Report Update: May 1, 2024

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

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Fork-Lift Truck Price in Ireland - 2023

Fork-Lift Truck Price in Ireland (FOB) - 2023

The average fork-lift truck export price stood at $16,427 per unit in July 2023, rising by 31% against the previous month. In general, export price indicated a temperate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, fork-lift truck export price increased by +53.4% against May 2023 indices. The pace of growth was the most pronounced in December 2022 when the average export price increased by 40% month-to-month. Over the period under review, the average export prices hit record highs in July 2023.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Germany ($34,229 per unit), while the average price for exports to Poland ($3,982 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Fork-Lift Truck Price in Ireland (CIF) - 2022

In 2022, the average fork-lift truck import price amounted to $6,797 per unit, increasing by 18% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. The growth pace was the most rapid in 2014 an increase of 27%. The import price peaked at $13,071 per unit in 2018; however, from 2019 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 France ($18,603 per unit), while the price for Vietnam ($171 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+37.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Fork-Lift Truck Exports in Ireland

In 2022, fork-lift truck exports from Ireland fell sharply to 19K units, dropping by -84.1% on the previous year. Over the period under review, exports saw a slight decline. The most prominent rate of growth was recorded in 2021 when exports increased by 1,084%. As a result, the exports reached the peak of 117K units, and then contracted markedly in the following year.

In value terms, fork-lift truck exports surged to $580M in 2022. In general, exports showed a noticeable reduction. Over the period under review, the exports attained the maximum at $669M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Fork-Lift Truck in Ireland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	247	171	N/A	252	0.7%
United Kingdom	87.5	62.4	N/A	113	8.9%
Germany	21.0	34.7	N/A	40.8	24.8%
France	16.6	16.9	N/A	25.8	15.8%
Canada	22.3	14.0	N/A	25.0	3.9%
Australia	11.2	12.3	N/A	19.2	19.7%
Sweden	174	79.8	N/A	2.4	-76.0%
Others	89.0	86.4	481	102	4.6%
Total	669	477	481	580	-4.6%

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

United States (9.4K units)
United Kingdom (2.1K units)
Australia (1.9K units)
Canada (0.9K units)
Germany (0.9K units)
France (0.6K units)
Sweden (0.1K units)

Fork-Lift Truck Imports in Ireland

In 2022, approx. 14K units of fork-lift trucks were imported into Ireland; increasing by 63% compared with 2021 figures. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fork-lift truck imports surged to $95M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fork-Lift Truck in Ireland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	23.8	20.4	N/A	31.4	9.7%
France	13.4	7.0	N/A	18.9	12.1%
Germany	16.6	11.8	N/A	10.0	-15.5%
China	5.2	5.3	N/A	8.8	19.2%
Italy	7.6	5.5	N/A	8.3	3.0%
Sweden	4.0	3.5	N/A	5.1	8.4%
United States	0.8	1.0	N/A	2.0	35.7%
Belgium	2.3	1.0	N/A	1.6	-11.4%
Vietnam	N/A	N/A	N/A	0.1	0%
United Arab Emirates	N/A	N/A	49.4	N/A	0%
Others	6.5	5.7	N/A	8.9	11.0%
Total	80.3	61.2	49.4	95.1	5.8%

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

China (5.0K units)
United Kingdom (3.3K units)
France (1.0K units)
Sweden (0.8K units)
Germany (0.8K units)
United States (0.6K units)
Vietnam (0.6K units)
Italy (0.5K units)
Belgium (0.4K units)

Source: IndexBox Market Intelligence Platform

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

Ireland

Data coverage:

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