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

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

The Pakistani non-self-propelled fork-lift truck market rose to $X in 2022, growing by 3.6% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.5% against 2020 indices. Non-self-propelled fork-lift truck consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Non-Self-Propelled Fork-Lift Truck Production in Pakistan

In value terms, non-self-propelled fork-lift truck production rose to $X in 2022 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.5% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 21% against the previous year. Non-self-propelled fork-lift truck production peaked at $X in 2020; afterwards, it flattened through to 2022.

Non-Self-Propelled Fork-Lift Truck Exports

Exports from Pakistan

In 2022, shipments abroad of non-self-propelled fork-lift trucks was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep downturn. The growth pace was the most rapid in 2018 with an increase of 5,847%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-self-propelled fork-lift truck exports rose notably to $X in 2022. In general, exports, however, continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2018 with an increase of 17,228%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Oman (X units), Afghanistan (X units) and South Africa (X units) were the main destinations of non-self-propelled fork-lift truck exports from Pakistan, together accounting for 44% of total exports. Moreover, non-self-propelled fork-lift truck exports in Oman exceeded the figures recorded by the second-largest exporter, Afghanistan, twofold.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +7.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) remains the key foreign market for non-self-propelled fork-lift trucks exports from Pakistan, comprising 98% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a 1.5% share of total exports. It was followed by the United Arab Emirates, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value to Oman amounted to -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (-52.8% per year) and the United Arab Emirates (-60.2% per year).

Export Prices by Country

In 2022, the average non-self-propelled fork-lift truck export price amounted to $X per unit, with a decrease of -14.9% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 191% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Oman ($X per unit), while the average price for exports to Kuwait ($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 Oman (-11.9%), while the prices for the other major destinations experienced a decline.

Non-Self-Propelled Fork-Lift Truck Imports

Imports into Pakistan

After two years of growth, overseas purchases of non-self-propelled fork-lift trucks decreased by -54.3% to X units in 2022. Overall, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 354% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, non-self-propelled fork-lift truck imports contracted notably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 116%. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-self-propelled fork-lift truck to Pakistan, with a 52% share of total imports. Moreover, non-self-propelled fork-lift truck imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. The third position in this ranking was held by Malaysia (X units), with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+56.1% per year) and Malaysia (+38.5% per year).

In value terms, China ($X), Poland ($X) and Germany ($X) constituted the largest non-self-propelled fork-lift truck suppliers to Pakistan, together comprising 78% of total imports.

Poland, with a CAGR of +126.4%, saw the highest growth rate of the value of imports, among 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 -48.5% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 72%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($X per unit), while the price for Malaysia ($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 (+45.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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