With rapid industrial development, an increasing number of manufacturing enterprises are emerging. Purchasing used machine has become the top choice for many small and medium-sized businesses. Consequently, the market for second-hand machines continues to expand, with China standing out as one of the world’s hottest markets.

Scale and Trends of the Used machine Market:

In 2020, the sales of used machine faced a temporary stagnation due to the impact of the COVID-19 pandemic. Many enterprises struggled to allocate funds for second-hand equipment, leaving used machinery dealers with limited customer resources and facing a sales downturn.
However, starting from 2021, the situation improved. By 2022, approximately 700,000 units of construction equipment alone entered the second-hand market. A significant portion of used machinery was exported to countries like Uganda, Lithuania, and various African nations. For example, a new rotary drilling rig costs around 3.2 million RMB (approximately 451,500 USD), while a used one costs 2.6 million RMB (approximately 366,844 USD), with no compromise on performance.
In 2023, the sales volume of various used machinery categories is projected to expand more effectively. The budget for used machinery has become essential development funding for the majority of small and medium-sized enterprises.

Advantages of Used machine:

Rapid Delivery:

Most Used machine is readily available and can be delivered promptly after the customer completes the payment, ensuring swift shipment. In contrast, new equipment may require waiting for its production time.

Function Verification:

Used machinery has typically undergone a period of use, allowing buyers to better assess its performance.

Environmental Benefits:

Purchasing used machine helps save on the manufacturing demand for new equipment, contributing to a reduction in environmental pollution—essentially promoting sustainability.
When choosing a used machinery dealer, it’s advisable to have a familiar contact in China who can help you quickly understand the market. If you don’t have contacts in China, consider engaging a professional sourcing agent to assist you in screening used machinery dealers.

Considerations When Purchasing used machine:

Crack Inspection:

Quality is a critical concern when dealing with used machinery, and one key aspect is checking for cracks. Cracks can lead to performance degradation, reduced reliability, and, in severe cases, pose a threat to safety. During the purchase, a detailed inspection of critical parts of the used machine, preferably using ultrasonic testing, ensures the safety of these components.

Machinery History:

Before buying used machine, it’s crucial to understand why it was abandoned and put up for sale. Was it due to safety or production accidents? This information is vital for making an informed decision.

Compare Different Suppliers:

Different suppliers have varied resources. For foreigners unfamiliar with China, communicating with multiple suppliers is essential, comparing prices, quality, and other aspects. If you lack the time and resources, a sourcing agent can provide the information you need, as a reputable sourcing agency can help you gain advantages in terms of price and quality.

 

As capital society advances, more factories are established, and the used machinery market becomes the preferred choice for many small and medium-sized enterprises. This market holds enormous potential, offering unexpected surprises.

China, being a leading global power, boasts a diverse range of machinery. The Chinese market should be your primary choice when purchasing used machinery.