Construction equipment sales in Brazil to fall 13%

Sale of construction equipment machinery in Brazil are expected to decline 2023 following a strong 2022

Sales of construction equipment machinery in Brazil are expected to decline 13% in 2023 compared to 2022, according to The Sobratema Study of the Brazilian Construction Equipment Market.

The study, caried out by the Brazilian Association of Technology for Construction and Mining (Sobratema), estimates that 52,400 units will be sold this year compared to 60,300 units in the previous year.

This drop in volume of machines sold in 2023 does follow a ‘historic’ year of high sales in 2022 – said to be the highest level of sales for the sector since 2007.

This year’s results reflects the challenge encountered by companies due to higher interest rates, carrying out fewer infrastructure works, the smallest public budget for investments in the construction sector, and the stoppage of other projects.

Sales of equipment were positive in four of the nine categories: off-road trucks (117%), rollers compactors (69%), mini-cargoers (15%) and mini diggers (2%). The categories with the highest sales volume showed retraction were: loaders (-30%,), hydraulic excavators (-41%) and backhoes (-13%).

The ‘other equipment’ category of the Sobratema Study, which includes cranes, portable compressors, telehandlers, lifting platforms and concrete equipment, also forecasts a 6% decrease in sales compared to 2022, with 7,400 units sold, compared to 7,900 machines sales last year.

For next year, the Sobratema Study of the Brazilian Construction Equipment Market estimates a sales growth of around 7% for the yellow line (earthmoving equipment) machine segment and 6% for the construction equipment sector.