Scandinavia: 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 Scandinavia

The Scandinavia self-propelled non-electric fork-lift truck market soared to $X in 2022, picking up by 88% against the previous year. Overall, consumption showed a resilient expansion. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

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

In value terms, self-propelled non-electric fork-lift truck production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4.9% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in Scandinavia

In 2022, exports of self-propelled fork-lift trucks with non-electric motor in Scandinavia dropped significantly to X units, waning by -28.5% on the previous year's figure. Overall, exports showed a slight descent. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck exports reduced rapidly to $X in 2022. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units) and Norway (X units) dominates exports structure, together comprising 94% of total exports. It was distantly followed by Finland (X units), achieving a 6% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Norway (with a CAGR of +13.6%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Sweden ($X) remains the largest self-propelled non-electric fork-lift truck supplier in Scandinavia, comprising 89% of total exports. The second position in the ranking was held by Norway ($X), with a 6.1% share of total exports.

In Sweden, self-propelled non-electric fork-lift truck exports decreased by an average annual rate of -8.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (+8.5% per year) and Finland (-4.4% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, approximately mirroring the previous year. Overall, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when the export price increased by 6.7% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-2.2%), while the other leaders experienced a decline in the export price figures.

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

Imports in Scandinavia

Self-propelled non-electric fork-lift truck imports plummeted to X units in 2022, dropping by -24.7% compared with 2021 figures. In general, imports saw a slight reduction. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of X units, and then fell rapidly in the following year.

In value terms, self-propelled non-electric fork-lift truck imports reduced to $X in 2022. Over the period under review, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Norway (X units) and Sweden (X units) were the main importers of self-propelled fork-lift trucks with non-electric motor in Scandinavia, together finishing at approx. 80% of total imports. It was distantly followed by Finland (X units), constituting a 20% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +1.3%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest self-propelled non-electric fork-lift truck importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

Sweden, with a CAGR of -1.0%, recorded 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, growing by 21% against the previous year. In general, the import price, however, recorded a mild downturn. Over the period under review, import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform