The reasons for the good performance of the tractor market in the first quarter of 2021 are roughly as follows:
First, the volume of express logistics business increased sharply in the first quarter of this year, which gave rise to a surge in tractors that undertake the express delivery trunk logistics market.
Before and after the Spring Festival this year, many residents across the country are purchasing New Year’s goods online; prevention and control of the COVID-19 epidemic requires the promotion of “New Year on the spot” in various places. The rapid development of e-commerce has led to the rapid growth of express logistics business in the first quarter of this year. According to the data, as of March 24 this year, in only 83 days, the express business volume this year exceeded 20 billion pieces, which is close to the total number of the whole year of 2015, and the average daily service users approached 500 million person-times, a sharp increase year-on-year.
This will inevitably push up the rapid growth of the express delivery market in the first quarter of this year, and the main logistics market of express delivery and express delivery is mainly mid-to-high-end heavy truck tractors, which will inevitably lead to a surge in the tractor market in the first quarter of this year.
Second, due to the need for epidemic prevention and control during the Spring Festival this year, many auto companies’ employees will “enjoy the New Year on the spot”, and many auto companies will produce at full capacity during the Spring Festival, which has provided a guarantee for the market’s rigid demand and promoted the growth of the tractor market.
Third, the promotion efforts were strong at the beginning of the year, and a large number of orders were harvested.
This year’s National VI switchover is imminent. Many car companies have organized various large-scale promotional activities in the beginning of 2021, which is the “start-up battle”, and the intensity has been unprecedented. They have received a large number of National V diesel tractor orders (National VI diesel tractors). To add urea, the after-treatment system is troublesome, and it is more than 30,000 to 50,000 yuan more expensive than the national five), which undoubtedly pushed up the growth of the tractor market in the first quarter of this year.
Fourth, the introduction of new infrastructure policies in various regions at the beginning of the year promoted the growth of the tractor market.
In the first quarter of this year, local governments have successively launched various key investment plans. The start of many engineering projects has increased demand for construction materials, which has increased the demand for tractors for medium and long-distance road transportation, which is bound to promote the tractor market in the first quarter of this year. growth of.
Fifthly, thanks to the dividends brought by the national overriding control policy and the new national standard GB1589 policy, the implementation of the overriding control policy has stimulated the elimination and renewal of some tractors in use.
Sixth, the sales base affected by the epidemic last year was small, leading to a large year-on-year increase this year.
Affected by the epidemic in the same period last year, the production capacity and market of auto companies have not fully recovered. Many auto companies are in a state of suspension or semi-stop production, and the sales base is small. In the first quarter of this year, the year-on-year increase in tractors is inevitable.