China - Non-Self-Propelled Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Self-Propelled Fork-Lift Truck Price in China - 2023
Contents:
- Non-Self-Propelled Fork-Lift Truck Price in China (FOB) - 2023
- Non-Self-Propelled Fork-Lift Truck Price in China (CIF) - 2022
- Non-Self-Propelled Fork-Lift Truck Exports in China
- Non-Self-Propelled Fork-Lift Truck Imports in China
Non-Self-Propelled Fork-Lift Truck Price in China (FOB) - 2023
The average non-self-propelled fork-lift truck export price stood at $248 per unit in September 2023, rising by 5.7% against the previous month. In general, the export price, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in March 2023 an increase of 15% month-to-month. The export price peaked at $337 per unit in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($690 per unit), while the average price for exports to India ($142 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Self-Propelled Fork-Lift Truck Price in China (CIF) - 2022
In 2022, the average non-self-propelled fork-lift truck import price amounted to $9,585 per unit, waning by -14% against the previous year. Overall, the import price, however, continues to indicate a notable increase. The most prominent rate of growth was recorded in 2017 an increase of 217%. Over the period under review, average import prices hit record highs at $11,145 per unit in 2021, and then dropped in the following year.
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 Denmark ($49,315 per unit), while the price for Sweden ($1,223 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+36.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Self-Propelled Fork-Lift Truck Exports in China
In 2022, exports of non-self-propelled fork-lift trucks from China expanded remarkably to 2.3M units, with an increase of 5.4% against 2021 figures. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, non-self-propelled fork-lift truck exports skyrocketed to $611M in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
Export of Non-Self-Propelled Fork-Lift Truck in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 84.0 | 77.6 | 111 | 137 | 17.7% |
Russia | 17.4 | 22.8 | 29.0 | 45.9 | 38.2% |
Australia | 16.1 | 16.9 | 24.3 | 40.1 | 35.6% |
Brazil | 7.0 | 5.3 | 10.9 | 33.7 | 68.9% |
Germany | 20.6 | 15.0 | 25.0 | 27.0 | 9.4% |
South Korea | 11.1 | 11.4 | 18.9 | 21.9 | 25.4% |
India | 14.7 | 11.8 | 16.3 | 20.3 | 11.4% |
Mexico | 8.3 | 6.5 | 12.1 | 16.7 | 26.2% |
Canada | 4.9 | 4.2 | 6.7 | 12.2 | 35.5% |
Vietnam | 10.4 | 8.5 | 10.2 | 12.1 | 5.2% |
Saudi Arabia | 1.6 | 1.6 | 2.2 | 10.9 | 89.6% |
United Kingdom | 4.8 | 3.5 | 7.6 | 10.8 | 31.0% |
Turkey | 6.5 | 7.1 | 10.7 | 8.6 | 9.8% |
Others | 141 | 125 | 173 | 214 | 14.9% |
Total | 348 | 317 | 458 | 611 | 20.6% |
Top Export Markets for Non-Self-Propelled Fork-Lift Truck from China in 2022:
- United States (700.1K units)
- Russia (301.4K units)
- Brazil (163.4K units)
- India (115.9K units)
- Germany (73.0K units)
- Mexico (69.6K units)
- South Korea (62.0K units)
- United Kingdom (54.7K units)
- Turkey (53.6K units)
- Australia (53.0K units)
- Saudi Arabia (47.5K units)
- Vietnam (42.2K units)
- Canada (37.9K units)
Non-Self-Propelled Fork-Lift Truck Imports in China
In 2022, after two years of decline, there was significant growth in supplies from abroad of non-self-propelled fork-lift trucks, when their volume increased by 19% to 1.7K units. Overall, imports, however, showed a abrupt contraction. Over the period under review, imports hit record highs at 2.5K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-self-propelled fork-lift truck imports expanded slightly to $16M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 7.8% against the previous year. As a result, imports attained the peak of $17M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Non-Self-Propelled Fork-Lift Truck in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 2.3 | 5.6 | 4.7 | 4.9 | 28.7% |
Germany | 2.7 | 1.7 | 2.2 | 2.2 | -6.6% |
France | 0.3 | N/A | 0.4 | 1.5 | 71.0% |
United States | 1.4 | 1.4 | 0.5 | 1.3 | -2.4% |
Japan | 3.8 | 4.5 | 1.9 | 1.0 | -35.9% |
Sweden | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
South Korea | 1.0 | 1.0 | 0.7 | 0.4 | -26.3% |
Cambodia | 0.1 | N/A | N/A | N/A | 0% |
Others | 3.4 | 2.1 | 4.8 | 4.3 | 8.1% |
Total | 15.5 | 16.7 | 15.7 | 16.1 | 1.3% |
Top Suppliers of Non-Self-Propelled Fork-Lift Truck to China in 2022:
- Sweden (419.0 units)
- Japan (382.0 units)
- Germany (236.0 units)
- United States (140.0 units)
- Denmark (99.0 units)
- South Korea (91.0 units)
- France (54.0 units)
This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in China. 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 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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