Development of electric forklift in foreign countries

The booming of logistics industry has led the surrounding industry, and the forklift industry has been booming rapidly. Not only at home and abroad, the development of electric forklift is also fast.

However, because of the different national conditions and the fact that domestic sales are quite different from those in other countries, then let's take a look at the market situation of our electric forklift in overseas market.

China's electric forklift manufacturing industry has been out of the predicament of sales decline in the 4 quarter of 2009, and achieved full recovery in the domestic market in 2010.

In 2007, China's forklift sales reached 139 thousand vehicles, an increase of 30% over the previous year, and 47 thousand forklift trucks increased by 78% compared with the same period last year, and exports accounted for about 34% of sales. The contribution rate of export increments to sales growth reached 65%.

In 2007, the global sales of forklift trucks reached 907 thousand, up 10% from the same period. The consumption area is composed of the following regions: Europe accounts for about 40% of the world forklift market share, followed by North America (Canada and Canada) market, about 21%, China has a market share of over 11%, while Japan's share is no more than 10%, while the rest of the world's share is close to 16%.

Because China's electric forklift exports account for a relatively low proportion of overseas market, cost-effective advantages and export tax rebates, leading to the export impulse of domestic enterprises and other reasons, it is expected that China's Forklift export will continue to grow faster than before, and the compound growth rate will not be less than 30% before 2010. In the next 3 years, the annual growth rate of domestic forklift sales is expected to remain above 20%, and the dependence on the overseas market will be increased. Exports have become the main impetus for the growth of sales.