Denmark: 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 Denmark

In 2022, the Danish self-propelled non-electric fork-lift truck market decreased by -88.6% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, enjoyed mild growth. Over the period under review, the market reached the peak level at $X in 2021, and then dropped dramatically in the following year.

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

In value terms, self-propelled non-electric fork-lift truck production fell to $X in 2022 estimated in export price. Overall, production showed a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 108% against the previous year. Self-propelled non-electric fork-lift truck production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from Denmark

After seven years of growth, overseas shipments of self-propelled fork-lift trucks with non-electric motor decreased by -34.6% to X units in 2022. Overall, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. The exports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, self-propelled non-electric fork-lift truck exports fell remarkably to $X in 2022. In general, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 +16.0% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 47%. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

Poland (X units), Germany (X units) and Bulgaria (X units) were the main destinations of self-propelled non-electric fork-lift truck exports from Denmark, together comprising 65% of total exports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +65.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Sweden ($X) appeared to be the largest markets for self-propelled non-electric fork-lift truck exported from Denmark worldwide, together accounting for 46% of total exports. Finland, France, the Netherlands, Norway, Faroe Islands, Bulgaria and Greenland lagged somewhat behind, together comprising a further 25%.

Greenland, with a CAGR of +45.7%, saw the highest rates of growth with regard to the value of exports, among 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 self-propelled non-electric fork-lift truck export price amounted to $X per unit, rising by 19% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The export price peaked at $X per unit in 2016; however, from 2017 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 France ($X per unit), while the average price for exports to Bulgaria ($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 Greenland (-1.9%), while the prices for the other major destinations experienced a decline.

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

Imports into Denmark

After two years of growth, supplies from abroad of self-propelled fork-lift trucks with non-electric motor decreased by -13.7% to X units in 2022. Over the period under review, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2017 with an increase of 33%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, self-propelled non-electric fork-lift truck imports declined to $X in 2022. In general, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.8% 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 +16.4% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 27% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Sweden (X units), France (X units) and the UK (X units) were the main suppliers of self-propelled non-electric fork-lift truck imports to Denmark, with a combined 46% share of total imports. China, Norway, Germany, Italy, the Netherlands, Belgium and Poland lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +28.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of self-propelled fork-lift trucks with non-electric motor to Denmark, comprising 33% of total imports. The second position in the ranking was held by Sweden ($X), with a 16% share of total imports. It was followed by the UK, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+1.4% per year) and the UK (+8.5% per year).

Import Prices by Country

The average self-propelled non-electric fork-lift truck import price stood at $X per unit in 2022, rising by 11% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price 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, self-propelled non-electric fork-lift truck import price decreased by -5.1% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 81%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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