| Product Code: ETC5871542 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Brunei forklift import shipments saw a significant increase in concentration in 2024, with top exporting countries being Ireland, Japan, China, Malaysia, and the United States of America. The high Herfindahl-Hirschman Index (HHI) in 2023 intensified in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 37.7%, with a slight growth rate of 1.4% from 2023 to 2024. This data suggests a dynamic market environment with continued strong growth potential in the forklift import sector in Brunei.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brunei Forklift Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei Forklift Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei Forklift Market - Industry Life Cycle |
3.4 Brunei Forklift Market - Porter's Five Forces |
3.5 Brunei Forklift Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.6 Brunei Forklift Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Brunei Forklift Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
4 Brunei Forklift Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities and infrastructure development in Brunei leading to higher demand for forklifts |
4.2.2 Growing adoption of technology and automation in warehouses and logistics sectors |
4.2.3 Government initiatives and investments to boost the overall industrial sector in Brunei |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with forklifts |
4.3.2 Limited availability of skilled forklift operators in Brunei |
4.3.3 Impact of economic fluctuations and uncertainties on the industrial sector |
5 Brunei Forklift Market Trends |
6 Brunei Forklift Market Segmentations |
6.1 Brunei Forklift Market, By Class |
6.1.1 Overview and Analysis |
6.1.2 Brunei Forklift Market Revenues & Volume, By Class 1, 2021-2031F |
6.1.3 Brunei Forklift Market Revenues & Volume, By 2, 2021-2031F |
6.1.4 Brunei Forklift Market Revenues & Volume, By 3, 2021-2031F |
6.1.5 Brunei Forklift Market Revenues & Volume, By 4/5, 2021-2031F |
6.2 Brunei Forklift Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Brunei Forklift Market Revenues & Volume, By Electric, 2021-2031F |
6.2.3 Brunei Forklift Market Revenues & Volume, By ICE, 2021-2031F |
6.3 Brunei Forklift Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Brunei Forklift Market Revenues & Volume, By Li-Ion, 2021-2031F |
6.3.3 Brunei Forklift Market Revenues & Volume, By Lead Acid, 2021-2031F |
7 Brunei Forklift Market Import-Export Trade Statistics |
7.1 Brunei Forklift Market Export to Major Countries |
7.2 Brunei Forklift Market Imports from Major Countries |
8 Brunei Forklift Market Key Performance Indicators |
8.1 Average utilization rate of forklifts in Brunei |
8.2 Rate of adoption of electric or eco-friendly forklift models in the market |
8.3 Number of forklift training and certification programs conducted in Brunei |
8.4 Frequency of maintenance and servicing of forklifts in the market |
8.5 Efficiency and productivity improvements achieved by companies using forklifts |
9 Brunei Forklift Market - Opportunity Assessment |
9.1 Brunei Forklift Market Opportunity Assessment, By Class, 2021 & 2031F |
9.2 Brunei Forklift Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Brunei Forklift Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
10 Brunei Forklift Market - Competitive Landscape |
10.1 Brunei Forklift Market Revenue Share, By Companies, 2024 |
10.2 Brunei Forklift Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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