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 Q1 of 2024 takes a closer look at the European supply, demand, and sales of tractors, wheel loaders, crawler excavators, truck tractors and telehandlers. 

5 highlights for Q1: 

• Tractors: ⬆44% increase in the median price at auctions compared to the same period last year.
• Wheel loaders: ⬆26% increase in Ritchie Bros. auction sales compared to Q1 2023.
• Crawler excavators: the median age at auction sales was 9 years.
• Truck tractors: ⬆39% increase in the volume of listings & ⬇9% decrease in demand on Mascus.
• Telehandlers: ⬇7% decrease in the median price at auctions compared to the same period last year.

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