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World - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

World - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Nov 15, 2023

The Largest Import Markets for Fork-Lift Truck | Key Statistics

Fork-lift trucks play a crucial role in various industries, facilitating the movement and transportation of heavy goods. They are widely used in warehouses, manufacturing plants, and logistics centers, among others. As such, there is a significant demand for these machines in the global market, and certain countries emerge as the world's best import markets for fork-lift trucks.

Top Import Markets for Fork-Lift Trucks

According to the data from the IndexBox market intelligence platform, the following countries stand out as the top importers of fork-lift trucks based on import value in 2022:

  • United States - $4.3 billion USD
  • Canada - $1.4 billion USD
  • Germany - $1.3 billion USD
  • Netherlands - $1.2 billion USD
  • United Kingdom - $1.2 billion USD
  • France - $1.2 billion USD
  • Italy - $1.0 billion USD
  • Australia - $918.1 million USD
  • Belgium - $796.5 million USD
  • Russia - $598.0 million USD

These countries showcase a high demand for fork-lift trucks, reflecting the importance of this equipment in their respective industries.

1. United States

With an import value of $4.3 billion USD, the United States dominates the global market as the largest importer of fork-lift trucks. The thriving manufacturing sector, along with the rapid growth of e-commerce and logistics industries, drives the demand for these machines in the country. Fork-lift trucks are essential for the efficient movement of goods in warehouses and distribution centers, making them a crucial investment.

2. Canada

Canada follows closely behind the United States, with an import value of $1.4 billion USD. The Canadian market for fork-lift trucks is fueled by various sectors, including manufacturing, construction, and warehousing. The country's robust economic growth and expanding logistics infrastructure contribute to the significant demand for these machines.

3. Germany

Germany, known for its advanced industrial sector, ranks third with an import value of $1.3 billion USD. The strong manufacturing base and well-established logistics network in the country drive the demand for fork-lift trucks. German industries rely on efficient material handling and movement, making fork-lift trucks an indispensable tool.

4. Netherlands

The Netherlands imports fork-lift trucks worth $1.2 billion USD, securing the fourth position in the global market. The country's strategic location as a gateway to Europe, coupled with its well-developed logistics infrastructure, contributes to the high demand for fork-lift trucks. The Dutch market benefits from its role as a major hub for international trade and transportation.

5. United Kingdom

The United Kingdom also holds a significant position in the global import market for fork-lift trucks, with an import value of $1.2 billion USD. The country's thriving manufacturing and logistics sectors create a strong demand for these machines. Additionally, the growing e-commerce industry and the need for efficient warehouse operations contribute to the import demand.

6. France

France joins the list with an import value of $1.2 billion USD, reflecting its importance in the global market. The country's diverse industrial base, ranging from automotive and aerospace to retail and food processing, drives the need for fork-lift trucks. French industries prioritize the optimization of material handling processes, making fork-lift trucks a crucial investment.

7. Italy

Italy imports fork-lift trucks worth $1.0 billion USD, demonstrating its strong demand for these machines. The Italian economy relies on several sectors, including manufacturing, agriculture, and logistics, where efficient material handling and movement play a vital role. Fork-lift trucks enable Italian industries to enhance productivity and streamline operations.

8. Australia

Australia emerges as one of the prominent import markets for fork-lift trucks, with an import value of $918.1 million USD. The country's booming construction and logistics sectors, coupled with its vast mining industry, contribute to the robust demand for these machines. Fork-lift trucks are essential for the handling of goods in various industries, supporting Australia's economic growth.

9. Belgium

Belgium, with an import value of $796.5 million USD, displays a significant market for fork-lift trucks. As a crucial transit hub for Europe, the country benefits from its strategic location and well-developed logistics infrastructure. Fork-lift trucks are essential for efficient material handling in Belgium's warehouses, distribution centers, and ports.

10. Russia

Russia concludes the list with an import value of $598.0 million USD. The Russian market for fork-lift trucks is driven by various industries, including manufacturing, construction, and logistics. As the country focuses on improving its logistics infrastructure and streamlining operations, the demand for fork-lift trucks is expected to grow in the coming years.

Conclusion

The world's best import markets for fork-lift trucks are comprised of countries with thriving industries, robust logistics networks, and a high demand for efficient material handling. The United States leads the pack as the largest importer, followed by Canada, Germany, and the Netherlands. These countries reflect the global significance of fork-lift trucks in various sectors, from manufacturing to e-commerce, as they facilitate the smooth movement of goods.

Note: The data used in this article was sourced from the IndexBox market intelligence platform.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global fork-lift truck market. 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 28221513 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height . 1 m
  • Prodcom 28221515 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height < 1 m
  • Prodcom 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor
  • Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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