Czech Republic: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in the Czech Republic

After three years of decline, the Czech market for buckets, shovels, grabs and grips for ships’ derricks and cranes increased by 15% to $X in 2022. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in the Czech Republic

In value terms, ship derrick buckets and shovels production dropped significantly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 145%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports from the Czech Republic

In 2022, the amount of buckets, shovels, grabs and grips for ships’ derricks and cranes exported from the Czech Republic declined slightly to X units, waning by -2.6% against 2021 figures. Over the period under review, exports, however, showed a tangible increase. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. As a result, the exports reached the peak of X units, and then fell in the following year.

In value terms, ship derrick buckets and shovels exports stood at $X in 2022. In general, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 84% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Austria (X units) was the main destination for ship derrick buckets and shovels exports from the Czech Republic, accounting for a 43% share of total exports. Moreover, ship derrick buckets and shovels exports to Austria exceeded the volume sent to the second major destination, Germany (X units), fivefold. Slovakia (X units) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria totaled +21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-13.4% per year) and Slovakia (+14.6% per year).

In value terms, Austria ($X) remains the key foreign market for buckets, shovels, grabs and grips for ships’ derricks and cranes exports from the Czech Republic, comprising 44% of total exports. The second position in the ranking was taken by Slovakia ($X), with an 8.7% share of total exports. It was followed by Germany, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria stood at +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+15.0% per year) and Germany (-7.6% per year).

Export Prices by Country

In 2022, the average export price for buckets, shovels, grabs and grips for ships’ derricks and cranes amounted to $X per unit, surging by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The pace of growth was the most pronounced in 2013 an increase of 12%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports into the Czech Republic

In 2022, approx. X units of buckets, shovels, grabs and grips for ships’ derricks and cranes were imported into the Czech Republic; with an increase of 10% on the previous year. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, ship derrick buckets and shovels imports surged to $X in 2022. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Poland (X units), Italy (X units) and the UK (X units) were the main suppliers of ship derrick buckets and shovels imports to the Czech Republic, with a combined 59% share of total imports. These countries were followed by Belgium, Germany, the United States, the Netherlands, China, Japan, France, Austria and Slovakia, which together accounted for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +75.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ship derrick buckets and shovels suppliers to the Czech Republic were Italy ($X), Poland ($X) and Germany ($X), together accounting for 47% of total imports. These countries were followed by the Netherlands, the UK, Belgium, Japan, the United States, Austria, France, China and Slovakia, which together accounted for a further 44%.

Belgium, with a CAGR of +66.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for buckets, shovels, grabs and grips for ships’ derricks and cranes amounted to $X per unit, growing by 6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2013 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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