In 2023, Germany led the European sold production of fork-lift trucks with 48.05% of the share, experiencing a modest growth of 2.29% year-on-year. Italy, holding 22.98%, saw a sharp decline of 13.84%. Sweden's share increased by 8.17% to 14.36%. France and Spain showed noticeable growth in production shares, with increases of 53.84% and 10.82%, respectively. Conversely, Denmark and Macedonia faced declines, falling by 5.65% and 21.94%. The smallest players, Hungary, Macedonia, Bulgaria, and Slovakia, demonstrated significant volatility with substantial decreases in their shares.
Future trends to watch include Germany's continued dominance, potential recovery in Italy, and further growth in emerging markets like France and Spain. Innovations in automation and technological enhancements in forklifts could reshape production dynamics across European nations.
Top countries in Sold Production of Fork-Lift Trucks Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48.05 | 2023 | +9.88% | +2.29% | View data |
| 2 | 2 Italy | 22.98 | 2023 | -1.15% | -13.84% | View data |
| 3 | 3 Sweden | 14.36 | 2023 | -0.42% | +8.17% | View data |
| 4 | 4 France | 6.58 | 2023 | +3.91% | +53.84% | View data |
| 5 | 5 United Kingdom | 4.91 | 2023 | +3.43% | +0.25% | View data |
| 6 | 6 Denmark | 3.22 | 2023 | -4.04% | -5.65% | View data |
| 7 | 7 Finland | 2.44 | 2023 | +6.39% | +2.97% | View data |
| 8 | 8 Spain | 2.09 | 2023 | +0.62% | +10.82% | View data |
| 9 | 9 Czechia | 1.85 | 2023 | |||
| 10 | 10 Romania | 0.92 | 2023 | +6.94% | +5.3% | View data |
