Italy: 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 Italy

The Italian self-propelled non-electric fork-lift truck market skyrocketed to $X in 2022, picking up by 470% against the previous year. Overall, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

In value terms, self-propelled non-electric fork-lift truck production rose significantly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 162% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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

Exports from Italy

In 2022, approx. X units of self-propelled fork-lift trucks with non-electric motor were exported from Italy; which is down by -11.6% on the previous year. Overall, exports, however, continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2021 when exports increased by 78% against the previous year. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, self-propelled non-electric fork-lift truck exports soared to $X in 2022. In general, exports, however, posted strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units), the United States (X units) and Germany (X units) were the main destinations of self-propelled non-electric fork-lift truck exports from Italy, with a combined 26% share of total exports. The UK, Australia, Hungary, the Netherlands, Sweden, Romania, Portugal, Spain, Russia and Canada lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +36.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Germany ($X) appeared to be the largest markets for self-propelled non-electric fork-lift truck exported from Italy worldwide, with a combined 41% share of total exports. The Netherlands, the UK, Sweden, Australia, Canada, Hungary, Russia, Spain, Portugal and Romania lagged somewhat behind, together comprising a further 34%.

Hungary, with a CAGR of +29.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average self-propelled non-electric fork-lift truck export price stood at $X per unit in 2022, with an increase of 50% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Romania ($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 Germany (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Italy

In 2022, supplies from abroad of self-propelled fork-lift trucks with non-electric motor increased by 39% to X units, rising for the second year in a row after two years of decline. Overall, imports posted resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 39% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, self-propelled non-electric fork-lift truck imports surged to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest self-propelled non-electric fork-lift truck supplier to Italy, accounting for a 42% share of total imports. Moreover, self-propelled non-electric fork-lift truck imports from China exceeded the figures recorded by the second-largest supplier, France (X units), threefold. Germany (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.1% per year) and Germany (+4.0% per year).

In value terms, the largest self-propelled non-electric fork-lift truck suppliers to Italy were France ($X), Germany ($X) and China ($X), with a combined 65% share of total imports. The Netherlands, the UK, Poland, South Korea and Belgium lagged somewhat behind, together comprising a further 21%.

Among the main suppliers, Poland, with a CAGR of +229.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average self-propelled non-electric fork-lift truck import price amounted to $X per unit, with an increase of 2.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 26%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

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 Germany ($X per unit), while the price for China ($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 (+71.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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