Which Country Imports the Most Fork-Lift Trucks and Other Works Trucks in the World?

Lifting And Handling Equipment May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Which Country Imports the Most Fork-Lift Trucks and Other Works Trucks in the World?

IndexBox has just published a new report "World: Fork-Lift Trucks And Other Works Trucks, Tractors Of The Type Used On Railway Station Platforms - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, approx. 4.4M tonnes of forklift truck were imported worldwide- moving up by 2% against the previous year figure. In general, forklift truck imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when import increased by 19% from the previous year level. Over the period under review, global forklift truck imports attained its maximum volume of 4.5M tonnes in 2008- however, from 2009 to 2016, it failed to regain its strength.

In value terms, forklift truck imports amounted to $15B in 2016. Overall, forklift truck imports continue to indicate a relatively flat trend pattern. Over the period under review, global forklift truck imports reached its maximum level of $16B in 2008- however, from 2009 to 2016, it stood at a somewhat lower level.

Top Forklift Truck Importing Countries in the World

1. USA (1,989.9 million USD)

2. France (1,164.9 million USD)

3. United Kingdom (812.9 million USD)

4. Germany (742.8 million USD)

5. Netherlands (729.8 million USD)

6. Canada (672.5 million USD)

7. Belgium (647.0 million USD)

8. Italy (598.0 million USD)

9. China (219.1 million USD)

10. Sweden (140.9 million USD)

11. South Korea (124.1 million USD)

12. Japan (31.3 million USD)

Forklift Truck Imports By Country

Japan (555K tonnes), Germany (441K tonnes), the U.S. (370K tonnes), China (332K tonnes), the UK (247K tonnes), the Netherlands (237K tonnes), Italy (166K tonnes), France (161K tonnes), South Korea (158K tonnes), Sweden (133K tonnes), Canada (120K tonnes), and Belgium (109K tonnes) represented roughly 69% of total imports of forklift truck in 2016.

From 2007 to 2016, the most notable growth rate of forklift truck imports, among the main importing countries, was attained by the Netherlands (+6.3% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($2B), France ($1.2B) and the UK ($813M) constituted the countries with the highest levels of imports in 2016, with a combined 27% share of global imports. These countries were followed by Germany, the Netherlands, Canada, Belgium, Italy, China, Sweden, South Korea and Japan, which together accounted for a further 26%.

South Korea (+5.6% per year) had the highest growth rate of forklift truck imports, in terms of the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Forklift Truck Import Prices By Country

The average forklift truck import price stood at $3,363 per tonne in 2016, falling by -1.8% against the previous year. In general, forklift truck import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when import increased by 18% year-to-year. Over the period under review, average forklift truck import price reached its maximum level of $3,644 per tonne in 2014- however, from 2015 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was France ($7,228 per tonne), while Japan ($56 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of forklift truck import prices was attained by France (+8.2% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global forklift truck market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • forklift truck market share
  • forklift truck prices
  • forklift truck industry
  • forklift truck sales
  • forklift truck import
  • forklift truck export
  • forklift truck market forecast
  • forklift truck price forecast
  • key forklift truck producers

All data provided in this article covers the following product: HS Code 8427 - Fork-lift and other works trucks- fitted with lifting or handling equipment.

Source: World: Fork-Lift Trucks And Other Works Trucks, Tractors Of The Type Used On Railway Station Platforms - Market Report. Analysis and Forecast to 2025