China is an important export destination for Saudi Arabian construction machinery, and the local market demand is strong

Recently, Saudi Arabia, the United Arab Emirates and other Middle Eastern countries are promoting a number of large-scale infrastructure projects, resulting in a great demand for construction machinery and equipment such as loaders, cranes, and concrete mixers.

Construction machinery refers to mechanical equipment used in construction projects such as building construction, earth and stone work , highway engineering, water conservancy projects, mining projects, etc., including excavation machinery (excavators, trenchers, etc.), earth-moving and transportation machinery (bulldozers, scrapers, loaders, graders, etc.), lifting machinery (tower cranes, self-propelled cranes, etc.), pile-driving machinery (drilling machines, vibratory pile drivers, etc.), road machinery (leveling machines, ballast cleaning machines, etc.), rock drilling machinery (rock drilling rigs, pneumatic rock drills, etc.), etc.

According to the "2024-2028 Global Construction Machinery Market Investment Environment and Investment Prospects Assessment Report" released by New Comments, according to Statista data, the global construction machinery market size is expected to exceed US$200 billion in 2028. In terms of regions and countries, the fields of construction, real estate, infrastructure construction, etc. in North America and the Middle East are showing a booming development trend, so the construction machinery market has a large room for growth. According to Mordor Intelligence forecast data, the Middle East construction industry is expected to be worth US$2.4 trillion in 2027, with a compound annual growth rate of 5.7% during the forecast period. Middle Eastern countries such as Saudi Arabia and the United Arab Emirates are promoting a number of large-scale infrastructure projects, resulting in a large demand for construction machinery and equipment such as loaders, cranes, and concrete mixers.

Construction machinery is an indispensable equipment in the construction field, which can complete operations such as material transportation, loading and unloading. Under the influence of various factors, Saudi Arabia's construction output value continues to expand. For example, the government is promoting infrastructure construction in areas such as transportation tunnels and airports, and real estate developer ROSHN Homes plans to increase the number of houses, mosques, schools, etc. According to Knight Frank data, Saudi Arabia's construction output value is expected to reach US$181.5 billion by the end of 2028. Against this background, the demand for Saudi Arabia's construction machinery market will further expand.

Saudi Arabia is an important strategic partner of China and one of the major export destinations for construction machinery and equipment. In 2023, the total value of China's construction machinery exports to Saudi Arabia will exceed 3.5 billion yuan, and the compound annual growth rate of its total exports from 2020 to 2023 will be as high as 65.0%. In terms of segmented products, from January to July 2024, Saudi Arabia had a high total import value of excavators, road rollers, transfer machines, crawler cranes and other equipment, ranking among the top ten export countries to China.

Global market analysts said that construction machinery is an important part of the equipment industry and is widely used in construction, mining, transportation construction, national defense construction, energy industry construction and other fields. As the scale of construction output value continues to expand and the infrastructure construction sector actively develops, the demand for construction machinery in Saudi Arabia is relatively strong. Chinese construction machinery equipment not only has a relatively complete supply chain and cost performance advantage, but also has increasing competitiveness in the international market. Therefore, there is great potential for export to the region.