February 2024 Press Conference by CEMA Chairman (the 65th)

CEMA publishes its demand forecast in February and August every year, including the shipment value of construction equipment.
Here is a summary of the Chairman’s regular Press Conference held on February 21, where the latest forecast was explained.

Venue

Keidanren Kaikan Hall (4th floor) and via Webex

Attended by

26 Members of the press

Contents

• In FY 2023, both domestic and export sales have continued to grow, and the shipment value is expected to be 3,317.8 billion yen (9% year-on-year increase).
• In FY 2024, domestic and export sales are expected to remain steady, and the shipment value is expected to be 3,329.1 billion yen (0.3% year-on-year increase) to mark a record high.

See the details below.