EU: 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 the EU

The EU self-propelled non-electric fork-lift truck market skyrocketed to $X in 2022, rising by 85% against the previous year. Over the period under review, consumption enjoyed a notable expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

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

In value terms, self-propelled non-electric fork-lift truck production soared to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 28%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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

Exports in the EU

Self-propelled non-electric fork-lift truck exports was estimated at X units in 2022, picking up by 7.9% against the previous year's figure. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, self-propelled non-electric fork-lift truck exports stood at $X in 2022. The total export value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 22%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands was the major exporter of self-propelled fork-lift trucks with non-electric motor in the European Union, with the volume of exports accounting for X units, which was approx. 36% of total exports in 2022. It was distantly followed by France (X units), Germany (X units), Belgium (X units), Italy (X units) and Poland (X units), together achieving a 48% share of total exports. Spain (X units) and Ireland (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of +7.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest self-propelled non-electric fork-lift truck supplying countries in the European Union were France ($X), the Netherlands ($X) and Italy ($X), with a combined 59% share of total exports. Germany, Ireland, Poland, Spain and Belgium lagged somewhat behind, together accounting for a further 32%.

Poland, with a CAGR of +16.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, with an increase of 3.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2014 an increase of 17% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Belgium ($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 the EU

In 2022, approx. X units of self-propelled fork-lift trucks with non-electric motor were imported in the European Union; which is down by -5.9% compared with the year before. Total imports indicated a perceptible increase from 2012 to 2022: its volume 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, imports increased by +4.1% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 17%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, self-propelled non-electric fork-lift truck imports expanded notably to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +16.6% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 21% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units), distantly followed by Belgium (X units), Germany (X units), France (X units), Italy (X units), Spain (X units) and Poland (X units) represented the largest importers of self-propelled fork-lift trucks with non-electric motor, together achieving 74% of total imports. The following importers - Greece (X units), the Czech Republic (X units), Hungary (X units), Romania (X units), Austria (X units) and Ireland (X units) - together made up 16% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ireland (with a CAGR of +33.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 45% share of total imports. Italy, Belgium, Poland, Spain, Austria, the Czech Republic, Hungary, Romania, Ireland and Greece lagged somewhat behind, together comprising a further 41%.

Ireland, with a CAGR of +25.7%, 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 the European Union amounted to $X per unit, surging by 14% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. 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 Austria ($X per unit), while Greece ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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