United Arab Emirates: 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 United Arab Emirates

The self-propelled non-electric fork-lift truck market in the United Arab Emirates dropped dramatically to $X in 2022, waning by -19.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a noticeable decline. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

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

Exports from the United Arab Emirates

In 2022, overseas shipments of self-propelled fork-lift trucks with non-electric motor increased by 54% to X units, rising for the second year in a row after three years of decline. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 223%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck exports dropped rapidly to $X in 2022. Overall, exports, however, recorded a mild descent. The growth pace was the most rapid in 2017 when exports increased by 132%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa (X units), Burundi (X units) and Egypt (X units) were the main destinations of self-propelled non-electric fork-lift truck exports from the United Arab Emirates, with a combined 81% share 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 Burundi (with a CAGR of +10,550.0%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) emerged as the key foreign market for self-propelled fork-lift trucks with non-electric motor exports from the United Arab Emirates, comprising 36% of total exports. The second position in the ranking was taken by South Africa ($X), with an 8.7% share of total exports. It was followed by Uzbekistan, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt amounted to +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+23.6% per year) and Uzbekistan (+34.0% per year).

Export Prices by Country

The average self-propelled non-electric fork-lift truck export price stood at $X per unit in 2022, with a decrease of -48.1% against the previous year. Over the period under review, the export price saw a deep reduction. The growth pace was the most rapid in 2017 an increase of 83%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Burundi ($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 Chile (+34.5%), 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 United Arab Emirates

Self-propelled non-electric fork-lift truck imports into the United Arab Emirates declined modestly to X units in 2022, shrinking by -2% against 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 31% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, self-propelled non-electric fork-lift truck imports reduced to $X in 2022. In general, imports saw a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 42%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of self-propelled non-electric fork-lift truck to the United Arab Emirates, with a 46% share of total imports. Moreover, self-propelled non-electric fork-lift truck imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. The third position in this ranking was taken by Singapore (X units), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-1.3% per year) and Singapore (+46.3% per year).

In value terms, the largest self-propelled non-electric fork-lift truck suppliers to the United Arab Emirates were China ($X), Japan ($X) and the UK ($X), with a combined 77% share of total imports. The United States, the Netherlands, Singapore, France and South Korea lagged somewhat behind, together accounting for a further 11%.

Among the main suppliers, Singapore, with a CAGR of +34.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average self-propelled non-electric fork-lift truck import price amounted to $X per unit, declining by -13% against the previous year. Over the period under review, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 the UK ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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