In line with a moderate improvement of the international economic environment, the global industrial truck market remained stable at 247,900 units in Q1/2013 – the same high level seen in the prior year period. This also marked an increase of 8.4% over Q4/2012 and potentially demonstrated some improvement in the market since the start of the year. However, developments in regional markets remained very different. The markets in North America and Central & South America increased by 9.6% and 17.8% respectively, as demand continued to pick up. The Eastern European market was up by 8.0% backed by strong demand in Russia. Renewed uncertainty and postponed investments impacted demand in Western Europe with the market remaining 5.7% below the previous year period. However local markets have seen some improvement from a slow start. The Chinese market continued to recover, but fell with 60,200 units ordered in Q1/2013 slightly short against its level of 60,900 units in Q1/2012.
|
Global Industrial Truck Market (order intake) | |||||
|
in thousand units |
Q1 |
Q1 |
Change | ||
| |||||
|
|
|
|
| ||
|
Western Europe |
67.7 |
71.8 |
-5.7% | ||
|
Eastern Europe |
15.0 |
13.9 |
8.0% | ||
|
China |
60.2 |
60.9 |
-1.2% | ||
|
Rest of Asia |
35.6 |
37.3 |
-4.4% | ||
|
North America |
46.1 |
42.1 |
9.6% | ||
|
Central & South America |
13.2 |
11.2 |
17.8% | ||
|
Rest of World |
10.0 |
9.5 |
5.2% | ||
|
World |
247.9 |
246.7 |
0.5% | ||