Recently, the China Construction Machinery Industry Association construction Machinery Leasing branch released in July 2023 lift work platform leasing prosperity index.

Rental rate index

          In July 2023, the rental rate of the lifting work platform was 741 points, an increase of 1.9% from the previous month and an increase of 3.1% over the same period in 2022.

         In July, in addition to the 30-35m and 40m models above the rental rate decreased slightly, the rental rate of all other models showed a general increase, of which the average rental rate of ≤6m shear fork platform returned to more than 80%, the rental rate of 26-28m models increased by 4.3%, and the rental rate of 20-24m models increased by 3.8%.

        Compared with the same period in 2022, the leasing rate of the armrack platform above 30m is in a slightly decreased trend, and the largest decline is 30-35m models, reaching 5%;

      The rental rate of all models below 28m showed an increasing trend year-on-year, among which the rental rate of 8-12m models increased by 12.9% compared with the same period in 2022, with the highest increase;

      ≤6m scissor platform rental rate increased by 7.8%, the rental rate of other models increased slightly.

Rent-price index

           According to the statistical calculation of the reported data, the rent price index of the lifting platform in July 2023 continued to decline slightly from the previous month, by 0.6%, and decreased by 10.9% compared with the same period in 2022.

          In addition to the 8-12m shear fork platform and 30-35m and 36-39m rack platform rental prices were basically flat, other models showed a general decline. Compared with the same period in 2022, the rental prices of all models showed a general decline, among which the rental prices of ≤6m scissor platform and more than 40m rack platform fell the most year-on-year, respectively, by 14.5% and 13%, and the rental prices of 26-28m models fell the least year-on-year, by 7.9%.