U.S.: 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 the U.S.

The U.S. self-propelled non-electric fork-lift truck market skyrocketed to $X in 2022, with an increase of 23% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Self-propelled non-electric fork-lift truck consumption peaked at $X in 2012; afterwards, it flattened through to 2022.

Production of Self-Propelled Fork-Lift Trucks with Non-Electric Motor in the U.S.

In value terms, self-propelled non-electric fork-lift truck production expanded markedly to $X in 2022. In general, production, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2020 when the production volume increased by 51%. Self-propelled non-electric fork-lift truck production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from the U.S.

In 2022, approx. X units of self-propelled fork-lift trucks with non-electric motor were exported from the United States; jumping by 20% compared with 2021. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, self-propelled non-electric fork-lift truck exports rose significantly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X units), Mexico (X units) and the UK (X units) were the main destinations of self-propelled non-electric fork-lift truck exports from the United States, together accounting for 77% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +14.0%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for self-propelled fork-lift trucks with non-electric motor exports from the United States, comprising 51% of total exports. The second position in the ranking was taken by Mexico ($X), with a 13% share of total exports. It was followed by Belgium, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-1.5% per year) and Belgium (+4.9% per year).

Export Prices by Country

The average self-propelled non-electric fork-lift truck export price stood at $X per unit in 2022, waning by -5.8% against the previous year. Overall, the export price showed a mild decrease. The pace of growth was the most pronounced in 2021 an increase of 21%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 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 Belgium ($X per unit), while the average price for exports to Mexico ($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 Australia (+1.3%), 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 the U.S.

In 2022, overseas purchases of self-propelled fork-lift trucks with non-electric motor increased by 59% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled non-electric fork-lift truck imports skyrocketed to $X in 2022. Overall, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X units), China (X units) and the UK (X units) were the main suppliers of self-propelled non-electric fork-lift truck imports to the United States, together comprising 60% of total imports. Canada, Ireland, Italy, Vietnam, Mexico, Germany, Japan and the Netherlands lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +109.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), South Korea ($X) and Canada ($X) were the largest self-propelled non-electric fork-lift truck suppliers to the United States, with a combined 53% share of total imports. Italy, China, Ireland, Germany, Mexico, the Netherlands, Vietnam and Japan lagged somewhat behind, together accounting for a further 40%.

Vietnam, with a CAGR of +105.5%, saw the highest rates of growth with regard to 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 self-propelled non-electric fork-lift truck import price stood at $X per unit in 2022, falling by -2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 17%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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