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About UsYantai Gao Hong Hydraulic Technology Co., Ltd. is located in Yantai Economic and Technological Development Zone. Mainly engaged in construction machinery, ships, agricultural machinery, coal machinery, military, aerospace hydraulics, excavator parts, hydraulic products, research and development, production, sales of high-tech industries.
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ProductsIn 2013, the company introduced foreign hydraulic pilot technology, research and development production of hydraulic pilot series products. The company has more than 30 patents, the company's own brand “GH” hydraulic pilot handle has won more than 20 national patents, approved by the national science and technology-based small and medium-sized enterprises.
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BlogThe company takes “win-win cooperation, innovation and development” as the concept, the pursuit of quality satisfaction as the goal, and strive to create a domestic professional hydraulic parts manufacturers and suppliers.
Analysis of Indonesia's excavator and loader import market in 2024: Nearly 80% comes from China
Release time:
2025-10-22
In recent years, Indonesia has become one of the countries with the greatest growth potential in the global construction machinery industry, driven by steadily increasing infrastructure investment and thriving mineral resources. It is also the third largest export destination for Chinese construction machinery, after Russia and the United States. As a key export market for Chinese construction machinery, Indonesia offers in-depth insights into supply and demand dynamics and the competitive landscape. For Chinese construction machinery companies seeking to expand globally, understanding Indonesia is no longer just an option; it's a necessity to seize growth opportunities and establish a global presence.
Interact Analysis recently released the 2024 Indonesian market forecast for excavator and loader imports and exports:
In 2024, Indonesia imported over 16,000 excavators, valued at nearly $1.1 billion, with import volume exceeding exports by more than five times. Monthly, Indonesia's excavator import market showed a downward trend in both volume and price, with the second quarter marking the lowest point for imports of the year. Imports were concentrated in the second half of the year, accounting for over 70% of the total volume and value for the year.
The top five import sources for Indonesian excavators are China (including Hong Kong), Thailand, Japan, South Korea, and Singapore—the major members of the European Economic Area (RECP)—accounting for over 99% of imports by volume and over 95% by value. Chinese-branded equipment accounts for nearly 80% of imports by volume and over 70% by value. With the exception of South Korea, excavators exported to Indonesia by these countries are primarily manufactured domestically, while South Korea's exports are primarily manufactured in China. By brand, Sany Heavy Industry, Komatsu, and Kobelco Construction Machinery rank among the top three imported brands, each accounting for approximately 60% of imports by volume and value. Small and medium-sized crawler excavators are the most popular models.
Indonesia presents enormous opportunities, but sales success isn't the end all be all. As Chinese brands continue to expand their market share, the market must be wary of the risks of homogenization and excessive competition. For Chinese companies, the key to future success lies in shifting from pursuing "quantitative expansion" to "qualitative leaps." By upgrading technology, building brands, and optimizing services, they can escape the cycle of low-price competition and transform their current market advantages into sustainable, high-quality, long-term success！
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