Subscribe to our free, weekly email newsletter!


MHI forecasts growth of material handling equipment orders of 5% to 6% for 2013

Material handling equipment new orders grew 7.2% in 2012 and are forecasted to grow 10% or more in 2014.
By Modern Materials Handling Staff
May 24, 2013

Material handling equipment new orders grew 7.2% in 2012 and are forecasted to grow 5.0% to 6.0% in 2013 and 10.0% or more in 2014, according to the latest Material Handling Equipment Manufacturing Forecast (MHEM) released by MHI.

“As the current US economic expansion shifts from capital expenditure driven to consumer-led, we anticipate modest, positive MHEM growth for 2013. Housing, automotive rebounds and expansion in industrial, warehouse and commercial buildings (over 69% 2014 - 2018) will contribute substantially to improved MHEM growth for 2014 and beyond,” says Hal Vandiver, MHI executive consultant.

In addition, material handling equipment shipments grew 9.8% in 2012 and are forecasted to grow 3.5% in 2013 and 9.1% in 2014. Domestic demand (shipments plus imports less exports) grew an 10.9% in 2012 and is estimated to grow 3.4% in 2013 and just over 9.5% in 2014.

MHEM Trade growth slowed by more than 50.0% in 2012 reflecting reduced US demand and serious problems in foreign markets. Import growth in 2012 was 17.9%, down from 37.7% in 2011. Export growth was 11.2% in 2012, down from 26.2% in 2011. MHEM Imports and Exports are expected to slow dramatically in 2013 and rebound modestly beginning mid-2014.

The MHEM forecast of material handling equipment manufacturing is released each quarter by MHIA and looks 12 to 18 months forward to anticipate changes in the material handling and logistics marketplace.

Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

MHEM forecasts 9% growth for 2015 and 7% growth in 2016.

Event marks the 70th anniversary of industry association and event organizer MHI.

Large consumer packaged goods customer approves 24-volt packs for use in Class III pallet jacks.

2015 programs established for five committees: Education, Marketing and Communications, Membership, Industry Affairs and Standards, and End User Advisory Committee.

With lower energy prices sparking domestic economic gains, coupled with solid manufacturing and industrial production activity, improving jobs numbers, and a GDP number that shows progress, there is much to be enthused about when it comes to the economy . But that enthusiasm needs to be tempered, because big headline themes seldom tell the full story.

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA