Report Eastern Asia - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 14, 2022

Eastern Asia - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Fork-Lift Truck Market Overview 2022

Fork-Lift Truck Market Size in Eastern Asia

In 2020, the East Asian fork-lift truck market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market remained at a lower figure.

Fork-Lift Truck Production in Eastern Asia

In value terms, fork-lift truck production fell to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2019 to 2020, production growth remained at a lower figure.

Production By Country in Eastern Asia

China (X units) constituted the country with the largest volume of fork-lift truck production, accounting for X% of total volume. Moreover, fork-lift truck production in China exceeded the figures recorded by the second-largest producer, Japan (X units), more than tenfold.

In China, fork-lift truck production increased at an average annual rate of +X% over the period from 2007-2020.

Fork-Lift Truck Exports

Exports in Eastern Asia

In 2020, overseas shipments of fork-lift trucks decreased by -X% to X units, falling for the second consecutive year after three years of growth. Total exports indicated pronounced growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X units in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, fork-lift truck exports fell to $X in 2020. Total exports indicated slight growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

China dominates fork-lift truck exports structure, accounting for X units, which was approx. X% of total exports in 2020. Japan (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the fork-lift trucks exports, with a CAGR of +X% from 2007 to 2020. Japan (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, China ($X) remains the largest fork-lift truck supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in China amounted to +X%.

Export Prices by Country

In 2020, the fork-lift truck export price in Eastern Asia amounted to $X per unit, falling by -X% against the previous year. Overall, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. Over the period under review, export prices reached the peak figure at $X per unit in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($X per unit), while China amounted to $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Fork-Lift Truck Imports

Imports in Eastern Asia

In 2020, approx. X units of fork-lift trucks were imported in Eastern Asia; waning by -X% against the previous year. Over the period under review, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, fork-lift truck imports fell to $X in 2020. Total imports indicated a modest increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2019, and then dropped in the following year.

Imports by Country

South Korea represented the major importer of fork-lift trucks in Eastern Asia, with the volume of imports finishing at X units, which was near X% of total imports in 2020. Japan (X units) took a X% share (based on tonnes) of total imports, which put it in second place, followed by China (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%).

Imports into South Korea increased at an average annual rate of +X% from 2007 to 2020. At the same time, Japan (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2007-2020. China experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-X%) and Taiwan (Chinese) (-X%) illustrated a downward trend over the same period. While the share of South Korea (+X p.p.) and Japan (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of China (-X p.p.), Hong Kong SAR (-X p.p.) and Taiwan (Chinese) (-X p.p.) displayed negative dynamics.

In value terms, the largest fork-lift truck importing markets in Eastern Asia were China ($X), South Korea ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports.

Among the main importing countries, Taiwan (Chinese) 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

In 2020, the fork-lift truck import price in Eastern Asia amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, import prices hit record highs at $X per unit in 2010; however, from 2011 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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)

This report provides an in-depth analysis of the fork-lift truck market in Eastern Asia. 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 2025.


Country coverage:
• Democratic People's Republic of Korea
• Macao SAR
• South Korea
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
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