Ritchie Bros has released its latest Market Trends Report for the third quarter of 2024, offering valuable insights into the European used equipment and truck market. Drawing on extensive data from Ritchie Bros’ sales channels —including auctions, Mascus, Marketplace-E, and more— this report highlights trends and forecasts within the region’s used heavy machinery sector, providing buyers and sellers with the information they need to make informed decisions, and navigate the dynamic landscape.
Committed to delivering comprehensive market intelligence, Ritchie Bros delves into essential equipment categories such as tractors, truck tractors, wheel loaders, site dumpers, and diesel forklifts, presenting a snapshot of supply, demand, and pricing trends across Europe.
Top Five Highlights from Q3 2024
D
- Tractors: Ritchie Bros auctions saw a significant 59% increase in tractor sales compared to Q3 2023, underscoring high demand and strong market interest in agricultural machinery.
- Truck Tractors: While the volume of listings for truck tractors on Mascus rose by 19%, demand declined by 29%, indicating a shift in market dynamics and buyer preferences.
- Wheel Loaders: Germany, the Netherlands, and Sweden showed the highest demand for wheel loader listings on Mascus, illustrating the regional need for this versatile equipment type.
- Site Dumpers: Auction sales for site dumpers surged by 43% compared to Q3 2023, highlighting their growing role in construction and infrastructure projects.
- Diesel Forklifts: Median auction prices for diesel forklifts dropped by 28% year-over-year, suggesting opportunities for buyers looking for cost-effective equipment options.
Copyright 2017-2023 All rights reserved.