With the worst of the pandemic-related production issues now largely resolved, the construction equipment market is returning to a more normal state of affairs, despite a rise in prices over recent years.

The logistical snarls in the global supply chain that have disrupted so many other aspects of construction have put pressure on the equipment supply, which combines with the high level of demand to keep sales and resales brisk.

When the COVID-19 pandemic first hit in early 2020, many fleet managers took a wait-and-see approach, hoping that the year’s construction season would not be lost entirely.