Austria: Market for Self-Propelled Fork-Lift Trucks with Non-Electric Motor 2024

Market Size for Self-Propelled Fork-Lift Trucks with Non-Electric Motor in Austria

The Austrian self-propelled non-electric fork-lift truck market surged to $X in 2022, rising by 22% against the previous year. Over the period under review, consumption continues to indicate a strong increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Self-Propelled Fork-Lift Trucks with Non-Electric Motor in Austria

In value terms, self-propelled non-electric fork-lift truck production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production posted a significant increase. The growth pace was the most rapid in 2018 with an increase of 290% against the previous year. Self-propelled non-electric fork-lift truck production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Exports from Austria

In 2022, exports of self-propelled fork-lift trucks with non-electric motor from Austria soared to X units, picking up by 21% on 2021. Overall, exports recorded a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 73%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, self-propelled non-electric fork-lift truck exports surged to $X in 2022. In general, exports saw a resilient increase. The growth pace was the most rapid in 2018 with an increase of 97% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X units) was the main destination for self-propelled non-electric fork-lift truck exports from Austria, accounting for a 32% share of total exports. Moreover, self-propelled non-electric fork-lift truck exports to Germany exceeded the volume sent to the second major destination, Poland (X units), threefold. The third position in this ranking was taken by the United States (X units), with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+43.6% per year) and the United States (+37.4% per year).

In value terms, Germany ($X) remains the key foreign market for self-propelled fork-lift trucks with non-electric motor exports from Austria, comprising 36% of total exports. The second position in the ranking was taken by France ($X), with a 12% share of total exports. It was followed by the United States, with a 9% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+27.6% per year) and the United States (+34.3% per year).

Export Prices by Country

In 2022, the average self-propelled non-electric fork-lift truck export price amounted to $X per unit, growing by 5.5% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, self-propelled non-electric fork-lift truck export price increased by +102.1% against 2016 indices. The growth pace was the most rapid in 2017 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Serbia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Imports into Austria

In 2022, approx. X units of self-propelled fork-lift trucks with non-electric motor were imported into Austria; with an increase of 17% on the previous year. In general, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.1% against 2020 indices. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, self-propelled non-electric fork-lift truck imports totaled $X in 2022. Overall, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.6% against 2016 indices. The pace of growth was the most pronounced in 2018 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X units), Italy (X units) and the Netherlands (X units) were the main suppliers of self-propelled non-electric fork-lift truck imports to Austria, with a combined 63% share of total imports. Poland, Belgium, the UK, China, France, Finland and Sweden lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +34.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of self-propelled fork-lift trucks with non-electric motor to Austria, comprising 33% of total imports. The second position in the ranking was taken by Poland ($X), with a 15% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+50.3% per year) and Italy (+16.9% per year).

Import Prices by Country

The average self-propelled non-electric fork-lift truck import price stood at $X per unit in 2022, which is down by -13.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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