World industrial market grew in 2011

News Story
- 12 Jul 2012 ( #573 ) - Frankfurt, Germany
1 min read
Orders for industrial trucks worldwide grew 22.7% in 2011, according to the just-released World Industrial Truck Statistics information sheet, giving an overview of figures for last year.

On the American continent, orders leapt 24.1% from 181,060 units in 2010 to 224,773 units in 2011. In Europe, orders grew 23.6% from 267,436 units to 330,616 units. In Asia, orders swelled 20.4% from 315,449 units to 379, 969 units. In Africa, orders expanded 13.2% from 15,534 units to 17,587 units, while in Oceania, orders grew 44.8% from 14,963 units to 21,677 units.

The total worldwide orders were 974,582 units in 2011, compared to 794,452 units the year before.

World Industrial Truck Statistics is a worldwide statistical reporting program that tracks orders and shipments of industrial trucks. Six trade groups consisting of Associacao Brasileira de la Maquinas e Equipamentos of Brazil, China Industrial Truck Association of China, European Federation of Materials Handling of Europe, Industrial Truck Association of North America, Japanese Industrial Vehicles Association of Japan and Korean Construction Equipment Manufacturers Association of South Korea, report monthly and quarterly statistics on forklifts to produce the reports.

WITS reports are exclusive to the membership of the participating associations, but a worldwide summary by continent is made available annually to the public.
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Inside The News
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