The forecasted sold production of lifting and handling equipment in Germany stands at 1.3038 million items in 2024, marking the beginning of a downward trend over the next five years. By 2028, the production is expected to decrease to 1.2068 million items. When calculating the year-on-year variation from 2024 to 2025, there is a decline of approximately 1.98%, followed by similar downward trends in subsequent years. Over the five-year period, this illustrates an average annual decrease of around 1.9%. For reference, the actual value in 2023 was slightly higher than the forecasted data for 2024, underscoring this downward trend.
Future trends to watch for include potential technological advancements that may influence production efficiency or output, changes in demand from key industries such as logistics and construction, and the impact of economic policies or trade relations, particularly within the EU. Monitoring these factors will be crucial in understanding and anticipating further shifts in the market.
