The European export market for forklift trucks and other works trucks fitted with lifting or handling equipment shows Sweden as the dominant player with a 42.1% share in 2024, despite a slight decline of 3.4% from the previous year. The Netherlands and Italy follow, with contrasting trends noted in Italy’s 2023 decline compared to the Netherland's robust growth. Germany, a historically significant exporter, holds only a 2.52% share with a slight decrease from last year. Other countries with notable growth include Ireland and Poland.
Future trends to watch include the potential for recovering markets in France and Belgium, given their 2023 declines. Additionally, the disappearance of Cyprus and Malta from the market raises questions about smaller players' capability to sustain market participation. Watch for the influence of technological advancement and eco-friendly innovations impacting demand and exports in this sector.
Top countries in Export of Fork-Lift Trucks and Other Works Trucks Fitted with Lifting or Handling Equipment Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 42.1 | 2023 | +5.35% | -0.034% | View data |
| 2 | 2 Netherlands | 16.04 | 2023 | +7.85% | +13.8% | View data |
| 3 | 3 Italy | 15.64 | 2023 | -53.65% | -9.95% | View data |
| 4 | 4 Belgium | 10.06 | 2023 | +1.97% | -5.01% | View data |
| 5 | 5 Poland | 3.06 | 2023 | +2.11% | +5.41% | View data |
| 6 | 6 Germany | 2.52 | 2023 | -20.33% | -1.17% | View data |
| 7 | 7 Denmark | 2.22 | 2023 | -33% | -8.68% | View data |
| 8 | 8 Slovenia | 1.04 | 2023 | +3.64% | +2.27% | View data |
| 9 | 9 Ireland | 0.99 | 2023 | +11.96% | +8.15% | View data |
| 10 | 10 Czechia | 0.94 | 2023 |
