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MARKET TRENDS REPORTS
Used heavy machinery data & industry trends in Europe
Welcome to our Market Trends Report! With a massive amount of data on the European used equipment and truck market that we have available via our Ritchie Bros. sales channels (auctions, Mascus, Marketplace-E, and more), we’re able to provide valuable insights and forecast the latest trends in the industry.
Our report for Q2 of 2024 takes a closer look at the European supply, demand, and sales of some of the most rented heavy equipment: telehandlers, boom lifts, scissor lifts and mini excavators.
4 highlights for Q2:
- Telehandlers: ⬆34% increase in the volume of listings & ⬇8% decrease in demand on Mascus.
- Boom lifts: ⬆30% increase in Ritchie Bros. auction sales compared to Q2 2023.
- Scissor lifts: ⬇30% decrease in the median price at auctions compared to the same period last year.
- Mini excavators: the most popular model sold at auctions was the JPC HT12.
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