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Analysis of import and export of forklift products from January to March 2020

May 07, 2020

According to the statistics of the Industrial Vehicle Branch of the China Construction Machinery Industry Association, sales of 73,694 units of forklifts in March 2020, an increase of 1,324 units, an increase of 1.83%; of which: domestic companies sold 67,608 units in the month, an increase of 1911 units, an increase of 2.91%; foreign company sales in the month 6086 units, a year-on-year decrease of 587 units, down 8.8%. In March, 33,185 electric forklifts were sold, an increase of 2,735 units or 8.98% year-on-year; internal combustion forklift sales were 40,509 units, a decrease of 1,411 units and a decrease of 3.37%. Electric forklifts account for 45%.


From January to March 2020, cumulative sales of 127,799 forklifts, a decrease of 25,180 units and a decrease of 16.5% year-on-year; of which: domestic companies cumulatively sold 116,646 units, a decrease of 20074 units and a decrease of 14.7%; cumulative sales of foreign companies were 11,153 units, a decrease of 5106 units and Decreased by 31.4%; cumulative sales of electric forklifts were 61,947 units, a year-on-year decrease of 5,703 units, a decrease of 8.43%; electric forklifts accounted for 48.5%, and cumulative sales of internal combustion forklifts were 65,852 units, a year-on-year decrease of 19,477 units, down

22.8%.


In March, sales of forklifts reached 56,370 units, a year-on-year decrease of 3,021 units, down 5.09%. From January to March, the cumulative domestic sales reached 92,621 units, a year-on-year decrease of 21.1%.


In March, 17,324 forklift exports accounted for 23.5% of the total sales volume for the month, an increase of 4,345 units and an increase of 33.5%. Among them, 12,163 units of electric forklifts were exported in the month, an increase of 4190 units, an increase of 52.6%; 5161 units of internal combustion forklifts were exported, an increase of 155 units, an increase of 3.1%. Electric forklift exports accounted for 70.2%.


From January to March, the cumulative export of forklifts was 35,178 units, accounting for 27.5% of the total sales volume, a year-on-year decrease of 436 units, a decrease of 1.22%. Among them, the cumulative export of electric forklifts was 24,684 units, an increase of 1,618 units, an increase of 7.01%; the cumulative export of electric forklifts accounted for 70.2%, and the cumulative export of internal combustion forklifts was 10,494 units, a decrease of 2054 units, a decrease of 16.4%.