Egypt: Non-Self-Propelled Fork-Lift Truck Market 2025

Non-Self-Propelled Fork-Lift Truck Market Size in Egypt

In 2022, the Egyptian non-self-propelled fork-lift truck market increased by 49% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption saw measured growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Non-Self-Propelled Fork-Lift Truck Exports

Exports from Egypt

In 2022, non-self-propelled fork-lift truck exports from Egypt surged to X units, picking up by 510% on the previous year. In general, exports, however, saw a abrupt descent. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, non-self-propelled fork-lift truck exports soared to $X in 2022. Overall, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 437% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X units) was the main destination for non-self-propelled fork-lift truck exports from Egypt, accounting for a 39% share of total exports. Moreover, non-self-propelled fork-lift truck exports to Belgium exceeded the volume sent to the second major destination, Italy (X units), twofold. The third position in this ranking was held by France (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium amounted to +25.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+20.3% per year) and France (+15.6% per year).

In value terms, Burundi ($X), Uganda ($X) and Italy ($X) appeared to be the largest markets for non-self-propelled fork-lift truck exported from Egypt worldwide, with a combined 76% share of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +22.0%, recorded the highest growth rate of 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

In 2022, the average non-self-propelled fork-lift truck export price amounted to $X per unit, declining by -77.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 192%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per unit), while the average price for exports to Belgium ($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 Tanzania (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Self-Propelled Fork-Lift Truck Imports

Imports into Egypt

In 2022, overseas purchases of non-self-propelled fork-lift trucks increased by 54% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports posted a tangible increase. The pace of growth appeared the most rapid in 2014 with an increase of 619% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, non-self-propelled fork-lift truck imports dropped to $X in 2022. In general, imports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of 41% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of non-self-propelled fork-lift truck to Egypt, accounting for a 72% share of total imports. Moreover, non-self-propelled fork-lift truck imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Italy (X units), with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +23.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.6% per year) and Italy (-5.2% per year).

In value terms, China ($X) constituted the largest supplier of non-self-propelled fork-lift trucks to Egypt, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by Japan, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.5% per year) and Japan (-24.0% per year).

Import Prices by Country

In 2022, the average non-self-propelled fork-lift truck import price amounted to $X per unit, shrinking by -41.5% against the previous year. Over the period under review, the import price showed a deep slump. The growth pace was the most rapid in 2015 when the average import price increased by 125% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Japan ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+457.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :