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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 Q4 of 2023 takes a closer look at the European supply, demand, and sales of construction equipment – mini excavators, mobile excavators, and skid steer loaders – and two of the most popular transportation vehicles – truck tractors and panel vans.
3 highlights for Q4:
- Mini excavators: +102% increase in Ritchie Bros. auction sales compared to Q4 2022.
- Mobile excavators: +41% increase in the median price at auctions compared to the same period last year.
- Truck tractors: +51% increase in the volume of listings & -17% decrease in demand on Mascus.
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