The 2023 data for European sold production of fork-lift trucks by country reveals Germany leading with 52.84% market share, followed by Italy and France at 20% and 14.05%, respectively. Sweden, the UK, and Finland contribute smaller shares, with year-on-year changes indicating significant growth in France at 47.83%, while the UK sees a decline of 4.75%. Smaller countries like Croatia and Lithuania experience notable increases, though their market shares remain minimal.
Future trends to watch:
- Continued stronghold of Germany in the market, maintaining competitive manufacturing capabilities.
- Potential growth in France's production share, given its marked increase in the previous year.
- Monitor any strategic shifts or policy changes affecting the UK’s fork-lift truck production following its recent decline.
- Strengthening production capabilities in emerging markets like Croatia and Lithuania could diversify traditional production landscapes in Europe.
Top countries in Sold Production of Fork-Lift Trucks Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52.84 | 2023 | +8.71% | +2.4% | View data |
| 2 | 2 Italy | 20 | 2023 | +9.91% | +3.37% | View data |
| 3 | 3 France | 14.05 | 2023 | +3.83% | +47.83% | View data |
| 4 | 4 Sweden | 11.12 | 2023 | +3.06% | +3.54% | View data |
| 5 | 5 United Kingdom | 4.84 | 2023 | -1.47% | -4.75% | View data |
| 6 | 6 Finland | 2.04 | 2023 | +8.03% | +3.88% | View data |
| 7 | 7 Spain | 1.87 | 2023 | +3.46% | +13.18% | View data |
| 8 | 8 Denmark | 0.49 | 2023 | -0.36% | +2.59% | View data |
| 9 | 9 Romania | 0.12 | 2023 | +6.93% | +4.87% | View data |
| 10 | 10 Czechia | 0.054 | 2023 |
