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

Non-Self-Propelled Fork-Lift Truck Market Size in the EU

In 2022, the EU non-self-propelled fork-lift truck market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of +4.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Self-Propelled Fork-Lift Truck Production in the EU

In value terms, non-self-propelled fork-lift truck production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 77% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Non-Self-Propelled Fork-Lift Truck Exports

Exports in the EU

In 2022, exports of non-self-propelled fork-lift trucks in the European Union contracted rapidly to X units, with a decrease of -15.6% compared with 2021 figures. Total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% 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 +31.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. As a result, the exports attained the peak of X units, and then reduced markedly in the following year.

In value terms, non-self-propelled fork-lift truck exports expanded sharply to $X in 2022. 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 +23.1% against 2020 indices. The growth pace was the most rapid in 2016 when exports increased by 24% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Sweden (X units), Italy (X units) and the Netherlands (X units) represented the largest exporter of non-self-propelled fork-lift trucks in the European Union, achieving 59% of total export. It was distantly followed by Germany (X units), France (X units) and Belgium (X units), together making up a 24% share of total exports. Poland (X units) and Spain (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +17.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest non-self-propelled fork-lift truck supplier in the European Union, comprising 23% of total exports. The second position in the ranking was taken by Germany ($X), with a 10% share of total exports. It was followed by Sweden, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Italy amounted to +8.8%. In the other countries, the average annual rates were as follows: Germany (+4.6% per year) and Sweden (+0.3% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, growing by 28% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 export price decreased by -20.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the export price increased by 65% against the previous year. As a result, the export price reached the peak level of $X per unit. 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 Italy ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the other leaders experienced more modest paces of growth.

Non-Self-Propelled Fork-Lift Truck Imports

Imports in the EU

In 2022, purchases abroad of non-self-propelled fork-lift trucks increased by 13% to X units, rising for the second consecutive year after two years of decline. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +6.6% 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 +44.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, non-self-propelled fork-lift truck imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units) and France (X units) were the key importers of non-self-propelled fork-lift trucks in 2022, resulting at approx. 21% and 15% of total imports, respectively. It was distantly followed by the Netherlands (X units), Spain (X units), Poland (X units), Italy (X units) and Belgium (X units), together mixing up a 38% share of total imports. The following importers - Denmark (X units), Sweden (X units), the Czech Republic (X units), Romania (X units), Hungary (X units) and Austria (X units) - together made up 17% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +14.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-self-propelled fork-lift truck importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together accounting for 48% of total imports.

The Netherlands, with a CAGR of +18.2%, recorded the highest growth rate of 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

The import price in the European Union stood at $X per unit in 2022, approximately equating the previous year. In general, the import price, however, showed a noticeable decrease. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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