China: Market for Self-Propelled Fork-Lift Trucks with Non-Electric Motor 2024

Market Size for Self-Propelled Fork-Lift Trucks with Non-Electric Motor in China

For the third year in a row, the Chinese self-propelled non-electric fork-lift truck market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption showed a abrupt descent. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Self-Propelled Fork-Lift Trucks with Non-Electric Motor in China

In value terms, self-propelled non-electric fork-lift truck production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Exports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Exports from China

Self-propelled non-electric fork-lift truck exports from China expanded significantly to X units in 2022, picking up by X% compared with the year before. Over the period under review, exports posted a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, self-propelled non-electric fork-lift truck exports surged to $X in 2022. In general, exports showed a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X units), Russia (X units) and Australia (X units) were the main destinations of self-propelled non-electric fork-lift truck exports from China, together accounting for X% of total exports. Argentina, Brazil, the Netherlands, Malaysia, Turkey, Indonesia, France, Thailand, South Africa and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-propelled non-electric fork-lift truck exported from China were the United States ($X), Australia ($X) and the Netherlands ($X), with a combined X% share of total exports. Russia, Brazil, Argentina, France, Canada, Indonesia, Turkey, Thailand, Malaysia and South Africa lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Canada, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average self-propelled non-electric fork-lift truck export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Malaysia ($X 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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Imports into China

Self-propelled non-electric fork-lift truck imports into China shrank slightly to X units in 2022, falling by X% compared with 2021 figures. Overall, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck imports reduced remarkably to $X in 2022. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Japan (X units), South Korea (X units) and Germany (X units) were the main suppliers of self-propelled non-electric fork-lift truck imports to China, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), South Korea ($X) and Japan ($X) appeared to be the largest self-propelled non-electric fork-lift truck suppliers to China, with a combined X% share of total imports.

Among the main suppliers, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average self-propelled non-electric fork-lift truck import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price saw a noticeable decrease. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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