From 2012 to 2022, the Fork-Lift Trucks market in Germany witnessed fluctuations with the market size values ranging between 1.3553 billion Euros to 1.8193 billion Euros. The highest year-on-year variation was observed in 2017 with an increase of 30.21%. Over the last five years, the market's Compound Annual Growth Rate (CAGR) was largely negative, with the latest figure at -2.28%. The period also saw significant dips in market value during 2015 and 2020 at -5.04% and -5.02%, respectively.
Future trends to watch for in the Fork-Lift Trucks market include advancements in automation and electric vehicles, which are expected to drive market growth. Additionally, the push for sustainability and the adoption of greener technologies will likely influence market dynamics positively.
How does Germany rank in Fork-Lift Trucks Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,771,600,000 | 2023 | +1.96% | +0.4% | |
| 2 | 2 Poland | 515,310,000 | 2023 | +4.88% | +4.14% | View data |
| 3 | 3 Hungary | 216,950,000 | 2023 | +4.47% | +3.55% | View data |
| 4 | 4 Denmark | 169,060,000 | 2023 | +3.73% | -0.84% | View data |
| 5 | 5 Slovakia | 85,943,000 | 2023 | +3.15% | +1.44% | View data |