In 2023, Germany's import of trucks with lifting equipment was valued at approximately USD 1.15 billion. The forecasts indicate a steady annual increase, reaching USD 1.303 billion by 2028. This marks a gradual and sustained growth pattern, with year-on-year increases ranging from 2.7% to 3.6%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to average around 2.5%, highlighting consistent demand.

Future trends to watch include:

Advancements in lifting technology which may affect market dynamics and demand.
Regulatory changes in emissions standards that could influence import preferences.
Economic factors within the EU that might impact import volumes and value.