摘要: |
OHR figures show that Japan's equipment sales rose 3% to 67,645 units, compared to 65,645 units in 2019, indicating that Japan, along with China, managed to buck the downward global trend. Despite the pandemic causing a significant slowdown in the first half of the year, OHR explains that increased public spending on infrastructure was a trigger for the recovery in the second half of the year. This was particularly apparent in medium-sized equipment such as crawler excavators and wheeled loaders. Additionally, OHR says there was a certain amount of pent-up demand in Japan. The consultancy says that the introduction of higher consumption tax in 2019 distorted the normal seasonal pattern to some extent and demand fell once the new 10% rate was introduced in October. However, OHR notes that fleet renewal cannot be put off indefinitely, and sales in 2020 were lifted somewhat as a result of the unnaturally low sales in the latter part of 2019. "Having said that, the Japanese market is a relatively consistent one, with sales for the last four years coming in between 63,000 and 68,000 units per annum. So, while a 3% fall in demand is forecast for this year, it is arguably more accurate to view it as a continuation of a stable sales pattern," OHR states. |