Brazil: Market for Self-Propelled Fork-Lift Trucks with Non-Electric Motor 2025

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

The Brazilian self-propelled non-electric fork-lift truck market soared to $X in 2022, rising by 130% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a deep downturn. Self-propelled non-electric fork-lift truck consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

Exports from Brazil

In 2022, self-propelled non-electric fork-lift truck exports from Brazil skyrocketed to X units, jumping by 281% compared with the previous year. Overall, exports enjoyed a strong increase. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck exports surged to $X in 2022. In general, exports saw strong growth. The growth pace was the most rapid in 2015 when exports increased by 442%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X units) was the main destination for self-propelled non-electric fork-lift truck exports from Brazil, with a 54% share of total exports. Moreover, self-propelled non-electric fork-lift truck exports to Mexico exceeded the volume sent to the second major destination, Argentina (X units), twofold. Guatemala (X units) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico totaled +40.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+22.7% per year) and Guatemala (+23.5% per year).

In value terms, the largest markets for self-propelled non-electric fork-lift truck exported from Brazil were Mexico ($X), Argentina ($X) and Guatemala ($X), with a combined 83% share of total exports.

In terms of the main countries of destination, Mexico, with a CAGR of +45.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average self-propelled non-electric fork-lift truck export price stood at $X per unit in 2022, reducing by -16.4% against the previous year. In general, 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 decreased by -17.5% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 79%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to the United States ($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 Guatemala (+15.1%), 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 Brazil

In 2022, purchases abroad of self-propelled fork-lift trucks with non-electric motor increased by 221% to X units, rising for the second year in a row after two years of decline. In general, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck imports surged to $X in 2022. Over the period under review, imports, however, showed a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of self-propelled non-electric fork-lift truck to Brazil, accounting for a 81% share of total imports. Moreover, self-propelled non-electric fork-lift truck imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was held by Japan (X units), with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-20.9% per year) and Japan (-9.5% per year).

In value terms, China ($X) constituted the largest supplier of self-propelled fork-lift trucks with non-electric motor to Brazil, comprising 67% of total imports. The second position in the ranking was taken by the United States ($X), with a 9.3% share of total imports. It was followed by Japan, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-16.2% per year) and Japan (+4.2% per year).

Import Prices by Country

In 2022, the average self-propelled non-electric fork-lift truck import price amounted to $X per unit, falling by -41.7% against the previous year. Overall, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 92%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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