February 2026 Global Used Excavator Price Report
Last updated: February 16, 2026 | Data based on HeavyWorks platform listings and global auction results
Market Overview
The global used excavator market in early 2026 continues to show resilience, driven by strong infrastructure investment across Southeast Asia, the Middle East, and Eastern Europe. Supply of late-model units remains tight as OEMs face ongoing component shortages, pushing buyers toward the secondary market.
Key market dynamics this quarter:
- Strong demand from Southeast Asia: Vietnam, Indonesia, and the Philippines continue to be top importers of Korean and Japanese used excavators
- Rising prices for low-hour units: Machines under 5,000 hours command a 15-25% premium over comparable high-hour units
- Korean-origin equipment gaining market share: Hyundai and Doosan machines are increasingly preferred for their competitive pricing and parts availability
20-Ton Class Excavators (Most Traded Segment)
The 20-ton class remains the most liquid segment in the global used equipment market. Here's what buyers can expect:
Caterpillar 320 Series
| Model | Year | Hours | Price Range (USD) |
|---|---|---|---|
| CAT 320E | 2016-2018 | 6,000-10,000 | $45,000-$65,000 |
| CAT 320F | 2018-2020 | 4,000-8,000 | $58,000-$82,000 |
| CAT 320 GC | 2020-2022 | 2,000-5,000 | $75,000-$105,000 |
| CAT 323 | 2019-2021 | 3,000-7,000 | $80,000-$115,000 |
CAT machines continue to command the highest resale values due to global parts networks and brand recognition. Demand is particularly strong in Africa and the Middle East.
Komatsu PC200 Series
| Model | Year | Hours | Price Range (USD) |
|---|---|---|---|
| PC200-8M0 | 2015-2018 | 6,000-12,000 | $35,000-$52,000 |
| PC200-10M0 | 2018-2020 | 4,000-8,000 | $48,000-$68,000 |
| PC210-11 | 2020-2022 | 2,000-6,000 | $62,000-$88,000 |
Komatsu remains the top choice for buyers prioritizing fuel efficiency and reliability. The PC200 series dominates in Southeast Asian markets.
Hyundai HX Series (Korean Origin)
| Model | Year | Hours | Price Range (USD) |
|---|---|---|---|
| HX220L | 2017-2019 | 5,000-10,000 | $32,000-$48,000 |
| HX220L | 2020-2022 | 2,000-6,000 | $50,000-$72,000 |
| HX235 LCR | 2020-2023 | 2,000-5,000 | $58,000-$80,000 |
Hyundai machines offer the best value proposition in the 20-ton class, typically priced 15-25% below comparable CAT or Komatsu units with similar specifications.
Volvo EC Series
| Model | Year | Hours | Price Range (USD) |
|---|---|---|---|
| EC210D | 2016-2018 | 6,000-10,000 | $38,000-$55,000 |
| EC220E | 2019-2021 | 3,000-7,000 | $55,000-$78,000 |
| EC220E | 2021-2023 | 2,000-5,000 | $68,000-$92,000 |
Volvo excavators are particularly popular in European and Turkish markets due to strong dealer networks and emission compliance.
30-Ton Class Excavators
| Model | Year | Hours | Price Range (USD) |
|---|---|---|---|
| CAT 330F | 2017-2019 | 5,000-10,000 | $65,000-$95,000 |
| Komatsu PC300-8 | 2016-2018 | 6,000-12,000 | $55,000-$80,000 |
| Doosan DX340LC-5 | 2018-2020 | 4,000-8,000 | $52,000-$75,000 |
| Hyundai HX330L | 2019-2021 | 3,000-7,000 | $58,000-$82,000 |
Mini Excavators (Under 10 Tons)
The mini excavator segment has seen the strongest price appreciation over the past 12 months, driven by urban construction demand:
| Model | Year | Hours | Price Range (USD) |
|---|---|---|---|
| CAT 308 CR | 2019-2021 | 2,000-5,000 | $45,000-$65,000 |
| Komatsu PC78US | 2018-2020 | 3,000-6,000 | $32,000-$48,000 |
| Kubota KX080-4 | 2019-2021 | 2,000-4,000 | $38,000-$55,000 |
Regional Price Variations
Used excavator prices vary significantly by destination market:
- Southeast Asia: Typically 10-15% below global averages due to high competition among exporters
- Middle East/Africa: Premium of 5-10% for well-maintained units with full documentation
- Eastern Europe: Close to global averages; EU emission standards affect pricing for older units
- Latin America: Premium of 10-20% due to import duties and logistics costs
Buying from Korea: The Value Advantage
Korean-origin used excavators (Hyundai, Doosan, Volvo Samsung) offer compelling value for international buyers:
- Competitive pricing: 15-30% below equivalent Japanese or American brands
- Well-maintained: Korea's strict inspection culture means better maintenance records
- Parts availability: Hyundai and Doosan have expanded global parts distribution significantly
- Export infrastructure: Korea has well-established used equipment export channels, particularly from ports in Busan and Incheon
Market Outlook
Looking ahead to Q2 2026:
- Prices expected to remain stable with slight upward pressure on low-hour units
- Increasing demand from infrastructure projects in Vietnam, Indonesia, and India
- The Korean won's relative weakness against USD continues to make Korean-origin equipment attractive for international buyers
- Electric and hybrid excavators beginning to appear in the used market, though volumes remain small
For the latest listings and pricing, visit HeavyWorks. Data sourced from HeavyWorks platform transactions and global auction results.