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

Southern Asia - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Southern Asia: Fork-Lift Truck Market Overview 2022

Fork-Lift Truck Market Size in Southern Asia

The South Asian fork-lift truck market expanded modestly to $X in 2020, with an increase of X% against the previous year. Overall, consumption continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2011 to 2020, the growth of the market failed to regain the momentum.

Fork-Lift Truck Production in Southern Asia

In value terms, fork-lift truck production rose notably to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2011 to 2020, production growth remained at a lower figure.

Production By Country in Southern Asia

India (X units) remains the largest fork-lift truck producing country in Southern Asia, accounting for X% of total volume.

In India, fork-lift truck production remained relatively stable over the period from 2007-2020.

Fork-Lift Truck Exports

Exports in Southern Asia

In 2020, shipments abroad of fork-lift trucks increased by X% to X units, rising for the fifth year in a row after two years of decline. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. The volume of export peaked in 2020 and is likely to continue growth in the immediate term.

In value terms, fork-lift truck exports rose remarkably to $X in 2020. In general, exports saw a perceptible increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of export peaked in 2020 and is likely to see steady growth in years to come.

Exports by Country

The biggest shipments were from India (X units), together accounting for X% of total export.

India was also the fastest-growing in terms of the fork-lift trucks exports, with a CAGR of +X% from 2007 to 2020. From 2007 to 2020, the share of India increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest fork-lift truck supplier in Southern Asia.

From 2007 to 2020, the average annual growth rate of value in India stood at +X%.

Export Prices by Country

The fork-lift truck export price in Southern Asia stood at $X per unit in 2020, which is down by -X% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2007 to 2020, the rate of growth in terms of prices for India amounted to -X% per year.

Fork-Lift Truck Imports

Imports in Southern Asia

In 2020, overseas purchases of fork-lift trucks decreased by -X% to X units, falling for the second consecutive year after five years of growth. Over the period under review, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. As a result, imports reached the peak of X units. from 2019 to 2020, the growth imports remained at a lower figure.

In value terms, fork-lift truck imports declined markedly to $X in 2020. In general, imports, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The level of import peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

India dominates fork-lift truck imports structure, finishing at X units, which was approx. X% of total imports in 2020. Sri Lanka (X units), Pakistan (X units) and Afghanistan (X units) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to fork-lift truck imports into India stood at +X%. At the same time, Sri Lanka (+X%) and Afghanistan (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2020. Pakistan experienced a relatively flat trend pattern. From 2007 to 2020, the share of India increased by +X% percentage points, while Afghanistan (-X p.p.) and Pakistan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported fork-lift trucks in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

In India, fork-lift truck imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Pakistan (-X% per year) and Sri Lanka (+X% per year).

Import Prices by Country

In 2020, the fork-lift truck import price in Southern Asia amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2012 when the import price increased by X% year-to-year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Pakistan ($X per unit), while Afghanistan ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan, while the other leaders experienced a decline in the import price figures.

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 Southern 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:
• Afghanistan
• Bhutan
• Maldives
• Nepal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Southern Asia, split by region and country
• Trade (exports and imports) in Southern 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

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
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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