Self-propelled electric fork-lift truck market
Self-propelled Electric Fork-lift Truck - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | India |
| 3 | China |
| 4 | Japan |
| 5 | Germany |
In value terms, the largest self-propelled electric fork-lift truck markets worldwide were the United States, India and China, together comprising 47% of the global market. These countries were followed by Japan, Germany, Italy, Mexico, Canada, Thailand, South Korea, the Dominican Republic, the UK and Spain, which together accounted for a further 33%.
The Dominican Republic (+1,901.4% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while self-propelled electric fork-lift truck market for the other global leaders experienced more modest paces of growth.
Self-Propelled Electric Fork-Lift Truck Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Saudi Arabia | 11673 | 10175 | 32 | -94.8% |
| China | 4805 | 4223 | 4045 | -8.2% |
| Spain | 9425 | 6454 | 5693 | -22.3% |
| France | 6667 | 7150 | 6554 | -0.9% |
| United Kingdom | 9141 | 6588 | 7026 | -12.3% |
| Netherlands | 8147 | 7107 | 8440 | 1.8% |
| Belgium | 15639 | 16074 | 9852 | -20.6% |
| Sweden | 9472 | 9265 | 10107 | 3.3% |
| United States | 17957 | 16910 | 12869 | -15.3% |
| Italy | 13991 | 13950 | 13189 | -2.9% |
| Czech Republic | 6099 | 5797 | 14515 | 54.3% |
| Japan | 14993 | 16945 | 15378 | 1.3% |
| Germany | 17280 | 16419 | 16034 | -3.7% |
| Average | 11078 | 10396 | 9781 | -6.0% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($16,034 per unit), while Saudi Arabia ($32 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic (+54.3% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 14735 | 14881 | 14141 | -2.0% |
| United Kingdom | 11355 | 13463 | 13249 | 8.0% |
| Canada | 12260 | 11284 | 12996 | 3.0% |
| France | 15357 | 14458 | 11637 | -12.9% |
| Italy | 14755 | 11165 | 10507 | -15.6% |
| Russia | 10547 | 7571 | 9723 | -4.0% |
| Belgium | 11776 | 10832 | 8823 | -13.4% |
| United States | 9815 | 9424 | 8035 | -9.5% |
| Netherlands | 9289 | 9980 | 7619 | -9.4% |
| Poland | 11117 | 10229 | 7538 | -17.7% |
| Spain | 8598 | 7311 | 6203 | -15.1% |
| Germany | 7189 | 5888 | 6077 | -8.1% |
| Dominican Republic | 16304 | 15739 | 65 | -93.7% |
| Average | 11554 | 10831 | 9493 | -9.4% |
Prices varied noticeably by the country of destination; the country with the highest price was China ($14,141 per unit), while the Dominican Republic ($65 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced mixed trends in the import price figures.
Self-Propelled Electric Fork-Lift Truck - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.8 | 0.8 | 0.6 | -13.6% |
| France | 0.7 | 0.7 | 0.5 | -9.0% |
| Germany | 0.5 | 0.5 | 0.5 | -4.0% |
| Italy | 0.6 | 0.5 | 0.4 | -11.9% |
| United Kingdom | 0.4 | 0.5 | 0.4 | 0.4% |
In value terms, the largest self-propelled electric fork-lift truck importing markets worldwide were the United States ($593M), France ($540M) and Germany ($473M), with a combined 22% share of global imports. Italy, the UK, Belgium, the Netherlands, Canada, Spain, Poland, China, Russia and the Dominican Republic lagged somewhat behind, together accounting for a further 40%.
The Dominican Republic saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Self-Propelled Electric Fork-Lift Truck - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Germany | 2.9 | 2.9 | 2.4 | -8.1% |
| United States | 1 | 1 | 0.9 | -4.4% |
| China | 0.9 | 0.9 | 0.8 | -2.5% |
| Sweden | 0.9 | 0.9 | 0.7 | -6.6% |
| Italy | 0.9 | 0.9 | 0.7 | -12.3% |
In value terms, Germany ($2.4B) remains the largest self-propelled electric fork-lift truck supplier worldwide, comprising 31% of global exports. The second position in the ranking was occupied by the United States ($879M), with a 11% share of global exports. It was followed by China, with a 11% share.
From 2018 to 2020, the average annual growth rate of value in Germany amounted to -8.1%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-4.4% per year) and China (-2.5% per year).
Self-Propelled Electric Fork-Lift Truck - Market Forecast
Depressed by shrinking demand for self-propelled electric fork-lift truck worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Self-propelled Electric Fork-lift Truck - Product Coverage
- HS 842710 - Fork-lift and other works trucks; fitted with lifting or handling equipment, self-propelled by electric motor
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