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 Q3 of 2024 takes a closer look at the European supply, demand, and sales of essential machines for various industries – tractors, truck tractors, wheel loaders, site dumpers, and diesel forklifts. 

5 highlights for Q3:

• Tractors: ⬆59% increase in Ritchie Bros. auction sales compared to Q3 2023.
• Truck tractors: ⬆19% increase in the volume of listings & ⬇29% decrease in demand on Mascus.
• Wheel loaders: the highest demand for listings on Mascus came from Germany, the Netherlands and Sweden.
• Site Dumpers: ⬆43% increase in Ritchie Bros. auction sales compared to Q3 2023.
• Diesel forklifts: ⬇28% decrease in the median price at auctions compared to the same period last year