Report Update Nov 1, 2024

Puerto Rico - Non-Self-Propelled Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Non-Self-Propelled Fork-Lift Truck Market 2024

Non-Self-Propelled Fork-Lift Truck Market Size in Puerto Rico

The Puerto Rican non-self-propelled fork-lift truck market dropped to $X in 2021, with a decrease of -11.1% against the previous year. Over the period under review, consumption saw a pronounced contraction. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Non-Self-Propelled Fork-Lift Truck Production in Puerto Rico

In value terms, non-self-propelled fork-lift truck production declined to $X in 2021 estimated in export price. Over the period under review, production recorded a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Non-Self-Propelled Fork-Lift Truck Exports

Exports by Country

China represented the main exporting country with an export of around X units, which recorded 39% of total exports. Italy (X units) took the second position in the ranking, followed by Sweden (X units), Ireland (X units), Germany (X units) and Belgium (X units). All these countries together held approx. 35% share of total exports. The following exporters - Vietnam (X units), Malaysia (X units), France (X units), the Netherlands (X units) and Indonesia (X units) - together made up 14% of total exports.

Exports from China increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, Malaysia (+58.8%), Vietnam (+41.1%), Italy (+19.4%), Belgium (+16.3%), the Netherlands (+10.4%), Ireland (+8.7%), Sweden (+8.2%), France (+6.9%) and Germany (+4.2%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +58.8% from 2012-2021. By contrast, Indonesia (-11.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Italy, Vietnam, Malaysia and Belgium increased by +5.8, +3.9, +3.4 and +2.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-self-propelled fork-lift truck supplier from Puerto Rico, comprising 35% of global exports. The second position in the ranking was held by Ireland ($X), with an 11% share of global exports. It was followed by Italy, with an 8.3% share.

In China, non-self-propelled fork-lift truck exports expanded at an average annual rate of +4.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Ireland (+11.9% per year) and Italy (+6.8% per year).

Non-Self-Propelled Fork-Lift Truck Imports

Imports by Country

In 2021, Germany (X units), followed by France (X units), the United States (X units), the Netherlands (X units), Nigeria (X units) and Italy (X units) were the main importers of non-self-propelled fork-lift trucks, together making up 42% of total imports. The following importers - Spain (X units), Belgium (X units), Poland (X units), the UK (X units), Canada (X units), India (X units) and Vietnam (X units) - together made up 19% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of +27.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-self-propelled fork-lift truck importing markets into Puerto Rico were the United States ($X), Canada ($X) and Germany ($X), with a combined 28% share of total imports. France, Nigeria, India, Italy, the Netherlands, Belgium, the UK, Spain, Poland and Vietnam lagged somewhat behind, together comprising a further 30%.

Nigeria, with a CAGR of +19.8%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-self-propelled fork-lift trucks in the world?

China constituted the country with the largest volume of non-self-propelled fork-lift truck consumption, accounting for 43% of total volume. Moreover, non-self-propelled fork-lift truck consumption in China exceeded the figures recorded by the second-largest consumer, South Africa, threefold. The third position in this ranking was occupied by the United States, with a 3.4% share.

What are the largest producers of non-self-propelled fork-lift trucks in the world?

China remains the largest non-self-propelled fork-lift truck producing country worldwide, accounting for 69% of total volume. Moreover, non-self-propelled fork-lift truck production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. The third position in this ranking was occupied by India, with a 3.7% share.

What are the leading suppliers of non-self-propelled fork-lift trucks to Puerto Rico?

In value terms, Germany, France and Nigeria appeared to be the countries with the highest levels of imports in 2021, with a combined 19% share of total imports. Vietnam, the Netherlands, Belgium, the UK, Spain, Poland, South Korea and South Africa lagged somewhat behind, together accounting for a further 19%.

What are the leading importers of non-self-propelled fork-lift trucks from Puerto Rico?

In value terms, China remains the largest non-self-propelled fork-lift truck supplier from Puerto Rico, comprising 29% of global exports. The second position in the ranking was occupied by Ireland, with a 13% share of global exports. It was followed by Italy, with a 9% share.

What is the average export price for non-self-propelled fork-lift trucks in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand units in 2021, approximately reflecting the previous year.

What is the average import price for non-self-propelled fork-lift trucks in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per thousand units in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023