranes on Mascus
Liebherr was by far the most demanded brand of all-terrain cranes in the last quarter of 2021 in Europe. This data is based on the number of buying enquiries (emails, phone calls) to sellers. The strongest demand came from the Netherlands and Germany.
Median price of backhoe loaders sold in Ritchie Bros. auctions across Europe increased by +44%
2021 ended on a high note for backhoe loaders sold through Ritchie Bros. sales channels, with the number of units sold almost doubling in Q4 compared to the previous year.
Median pricing of these units registered a massive increase (+44%) in Q4 compared to 2020. JCB remained at the top of the brand list with the highest number of sold units in Q4. The Netherlands, Spain, and Italy were the top three countries buying backhoe loaders.
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Communications Specialist & Social Media Manager at Mascus