The European import market for fork-lift trucks and similar equipment in 2023 saw Germany leading with a predominant share of 18.69%, followed by France at 13.22% and Spain at 11.01%. Noteworthy growth was observed in Greece and Luxembourg, with increases of 33.32% and 24.7%, respectively. Declines were evident in Spain and the United Kingdom, observing drops of 10.84% and 8.79%. Despite these variations, the average compound annual growth rate over the last five years indicates stable demand across the region, with consistent interest in importing such equipment.
Looking ahead, the market is expected to experience increased competition, with emerging markets potentially increasing their share. Technological advancements and sustainability trends may drive further innovation and influence import trends. Therefore, countries should focus on modernizing their fleet to maintain competitiveness.
Top countries in Import of Fork-Lift Trucks and Other Works Trucks Fitted with Lifting or Handling Equipment Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18.69 | 2023 | +8.27% | +0.6% | View data |
| 2 | 2 France | 13.22 | 2023 | +12.9% | +1.66% | View data |
| 3 | 3 Spain | 11.01 | 2023 | +3.38% | -10.84% | View data |
| 4 | 4 Netherlands | 9.34 | 2023 | +2.89% | +7.93% | View data |
| 5 | 5 Belgium | 8.07 | 2023 | +13.87% | +3.13% | View data |
| 6 | 6 Italy | 6.02 | 2023 | +4.42% | +0.095% | View data |
| 7 | 7 United Kingdom | 5.92 | 2023 | -3.45% | -8.79% | View data |
| 8 | 8 Poland | 5.44 | 2023 | +2.2% | +1.19% | View data |
| 9 | 9 Sweden | 3.68 | 2023 | +4.1% | +2.93% | View data |
| 10 | 10 Greece | 3.37 | 2023 | +22.7% | +33.32% | View data |
