U.S. - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFork-Lift Truck Price in the United States - 2023
Contents:
- Fork-Lift Truck Price in the United States (CIF) - 2023
- Fork-Lift Truck Price in the United States (FOB) - 2023
- Fork-Lift Truck Imports in the United States
- Fork-Lift Truck Exports in the United States
Fork-Lift Truck Price in the United States (CIF) - 2023
In August 2023, the average fork-lift truck import price amounted to $9,414 per unit, increasing by 5% against the previous month. In general, import price indicated a buoyant expansion from August 2022 to August 2023: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, fork-lift truck import price increased by +50.7% against April 2023 indices. The growth pace was the most rapid in May 2023 an increase of 28% against the previous month. Over the period under review, average import prices hit record highs in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($60,970 per unit), while the price for China ($1,486 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Fork-Lift Truck Price in the United States (FOB) - 2023
In August 2023, the average fork-lift truck export price amounted to $21,671 per unit, waning by -8.5% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 33% month-to-month. The export price peaked at $25,495 per unit in June 2023; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($42,641 per unit), while the average price for exports to Japan ($7,496 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Fork-Lift Truck Imports in the United States
Fork-lift truck imports into the United States soared to 802K units in 2022, with an increase of 34% on the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, fork-lift truck imports skyrocketed to $4.3B in 2022. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Fork-Lift Truck in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 318 | 317 | 516 | 729 | 31.9% |
| Canada | 586 | 295 | 445 | 578 | -0.5% |
| South Korea | 357 | 236 | 375 | 570 | 16.9% |
| Mexico | 127 | 71.0 | 169 | 382 | 44.4% |
| Germany | 219 | 176 | 238 | 264 | 6.4% |
| Others | 1,379 | 816 | 1,150 | 1,795 | 9.2% |
| Total | 2,987 | 1,911 | 2,893 | 4,318 | 13.1% |
Top Suppliers of Fork-Lift Truck to the United States in 2022:
- China (642.9K units)
- Mexico (30.9K units)
- Canada (23.8K units)
- South Korea (21.0K units)
- Germany (17.9K units)
Fork-Lift Truck Exports in the United States
In 2022, the amount of fork-lift trucks exported from the United States rose rapidly to 144K units, growing by 11% compared with 2021 figures. The total export volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, fork-lift truck exports rose remarkably to $2.4B in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 29%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Fork-Lift Truck in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 912 | 658 | 943 | 1,072 | 5.5% |
| Mexico | 398 | 302 | 309 | 353 | -3.9% |
| Netherlands | 105 | 148 | 182 | 141 | 10.3% |
| Australia | 128 | 68.6 | 92.3 | 127 | -0.3% |
| United Kingdom | 67.7 | 85.3 | 120 | 106 | 16.1% |
| Belgium | 175 | 77.9 | 87.1 | 101 | -16.7% |
| Japan | 25.4 | 24.4 | 37.4 | 30.8 | 6.6% |
| Others | 494 | 302 | 377 | 458 | -2.5% |
| Total | 2,305 | 1,666 | 2,147 | 2,388 | 1.2% |
Top Export Markets for Fork-Lift Truck from the United States in 2022:
- Canada (54.4K units)
- Mexico (23.8K units)
- Netherlands (20.5K units)
- United Kingdom (13.0K units)
- Australia (5.6K units)
- Japan (4.3K units)
- Belgium (2.2K units)
This report provides an in-depth analysis of the fork-lift truck market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
264
This report provides an in-depth analysis of the fork-lift truck market in the U.S..
625
This report provides an in-depth analysis of the market for forklift truck and industrial works truck in the U.S..
392
This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in the U.S..
356
This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck in the U.S..
289
This report provides an in-depth analysis of the global fork-lift truck market.
1903
This report provides an in-depth analysis of the global market for forklift truck and industrial works truck.
443
This report provides an in-depth analysis of the global non-self-propelled fork-lift truck market.
515
This report provides an in-depth analysis of the global market for self-propelled non-electric fork-lift truck.
264
This report provides an in-depth analysis of the fork-lift truck market in the U.S..
625
This report provides an in-depth analysis of the market for forklift truck and industrial works truck in the U.S..
611
The e-commerce boom seen in the second half of 2020 led to an increased demand for both warehouse space and the forklift trucks required to service and maintain these facilities. The increasing use of lithium-ion battery-operated forklift devices is also in pace with the Paris Agreement regarding energy efficiency and the reduction of pollution.
275
Discover the top import markets for fork-lift trucks worldwide. Explore key statistics, market values, and the importance of these countries in the global market. Gain insights from IndexBox market intelligence platform.
104
Explore the top import markets for forklift trucks and industrial works trucks around the world. Discover key statistics and trends in the industry.
757
In value terms, self-propelled works trucks imports totaled $X in 2016. Overall, self-propelled works trucks imports continue to indicate a relatively flat trend pattern. Over the period under revi...
837
In value terms, self-propelled works trucks exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicat...
1207
In 2016, approx. X tons of forklift truck were imported worldwide- moving up by X% against the previous year figure. In general, forklift truck imports continue to indicate a relatively flat tren...
1892
In 2016, approx. X tons of forklift truck were imported worldwide- moving up by X% against the previous year figure. In general, forklift truck imports continue to indicate a relatively flat tren...
154
Explore the top import markets for self-propelled non-electric fork-lift trucks around the world. Learn about key statistics and import values in countries such as the United States, Canada, Netherlands, and more.
230
Explore the world's best import markets for self-propelled non-electric forklift trucks. Learn about the key statistics and figures of these top countries. Discover the leading markets and emerging opportunities in the industry.
611
The e-commerce boom seen in the second half of 2020 led to an increased demand for both warehouse space and the forklift trucks required to service and maintain these facilities. The increasing use of lithium-ion battery-operated forklift devices is also in pace with the Paris Agreement regarding energy efficiency and the reduction of pollution.
