Report Update: Apr 1, 2024

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

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Fork-Lift Truck Price in Brazil - 2023

Fork-Lift Truck Price in Brazil (CIF) - 2023

In August 2023, the average fork-lift truck import price amounted to $2,329 per unit, waning by -69% against the previous month. In general, the import price showed a abrupt decrease. The growth pace was the most rapid in December 2022 when the average import price increased by 108% m-o-m. Over the period under review, average import prices hit record highs at $11,195 per unit in August 2022; afterwards, it flattened through to August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($30,438 per unit), while the price for China amounted to $1,526 per unit.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+12.6%).

Fork-Lift Truck Price in Brazil (FOB) - 2022

The average fork-lift truck export price stood at $4,585 per unit in 2022, jumping by 40% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 223%. Over the period under review, the average export prices hit record highs at $13,579 per unit in 2016; however, from 2017 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 Mexico ($25,058 per unit), while the average price for exports to Paraguay ($598 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 Mexico (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fork-Lift Truck Imports in Brazil

In 2022, fork-lift truck imports into Brazil soared to 96K units, jumping by 51% against the previous year. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 114% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, fork-lift truck imports skyrocketed to $545M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fork-Lift Truck in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	72.6	68.1	142	339	67.1%
Germany	40.9	38.1	35.7	38.7	-1.8%
United States	43.8	17.0	27.6	37.7	-4.9%
Sweden	9.0	9.8	9.5	22.3	35.3%
Others	76.5	48.4	74.3	108	12.2%
Total	243	181	289	545	30.9%

Top Suppliers of Fork-Lift Truck to Brazil in 2022:

China (86.9K units)
Sweden (2.0K units)
Germany (1.8K units)
United States (1.1K units)

Fork-Lift Truck Exports in Brazil

In 2022, the amount of fork-lift trucks exported from Brazil soared to 7.4K units, with an increase of 71% compared with the year before. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 83% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, fork-lift truck exports surged to $34M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fork-Lift Truck in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	1.5	0.2	1.4	12.4	102.2%
Argentina	4.0	3.6	4.7	10.9	39.7%
Chile	3.8	2.0	1.8	2.3	-15.4%
Bolivia	0.5	0.5	0.8	0.7	11.9%
Paraguay	0.6	0.4	0.7	0.7	5.3%
Uruguay	0.6	2.5	1.1	0.5	-5.9%
Others	4.5	7.2	3.5	6.3	11.9%
Total	15.6	16.4	14.0	33.7	29.3%

Top Export Markets for Fork-Lift Truck from Brazil in 2022:

Argentina (2.9K units)
Paraguay (1.1K units)
Uruguay (0.8K units)
Chile (0.8K units)
Bolivia (0.8K units)
Mexico (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fork-lift truck market in Brazil. 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:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
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:

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

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023