Eastern Europe: 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 Eastern Europe

In 2022, after four years of growth, there was decline in the East European self-propelled non-electric fork-lift truck market, when its value decreased by -0.1% to $X. Over the period under review, consumption continues to indicate a mild decline. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

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

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, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 569% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in Eastern Europe

In 2022, the amount of self-propelled fork-lift trucks with non-electric motor exported in Eastern Europe contracted to X units, falling by -3.9% against the previous year's figure. Total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.7% 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 +54.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 61%. As a result, the exports reached the peak of X units, and then shrank modestly in the following year.

In value terms, self-propelled non-electric fork-lift truck exports rose markedly to $X in 2022. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 96%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Poland (X units) was the main exporter of self-propelled fork-lift trucks with non-electric motor, comprising 50% of total exports. It was distantly followed by the Czech Republic (X units) and Bulgaria (X units), together comprising a 36% share of total exports. The following exporters - Hungary (X units), Lithuania (X units) and Slovakia (X units) - together made up 8.7% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +11.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest self-propelled non-electric fork-lift truck supplier in Eastern Europe, comprising 71% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an 11% share of total exports. It was followed by Bulgaria, with a 5% share.

In Poland, self-propelled non-electric fork-lift truck exports increased at an average annual rate of +16.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (+6.1% per year) and Bulgaria (+6.3% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, growing by 9.9% against the previous year. In general, the export price enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2018 when the export price increased by 109% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.7%), while the other leaders experienced more modest paces of growth.

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

Imports in Eastern Europe

In 2022, the amount of self-propelled fork-lift trucks with non-electric motor imported in Eastern Europe dropped rapidly to X units, waning by -19.3% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of X units, and then reduced remarkably in the following year.

In value terms, self-propelled non-electric fork-lift truck imports declined to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.2% 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 +37.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Russia (X units) and Poland (X units) were the largest importers of self-propelled fork-lift trucks with non-electric motor in 2022, accounting for near 28% and 21% of total imports, respectively. It was distantly followed by the Czech Republic (X units), Hungary (X units), Romania (X units), Bulgaria (X units) and Ukraine (X units), together comprising a 38% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +11.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest self-propelled non-electric fork-lift truck importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined 61% share of total imports. Hungary, Romania, Ukraine and Bulgaria lagged somewhat behind, together accounting for a further 24%.

Hungary, with a CAGR of +13.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, jumping by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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