World - Fork-Lift Trucks and Other Industrial Works Trucks and Tractors - Market Analysis, Forecast, Size, Trends and Insights
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Forklift truck and industrial works truck market: enjoy newly released facts and figures featured by an Ai-driven market research platform. Statistics provide market prices, exports, consumption, companies, imports, trade, market size, and production. There is a breakdown by region, including EU, the U.K., Africa, China, the Middle East, Latin America, Russia, and the U.S. Market trends and forecast to 2030 are also provided in the snapshots.
Forklift Truck and Industrial Works Truck - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | Japan |
3 | Mexico |
4 | Germany |
5 | Vietnam |
In value terms, the largest forklift truck and industrial works truck markets worldwide were the United States, Japan and Mexico, with a combined 31% share of the global market. These countries were followed by Germany, Vietnam, Thailand, South Korea, Italy, the Netherlands, Canada, Australia, the UK and China, which together accounted for a further 35%.
Canada saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while market of fork-lift trucks and other industrial works trucks and tractors for the other global leaders experienced more modest paces of growth.
Forklift Truck and Industrial Works Truck Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per unit | ||||
China | 1631 | 1564 | 1533 | -3.1% |
Japan | 4609 | 6112 | 5121 | 5.4% |
Belgium | 8978 | 8142 | 8259 | -4.1% |
United Kingdom | 8584 | 8818 | 8818 | 1.4% |
South Korea | 8526 | 8847 | 8855 | 1.9% |
Italy | 9605 | 10853 | 9360 | -1.3% |
Canada | 9034 | 8828 | 9721 | 3.7% |
Netherlands | 10430 | 9707 | 9771 | -3.2% |
France | 10323 | 9780 | 9780 | -2.7% |
Sweden | 9582 | 9789 | 9890 | 1.6% |
Germany | 11363 | 11080 | 11082 | -1.2% |
United States | 15217 | 22250 | 18064 | 9.0% |
Average | 5593 | 5800 | 5679 | 0.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($18,064 per unit), while China ($1,533 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per unit | ||||
Mexico | 8749 | 9208 | 8819 | 0.4% |
Italy | 9101 | 10116 | 8813 | -1.6% |
France | 8316 | 10737 | 8799 | 2.9% |
Australia | 8755 | 8601 | 8622 | -0.8% |
Spain | 10031 | 11439 | 7984 | -10.8% |
Russia | 8199 | 7725 | 7768 | -2.7% |
Germany | 8017 | 7844 | 7768 | -1.6% |
United Kingdom | 9576 | 9560 | 7603 | -10.9% |
Poland | 7806 | 8215 | 7249 | -3.6% |
Belgium | 8583 | 6959 | 7163 | -8.6% |
Canada | 6207 | 6073 | 6073 | -1.1% |
Netherlands | 5357 | 4461 | 4485 | -8.5% |
United States | 2886 | 2860 | 2898 | 0.2% |
Average | 5964 | 5930 | 5571 | -3.4% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mexico ($8,819 per unit), while the United States ($2,898 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.
Forklift Truck and Industrial Works Truck - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
United States | 3.2 | 3.1 | 3.2 | 0.5% |
France | 1.5 | 1.6 | 1.6 | 3.1% |
Netherlands | 1.2 | 1.2 | 1.2 | 0.1% |
Canada | 1.1 | 1.1 | 1.2 | 3.1% |
Germany | 1 | 1.1 | 1.1 | 1.6% |
In value terms, the United States ($3.2B) constitutes the largest market for imported fork-lift trucks and other industrial works trucks and tractors worldwide, comprising 15% of global imports. The second position in the ranking was occupied by France ($1.6B), with a 7.4% share of global imports. It was followed by the Netherlands, with a 5.8% share.
In the United States, imports of fork-lift trucks and other industrial works trucks and tractors remained relatively stable over the period from 2018-2020. In the other countries, the average annual rates were as follows: France (+3.1% per year) and the Netherlands (+0.1% per year).
Forklift Truck and Industrial Works Truck - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Germany | 4 | 4 | 4 | 0.5% |
China | 2.9 | 2.7 | 2.8 | -2.6% |
United States | 1.9 | 2 | 2.2 | 5.5% |
Italy | 1.7 | 1.6 | 1.7 | -0.2% |
France | 1.4 | 1.4 | 1.5 | 1.2% |
In value terms, Germany ($4B), China ($2.8B) and the United States ($2.2B) constituted the countries with the highest levels of exports in 2020, together accounting for 43% of global exports.
The United States saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Forklift Truck and Industrial Works Truck - Market Forecast
Driven by increasing demand for forklift truck and industrial works truck worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Forklift Truck and Industrial Works Truck - Top Companies
Maoming Maonan Jinlu Tractors Manufacturing Co., Ltd., KONE Oyj, ASHOK LEYLAND LIMITED, MITSUBISHI LOGISNEXT CO., LTD., Cargotec Oyj, Macgregor Holding Norway AS, Konecranes Abp, Hyster-Yale Materials Handling, Inc., Bucher Municipal AG, CNH INDUSTRIAL ITALIA SPA, MANITOU BF, Linde Material Handling GmbH, Hyster-Yale Group, Inc., Anhui Heli Co., Ltd., Cargotec Finland Oy, SAME DEUTZ FAHR ITALIA SPA, KONE Industrial Oy, TURK TRAKTOR VE ZIRAAT MAKINELERI ANONIM SIRKETI, Hangcha Group Co., Ltd., ROJISU NEXT YUNIKYARIA K.K.
Forklift Truck and Industrial Works Truck - Product Coverage
- HS 8427 - Fork-lift and other works trucks; fitted with lifting or handling equipment
- HS 870911 - Vehicles; electrical, self-propelled, (not fitted with lifting or handling equipment), of the type used for short distance transport of goods in factories, warehouses, dock areas or airports
- HS 870919 - Vehicles; (not electrical), self-propelled, without handling equipment, used for short distance transport of goods in factories, airports and such, and tractors of the type used on railway station platforms
This report provides an in-depth analysis of the global market for forklift truck and industrial works truck. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28221513 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height . 1 m
- Prodcom 28221515 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height < 1 m
- Prodcom 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor
- Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)
- Prodcom 28221570 - Works trucks, self-propelled, not fitted with lifting or handling equipment, of the type used in factories, warehouses, dock areas or airports for short distance transport of goods, t ractors of the type used on railway station platforms
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
This report provides an in-depth analysis of the global market for forklift truck and industrial works truck.
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