CIS: 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 CIS

After three years of growth, the CIS self-propelled non-electric fork-lift truck market decreased by -6.6% to $X in 2022. Overall, consumption saw a mild decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

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

In value terms, self-propelled non-electric fork-lift truck production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 415% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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

Exports in CIS

In 2022, approx. X units of self-propelled fork-lift trucks with non-electric motor were exported in the CIS; picking up by 146% against the previous year. In general, exports enjoyed a mild expansion. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, self-propelled non-electric fork-lift truck exports surged to $X in 2022. Overall, exports, however, recorded a noticeable decrease. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan represented the major exporting country with an export of about X units, which recorded 61% of total exports. Russia (X units) ranks second in terms of the total exports with a 17% share, followed by Belarus (11%) and Armenia (6.6%). Moldova (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to self-propelled non-electric fork-lift truck exports from Kazakhstan stood at +53.5%. At the same time, Armenia (+56.1%), Moldova (+9.3%) and Russia (+3.9%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +56.1% from 2012-2022. By contrast, Belarus (-16.9%) illustrated a downward trend over the same period. While the share of Kazakhstan (+60 p.p.), Armenia (+6.6 p.p.) and Russia (+3.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (-72.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) emerged as the largest self-propelled non-electric fork-lift truck supplier in the CIS, comprising 73% of total exports. The second position in the ranking was held by Russia ($X), with a 14% share of total exports. It was followed by Belarus, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at +60.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (-0.8% per year) and Belarus (-24.5% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, growing by 9.7% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2016 when the export price increased by 27%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Armenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+29.3%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in CIS

In 2022, approx. X units of self-propelled fork-lift trucks with non-electric motor were imported in the CIS; shrinking by -10.9% against the previous year. Overall, imports saw a mild descent. The most prominent rate of growth was recorded in 2017 with an increase of 55%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, self-propelled non-electric fork-lift truck imports declined to $X in 2022. Over the period under review, imports showed a mild descent. The pace of growth was the most pronounced in 2017 with an increase of 44% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia prevails in imports structure, reaching X units, which was approx. 73% of total imports in 2022. Kazakhstan (X units) held the second position in the ranking, followed by Belarus (X units) and Uzbekistan (X units). All these countries together held near 19% share of total imports. The following importers - Azerbaijan (X units), Kyrgyzstan (X units) and Moldova (X units) - together made up 6.8% of total imports.

From 2012 to 2022, average annual rates of growth with regard to self-propelled non-electric fork-lift truck imports into Russia stood at -2.7%. At the same time, Uzbekistan (+23.7%), Kyrgyzstan (+17.8%), Moldova (+4.5%) and Azerbaijan (+3.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +23.7% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. By contrast, Belarus (-2.4%) illustrated a downward trend over the same period. While the share of Uzbekistan (+5.6 p.p.) and Kyrgyzstan (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (-10.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported self-propelled fork-lift trucks with non-electric motor in the CIS, comprising 78% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 9.2% share of total imports. It was followed by Belarus, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to -2.3%. In the other countries, the average annual rates were as follows: Kazakhstan (+5.9% per year) and Belarus (-4.2% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, remaining constant against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by 15% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+12.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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