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

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

The Italian non-self-propelled fork-lift truck market soared to $X in 2022, with an increase of 291% against the previous year. In general, consumption continues to indicate a strong expansion. 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 Italy

In value terms, non-self-propelled fork-lift truck production surged to $X in 2022 estimated in export price. Overall, production posted a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 233% against the previous year. Non-self-propelled fork-lift truck production peaked in 2022 and is expected to retain growth in years to come.

Non-Self-Propelled Fork-Lift Truck Exports

Exports from Italy

In 2022, non-self-propelled fork-lift truck exports from Italy contracted to X units, shrinking by -7.9% on the previous year. Over the period under review, total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% 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 +19.0% against 2020 indices. The pace of growth was the most pronounced in 2014 when exports increased by 48%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, non-self-propelled fork-lift truck exports skyrocketed to $X in 2022. In general, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and Spain (X units) were the main destinations of non-self-propelled fork-lift truck exports from Italy, with a combined 55% share of total exports. Sweden, the UK, Switzerland, the United States, the Netherlands, Denmark, Portugal, Austria, Romania and Belgium lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +39.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for non-self-propelled fork-lift trucks exports from Italy, comprising 40% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by France, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +51.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.7% per year) and France (+1.4% per year).

Export Prices by Country

The average non-self-propelled fork-lift truck export price stood at $X per unit in 2022, rising by 40% against the previous year. In general, the export price posted a notable expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Portugal ($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 the United States (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Self-Propelled Fork-Lift Truck Imports

Imports into Italy

Non-self-propelled fork-lift truck imports into Italy declined significantly to X units in 2022, reducing by -17.9% against the previous year. Overall, total imports indicated a moderate increase 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, imports increased by +48.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports reached the peak of X units, and then dropped dramatically in the following year.

In value terms, non-self-propelled fork-lift truck imports dropped markedly to $X in 2022. Over the period under review, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% 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 +45.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 101%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Vietnam (X units) and Malaysia (X units) were the main suppliers of non-self-propelled fork-lift truck imports to Italy, together accounting for 71% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +57.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Vietnam ($X) were the largest non-self-propelled fork-lift truck suppliers to Italy, with a combined 58% share of total imports.

Vietnam, with a CAGR of +63.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-self-propelled fork-lift truck import price stood at $X per unit in 2022, shrinking by -11.8% against the previous year. Overall, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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