The import of non-powered trucks with lifting or handling equipment to France is forecasted to grow steadily from 2024 through 2028. In 2023, the base value of imports stood at USD 90 million. From 2024, the import values are projected to increase annually, with growth percentages as follows: 1.37% in 2024, 1.37% in 2025, 1.32% in 2026, 1.28% in 2027, and 1.24% in 2028. This demonstrates a stable annual growth rate, averaging a 1.32% compound annual growth rate (CAGR) over the five-year forecast period.
Future trends to watch for:
- Potential shifts in global trade policies that could impact import costs.
- Technological advancements that might lead to a decrease in demand for non-powered equipment.
- Changes in domestic manufacturing that could alter import needs.