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

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

The Greek non-self-propelled fork-lift truck market rose notably to $X in 2022, picking up by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed prominent growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Non-Self-Propelled Fork-Lift Truck Exports

Exports from Greece

After two years of decline, shipments abroad of non-self-propelled fork-lift trucks increased by 1,587% to X units in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-self-propelled fork-lift truck exports fell significantly to $X in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 941%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Estonia (X units) was the main destination for non-self-propelled fork-lift truck exports from Greece, accounting for a 91% share of total exports. Moreover, non-self-propelled fork-lift truck exports to Estonia exceeded the volume sent to the second major destination, Italy (X units), more than tenfold. The third position in this ranking was held by Bulgaria (X units), with a 1.1% share.

From 2012 to 2022, the average annual growth rate of volume to Estonia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+17.4% per year) and Bulgaria (-10.7% per year).

In value terms, Bulgaria ($X), Italy ($X) and Cyprus ($X) were the largest markets for non-self-propelled fork-lift truck exported from Greece worldwide, with a combined 44% share of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +4.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average non-self-propelled fork-lift truck export price stood at $X per unit in 2022, dropping by -95.4% against the previous year. Overall, the export price faced a dramatic curtailment. The pace of growth appeared the most rapid in 2020 an increase of 332% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Estonia ($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 Mexico (+112.4%), while the prices for the other major destinations experienced a decline.

Non-Self-Propelled Fork-Lift Truck Imports

Imports into Greece

In 2022, approx. X units of non-self-propelled fork-lift trucks were imported into Greece; jumping by 21% against the year before. Over the period under review, imports recorded resilient growth. The pace of growth appeared the most rapid in 2018 when imports increased by 96%. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-self-propelled fork-lift truck imports surged to $X in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Vietnam (X units) were the main suppliers of non-self-propelled fork-lift truck imports to Greece, together comprising 51% of total imports. The Netherlands, Belgium, Spain, Italy, France, Finland and Malaysia lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +155.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of non-self-propelled fork-lift trucks to Greece, comprising 29% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.0% per year) and China (+7.6% per year).

Import Prices by Country

In 2022, the average non-self-propelled fork-lift truck import price amounted to $X per unit, growing by 14% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 import price increased by +35.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 54%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average 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 the Netherlands ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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