The import of parts of fork-lift trucks to China is anticipated to see a steady increase from 2024 through 2028, based on the forecast data. In 2023, imports stood at an estimated baseline of 22.8 million kilograms. Year-on-year growth is projected, with imports increasing by about 2.58% in 2025, 2.45% in 2026, 2.35% in 2027, and 2.24% in 2028. The compound annual growth rate over this period is expected to be approximately 2.43%.

Future trends to watch for include:

Industry and technological advancements in fork-lift truck manufacturing affecting parts demand.
China’s economic policies impacting import regulations and tariffs, potentially affecting costs and volumes.
Growth in e-commerce and logistics sectors driving demand for warehouse and material handling equipment.