Rock to Road

News Heavy Equipment
Excavators take centre stage in latest market trends summary report


December 7, 2020
By Rock to Road

Topics
Photo courtesy of Ritchie Bros.

Vancouver – Ritchie Bros. released its latest Market Trends Summary Report, which digs deep into industry pricing trends and it discusses one of the company’s most popular equipment categories: excavators.

“In a year of volatility, excavator pricing has remained relatively stable,” said Doug Olive, senior vice president of pricing.

Used Commercial Assets – December 2020 Summary Highlights
Equipment CategoryUSACanada
Used heavy equipmentPrices steady (± 1.5%) year over yearPrices increased 1% (± 1.5%) year over year
Truck tractorsPrices increased 7% (± 1.5%) year over yearPrices steady (± 1.5%) year over year
Vocational trucksPrices increased 3% (± 1.5%) year over yearPrices steady (± 1.5%) year over year
Lifting/material handlingPrices steady (± 1.5%) year over yearPrices increased ~2% (± 1.5%) year over year

Advertisement
Print this page

Related
Latest market trends summary covers Canadian material handling sales
Ritchie Bros.’ June used equipment pricing report now available to download
Report on key trends in Canadian construction
Aggregates market trends and opportunities to 2020

Tags



Leave a Reply

Your email address will not be published. Required fields are marked *

*