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Akodi Intelligent Robot Technology Co., LTD
BITA secretary-general James Clark says: "Despite the uncertain economic environment, forklift sales have continued their recovery from the downturn seen during H2 of 2016, particularly in the retail distribution and manufacturing sectors."
However, the positive picture for construction sales at the beginning of the year, which had shown a 26% increase in annualised sales compared with 2016, has subsided. The latest figures point to a 3.4% reduction on the previous year`s deliveries. This mirrors the contraction in the construction sector over the last two consecutive quarters.
Retail distribution remains a major growth area, and the dip registered in 2016 has since been replaced by a strong recovery, with sales up 40% on last year. However, manufacturing remains the largest single sector user of industrial trucks, making up almost a third (32%) of sales.
Commenting on the role of forklifts within the UK economy, Clark adds: "Despite the continuing uncertainties around the economy and growth forecasts over the next three years, forklifts continue to be in demand, fulfilling their role as enablers of business expansion and supporters of the UK economy."
Source: Forklift Action
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