In 2023, the import of self-propelled work trucks to the UK, excluding lift trucks, stood at an estimated $65.0 million. The forecast for 2024 is $66.918 million, marking a 2.95% increase. From 2025 to 2028, imports are projected to rise progressively, with annual growth rates hovering around 2.5% to 2.8%, leading to $73.511 million by 2028. This suggests a compound annual growth rate (CAGR) of approximately 2.5% over the forecast period.
Future trends to watch for include potential shifts in regulations regarding diesel and electric vehicles, technological advancements in automation, and economic factors impacting industrial demand, which could all influence the pace and volume of imports.
