Truck sales in overseas markets of high electric pallet truck growth contribution rate

In 2007, China forklift sales reached 139,000, an increase of 30%; export forklift 47,000, an increase of 78%, exports accounted for about 34% of sales; while exports incremental contribution to sales growth rate of 65%.
In 2007, global sales reached 907,000 trucks, an increase of 10%. Composition of consumption by region as follows: Europe accounted for the world truck market share of approximately 40%; followed pallet stacker by North America (USA + Canada) market, which is about 21%; Chinese market share has exceeded 11%; while Japan's share of no more than 10%; proportion to other parts of the world is close to 16%.
Our internal combustion counterbalanced forklift "internal combustion forklift trucks account for about 80 percent of sales, while global sales of electric forklift trucks accounted for more than 50%. This is because in the truck market in Europe, America, Japan, the electric forklift has become mainstream sake. due to lower our environmental shop cranes requirements, forklift jobs more frequently than the harsh operating environment and operating costs and other factors, over an extended period of China's demand will tend to use internal combustion forklift truck.
In the global truck market structure, Toyota and Linde ahead, the annual sales income over 5 billion U.S. dollars; while Ann fork and fork Hang rule the roost in the domestic truck market, the total market share of over 50%.
Market share of overseas exports accounted for in our truck is still low, highlighting the cost advantage and export tax rebates led to export impulse grounds, the next Chinese truck exports will maintain a rapid growth rate, by 2010, a CAGR of not less than 30 %. And the next three years, the annual growth rate of domestic truck sales are expected to remain above 20%, dependence on overseas markets will increase. Export sales growth has become the main propulsion.