Czech Republic: Crawler Tractor Market 2024

Crawler Tractor Market Size in the Czech Republic

The Czech crawler tractor market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a abrupt decrease. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Crawler Tractor Production in the Czech Republic

In value terms, crawler tractor production surged to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt downturn. Crawler tractor production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Crawler Tractor Exports

Exports from the Czech Republic

In 2021, overseas shipments of crawler tractors increased by 16% to X units, rising for the second year in a row after two years of decline. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 283%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, crawler tractor exports surged to $X in 2021. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 86%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X units), Ukraine (X units) and Slovakia (X units) were the main destinations of crawler tractor exports from the Czech Republic, together accounting for 76% of total exports. Moreover, crawler tractor exports in Poland exceeded the figures recorded by the second-largest exporter, Ukraine, twofold.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +51.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) emerged as the key foreign market for crawler tractors exports from the Czech Republic, comprising 46% of total exports. The second position in the ranking was taken by Poland ($X), with a 19% share of total exports. It was followed by Ukraine, with a 19% share.

From 2012 to 2021, the average annual growth rate of value to Slovakia stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+285.4% per year) and Ukraine (+119.3% per year).

Export Prices by Country

The average crawler tractor export price stood at $X per unit in 2021, rising by 6.4% against the previous year. Over the period under review, the export price, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 366% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+41.1%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Tractor Imports

Imports into the Czech Republic

In 2021, imports of crawler tractors into the Czech Republic contracted rapidly to X units, with a decrease of -28.3% on 2020 figures. In general, imports, however, posted a moderate increase. The pace of growth appeared the most rapid in 2015 with an increase of 102% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, crawler tractor imports contracted to $X in 2021. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by 85%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X units), the United States (X units) and Germany (X units) were the main suppliers of crawler tractor imports to the Czech Republic, together comprising 80% of total imports. These countries were followed by Russia, Italy and France, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +123.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the United States ($X) and Germany ($X) were the largest crawler tractor suppliers to the Czech Republic, together comprising 90% of total imports. These countries were followed by Italy, France and Russia, which together accounted for a further 7.6%.

Russia, with a CAGR of +376.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average crawler tractor import price stood at $X per unit in 2021, jumping by 26% against the previous year. Overall, the import price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 32%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+125.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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