UK MARKET RECOVERS FROM SHAKY 2001

News Story
- 10 Apr 2003 ( #102 ) - SUNNINGHILL, United Kingdom
1 min read
The United Kingdom forklift industry has recovered well from the market downturn and bleak outlook of 2001, with strong orders in the third and fourth quarters of 2002, says the British Industrial Truck Association (BITA).

BITA's 2002 report showed the strength of the recovery was such that almost 27,500 forklift orders were placed with principal suppliers during the year, the highest volume ever recorded. About 26,000 orders were recorded in 2001. The previous record year was 2000, with 27,000 units ordered.

Market growth was stronger for counterbalance forklifts, at nine percent, than warehouse trucks, which increased one percent over 2001. More than 15,600 counterbalance forklifts were ordered in 2002, another volume record.

Last year was a record year for LPG-powered counterbalance forklifts, BITA said, with orders exceeding 5,000 units for the first time. LPG forklifts were almost 33 percent of all counterbalance forklifts sold.

Reach trucks also enjoyed a record year, with more than 3,000 orders placed for the first time.

"With a buoyant market, the United Kingdom forklift industry can look forward to 2003 with confidence," the report said.
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ATEX MIRETTI GROUP
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Lawrence Xu, Assistant Sales Manager

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Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

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In some industrial environments, such as semiconductor manufacturing plants and facilities in which electronic waste and batteries are recycled, there is a heightened risk of fire or even explosions... Continue reading

PREMIUM business

ATEX MIRETTI GROUP
Miretti Explosion Proof Systems for Material Handling: for over 50 years, "Ex Atex Safety in Explosive & Hazardous Areas".

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

ATEX MIRETTI GROUP
Miretti Explosion Proof Systems for Material Handling: for over 50 years, "Ex Atex Safety in Explosive & Hazardous Areas".

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com