【银河机械鲁佩】行业动态 2025.12丨挖机内外销:12月+10.9%/+26.9%,25年+18%/+16%

中国银河证券研究
Jan 13

【报告导读】1.12月份挖机内外销分别增长+10.9%/+26.9%。2.其他产品:11月汽车起重机、履带式起重机、随车起重机、叉车、升降工作平台内销同比均双位数增长。3.12月国内开工小时数同比仍走弱;11月小松海外开工小时数:北美和印尼同比正增长,欧洲和日本同比下滑。4.1-11月中国工程机械出口额同比+12.4%;约翰迪尔预期北美大型农机行业26年下滑15-20%。核心观点12月份挖机内外销...

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