Vietnam Forklift Import Research Report 2024-2033

Description

Vietnam Forklift Import

Forklifts are engineering machinery primarily used for the short-distance lifting and moving of materials. Their main functions include lifting, transporting, and stacking various goods and materials, significantly improving handling efficiency and reducing labor intensity. The primary downstream industries using forklifts are logistics and warehousing, manufacturing, construction, and ports. In the logistics and warehousing sector, forklifts are used for moving and stacking goods. In manufacturing, they are used for material handling and supporting production lines. In construction, forklifts transport building materials, while ports use them for loading and unloading containers and bulk cargo.

There are various types of forklifts, mainly including internal combustion forklifts, electric forklifts, and warehouse forklifts.

Globally and in the Asia-Pacific region, the major exporters of forklifts include Toyota Industries, Mitsubishi Heavy Industries, Komatsu, KION Group, and Linde Material Handling.

In Vietnam, the demand for forklifts has been growing steadily with the rapid economic development and industrialization. According to CRI, the logistics, warehousing, and manufacturing sectors in Vietnam have a particularly strong demand for forklifts. However, the domestic production capacity is relatively lagging, unable to meet local demand in Vietnam. Therefore, the Vietnamese forklift market relies heavily on imported products to satisfy the increasing needs. In recent years, Vietnam has imported a large number of forklifts from Japan, China, South Korea, and Europe, including many second-hand forklifts, to support the development of its local logistics and manufacturing industries.

Forklifts play a crucial role in enhancing logistics efficiency and reducing labor costs. With the accelerated industrialization and modernization in Vietnam, the forklift market has promising prospects, and the demand will continue to grow. According to CRI data, the import value of forklifts in Vietnam reached nearly US$ 180 million in 2023. From January to May 2024, the import value of forklifts in Vietnam was already close to US$ 80 million, indicating a continuously increasing market demand.

The analysis of CRI indicates that from 2021 to 2024, the main sources of forklift imports in Vietnam include China, Japan, and Singapore. Major companies exporting forklifts to Vietnam include UMW Equipment & Engineering Pte Ltd., Anhui Heli Industrial Vehicle Import and Export Co., Ltd., and Mitsubishi Logisnext Asia Pacific Pte. Ltd. There are many manufacturers and import-export traders involved, with a growing number of Chinese exports to Vietnam in recent years.

The primary importers of forklifts in Vietnam are construction, warehousing, and logistics-related engineering vehicle dealers. According to CRI, these importers include both local and foreign enterprises such as Binh Minh Forklift Co., Ltd., UMW Vietnam, and Thien Son Forklift.

Overall, with the growth of Vietnam’s population, industrial development, and ongoing urbanization, the demand for forklifts in Vietnam will continue to increase. CRI forecasts that in the coming years, the import of forklifts in Vietnam is expected to maintain a growth trend, which will play an important role in stabilizing and growing Vietnam’s industry.

 

Topics covered:

• The Import and Export of Forklift in Vietnam (2021-2024)
• Total Import Volume and Percentage Change of Forklift in Vietnam (2021-2024)
• Total Import Value and Percentage Change of Forklift in Vietnam (2021-2024)
• Total Import Volume and Percentage Change of Forklift in Vietnam (January-May 2024)
• Total Import Value and Percentage Change of Forklift in Vietnam (January-May 2024)
• Average Import Price of Forklift in Vietnam (2021-2024)
• Top 10 Sources of Forklift Imports in Vietnam and Their Supply Volume
• Top 10 Suppliers in the Import Market of Forklift in Vietnam and Their Supply Volume
• Top 10 Importers of Forklift in Vietnam and Their Import Volume
• How to Find Distributors and End Users of Forklift in Vietnam
• How Foreign Enterprises Enter the Forklift Market of Vietnam
• Forecast for the Import of Forklift in Vietnam (2024-2033)

 

Table of Contents

1 Overview of Vietnam

1.1 Geography of Vietnam

1.2 Economic Condition of Vietnam

1.3 Demographics of Vietnam

1.4 Domestic Market of Vietnam

1.5 Recommendations for Foreign Enterprises Entering the Vietnam Industrial Vehicles Market

 

2 Analysis of Forklift Imports in Vietnam (2021-2024)

2.1 Import Scale of Forklift in Vietnam

2.1.1 Import Value and Volume of Forklift in Vietnam

2.1.2 Import Prices of Forklift in Vietnam

2.1.3 Apparent Consumption of Forklift in Vietnam

2.1.4 Import Dependency of Forklift in Vietnam

2.2 Major Sources of Forklift Imports in Vietnam

 

3 Analysis of Major Sources of Forklift Imports in Vietnam (2021-2024)

3.1 China

3.1.1 Analysis of Import Value and Volume

3.1.2 Analysis of Average Import Price

3.2 Japan

3.2.1 Analysis of Import Value and Volume

3.2.2 Analysis of Average Import Price

3.3 Singapore

3.3.1 Analysis of Import Value and Volume

3.3.2 Analysis of Average Import Price

3.4 Hong Kong

3.5 South Korea

3.6 Germany

 

4 Analysis of Major Suppliers in the Import Market of Forklift in Vietnam (2021-2024)

4.1 UMW EQUIPMENT & ENGINEERING PTE LTD.

4.1.1 Company Introduction

4.1.2 Analysis of Forklift Exports to Vietnam

4.2 ANHUI HELI INDUSTRIAL VEHICLE IMPORT AND EXPORT CO., LTD.

4.2.1 Company Introduction

4.2.2 Analysis of Forklift Exports to Vietnam

4.3 MITSUBISHI LOGISNEXT ASIA PACIFIC PTE. LTD.

4.3.1 Company Introduction

4.3.2 Analysis of Forklift Exports to Vietnam

4.4 Exporter 4

4.4.1 Company Introduction

4.4.2 Analysis of Forklift Exports to Vietnam

4.5 Exporter 5

4.5.1 Company Introduction

4.5.2 Analysis of Forklift Exports to Vietnam

4.6 Exporter 6

4.6.1 Company Introduction

4.6.2 Analysis of Forklift Exports to Vietnam

4.7 Exporter 7

4.7.1 Company Introduction

4.7.2 Analysis of Forklift Exports to Vietnam

4.8 Exporter 8

4.8.1 Company Introduction

4.8.2 Analysis of Forklift Exports to Vietnam

4.9 Exporter 9

4.9.1 Company Introduction

4.9.2 Analysis of Forklift Exports to Vietnam

4.10 Exporter 10

4.10.1 Company Introduction

4.10.2 Analysis of Forklift Exports to Vietnam

 

5 Analysis of Major Importers in the Import Market of Forklift in Vietnam (2021-2024)

5.1 BINH MINH FORKLIFT CO, LTD

5.1.1 Company Introduction

5.1.2 Analysis of Forklift Imports

5.2 UMW VIETNAM

5.2.1 Company Introduction

5.2.2 Analysis of Forklift Imports

5.3 THIEN SON FORKLIFT

5.3.1 Company Introduction

5.3.2 Analysis of Forklift Imports

5.4 Importer 4

5.4.1 Company Introduction

5.4.2 Analysis of Forklift Imports

5.5 Importer 5

5.5.1 Company Introduction

5.5.2 Analysis of Forklift Imports

5.6 Importer 6

5.6.1 Company Introduction

5.6.2 Analysis of Forklift Imports

5.7 Importer 7

5.7.1 Company Introduction

5.7.2 Analysis of Forklift Imports

5.8 Importer 8

5.8.1 Company Introduction

5.8.2 Analysis of Forklift Imports

5.9 Importer 9

5.9.1 Company Introduction

5.9.2 Analysis of Forklift Imports

5.10 Importer 10

5.10.1 Company Introduction

5.10.2 Analysis of Forklift Imports

 

6. Monthly Analysis of Forklift Imports in Vietnam from 2021 to 2024

6.1 Analysis of Monthly Import Value and Volume

6.2 Forecast of Monthly Average Import Prices

 

7. Key Factors Affecting Forklift Imports in Vietnam

7.1 Policy

7.1.1 Current Import Policies

7.1.2 Trend Predictions for Import Policies

7.2 Economic

7.2.1 Market Prices

7.2.2 Growth Trends of Forklift Production Capacity in Vietnam

7.3 Technology

 

8. Forecast for the Import of Forklift in Vietnam, 2024-2033

 

 

List of Charts

Chart 2021-2024 Import Value and Volume of Forklift in Vietnam

Chart 2021-2024 Average Import Price of Forklift in Vietnam

Chart 2021-2024 Import Dependency of Forklift in Vietnam

Chart Top 10 Import Sources of Forklift in Vietnam (2021-2024)

Chart Top 10 Import Sources of Forklift in Vietnam (2022)

Chart Top 10 Import Sources of Forklift in Vietnam (2023)

Chart Top 10 Import Sources of Forklift in Vietnam (2024)

Chart Top 10 Suppliers of Forklift Imports in Vietnam (2021-2024)

Chart Top 10 Suppliers of Forklift Imports in Vietnam (2022)

Chart Top 10 Suppliers of Forklift Imports in Vietnam (2023)

Chart Top 10 Suppliers of Forklift Imports in Vietnam (2024)

Chart Value and Volume of Forklift Imported from China to Vietnam (2021-2024)

Chart Value and Volume of Forklift Imported from Hong Kong to Vietnam (2021-2024)

Chart Value and Volume of Forklift Imported from Japan to Vietnam (2021-2024)

Chart Value and Volume of Forklift Imported from Singapore to Vietnam (2021-2024)

Chart Top 10 Importers of Forklift in Vietnam (2021-2024)

Chart Top 10 Importers of Forklift in Vietnam (2022)

Chart Top 10 Importers of Forklift in Vietnam (2023)

Chart Top 10 Importers of Forklift in Vietnam (2024)

Chart Forecast for the Import of Forklift in Vietnam (2024-2033)