Ritchie Bros. Asset Solutions Takes an In-depth Look at Trends in Excavator Sales in the U.S. and Canada

Source: Ritchie Bros. Overall, excavator auction volumes are down year over year, particularly in the United States, as new production is slow, companies are busy, and so is their equipment. In the first half of 2022, we sold approximately 33% fewer large excavators in the U.S. compared to same time period in 2021. Meanwhile, Canadian large excavator volumes have been fairly steady—only declining 5% in 2022 vs. 2021. July was another huge month full of valuable insights for consignors and buyers—download the report and start digging through our data today! DOWNLOAD REPORT>>