Czech Republic: Non-Self-Propelled Fork-Lift Truck Market 2025

Non-Self-Propelled Fork-Lift Truck Market Size in the Czech Republic

The Czech non-self-propelled fork-lift truck market shrank dramatically to $X in 2022, with a decrease of -17.5% against the previous year. Over the period under review, consumption, however, showed strong growth. Non-self-propelled fork-lift truck consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Non-Self-Propelled Fork-Lift Truck Production in the Czech Republic

In value terms, non-self-propelled fork-lift truck production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 174% against the previous year. Over the period under review, production attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Non-Self-Propelled Fork-Lift Truck Exports

Exports from the Czech Republic

In 2022, non-self-propelled fork-lift truck exports from the Czech Republic skyrocketed to X units, increasing by 60% against the previous year's figure. In general, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2014 when exports increased by 253%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-self-propelled fork-lift truck exports soared to $X in 2022. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 87% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Poland (X units) was the main destination for non-self-propelled fork-lift truck exports from the Czech Republic, accounting for a 45% share of total exports. Moreover, non-self-propelled fork-lift truck exports to Poland exceeded the volume sent to the second major destination, Slovakia (X units), twofold. The third position in this ranking was taken by Hungary (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+7.5% per year) and Hungary (+17.3% per year).

In value terms, the largest markets for non-self-propelled fork-lift truck exported from the Czech Republic were Poland ($X), Germany ($X) and Slovakia ($X), with a combined 68% share of total exports. Austria, Hungary and Vietnam lagged somewhat behind, together accounting for a further 22%.

Vietnam, with a CAGR of +57.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-self-propelled fork-lift truck export price amounted to $X per unit, shrinking by -18.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 51% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Austria ($X per unit), while the average price for exports to Hungary ($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 Austria (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Self-Propelled Fork-Lift Truck Imports

Imports into the Czech Republic

In 2022, supplies from abroad of non-self-propelled fork-lift trucks increased by 10% to X units, rising for the second year in a row after two years of decline. Overall, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2018 when imports increased by 63%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, non-self-propelled fork-lift truck imports expanded sharply to $X in 2022. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 50% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest non-self-propelled fork-lift truck supplier to the Czech Republic, with a 38% share of total imports. Moreover, non-self-propelled fork-lift truck imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), twofold. The third position in this ranking was taken by Italy (X units), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+176.9% per year) and Italy (+32.1% per year).

In value terms, the largest non-self-propelled fork-lift truck suppliers to the Czech Republic were Italy ($X), China ($X) and Malaysia ($X), together comprising 62% of total imports.

Malaysia, with a CAGR of +154.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-self-propelled fork-lift truck import price stood at $X per unit in 2022, with an increase of 3.2% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-self-propelled fork-lift truck import price decreased by -30.9% against 2014 indices. The growth pace was the most rapid in 2014 when the average import price increased by 53%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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