In 2023, Germany led the global export of electrically powered work trucks, contributing a significant share to the market. France and China also gained momentum with their exports, exhibiting nearly 4% growth each. Notably, Poland showed an impressive surge of nearly 17%, indicating rapid development in this sector. Conversely, the United States experienced a slight decline, while the United Kingdom and Switzerland faced double-digit downturns. Brazil and Thailand also recorded minor decreases. On the other hand, Fiji and Portugal showcased remarkable growth, albeit from smaller bases, underscoring potential emerging markets.
Future trends to watch include Germany's continued leadership and France and China's expanding influence. The United States might face increased competition as Asian and European markets grow. The rise of technological advancements and green policies could further influence the distribution in favor of regions prioritizing sustainability and innovation in electric work truck technology.
Top countries in Export of Work Trucks Electrically Powered Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.01 | 2023 | +4.3% | +3.65% | View data |
| 2 | 2 United States | 14.3 | 2023 | -0.23% | -0.92% | View data |
| 3 | 3 France | 14.13 | 2023 | +3.74% | +3.8% | View data |
| 4 | 4 China | 10.41 | 2023 | +4.66% | +3.9% | View data |
| 5 | 5 Japan | 7.22 | 2023 | +2.59% | +6.47% | View data |
| 6 | 6 Italy | 7.1 | 2023 | +4.92% | +2.53% | View data |
| 7 | 7 Canada | 5.91 | 2023 | +3.89% | +5.42% | View data |
| 8 | 8 Spain | 5.63 | 2023 | +5.71% | +4.47% | View data |
| 9 | 9 Belgium | 2.93 | 2023 | +6.11% | +1.22% | View data |
| 10 | 10 Netherlands | 2.41 | 2023 | +2.87% | +3.11% | View data |