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 2023 takes a closer look at the European supply, demand, and sales of 3 types of aerial equipment –boom lifts, scissor lifts and telehandlers– and 2 types of road construction equipment –tandem rollers and asphalt pavers.

3 highlights for Q2: 

• Telescopic handlers: +41% sales through Ritchie Bros. auctions compared to Q2 2022.
• Scissor lifts: -31% in the median price compared to the same period last year.
• Boom lifts: The highest interest came from buyers in the Netherlands, both on Mascus and Ritchie Bros. auctions.

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