Czech Republic: Dairy Machinery Market 2024

Dairy Machinery Market Size in the Czech Republic

In 2022, the Czech dairy machinery market decreased by -14.2% to $X, falling for the second year in a row after five years of growth. Overall, consumption recorded a sharp reduction. Dairy machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Dairy Machinery Production in the Czech Republic

In value terms, dairy machinery production rose to $X in 2022 estimated in export price. Overall, production, however, recorded a slight decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by 100%. Dairy machinery production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Dairy Machinery Exports

Exports from the Czech Republic

Dairy machinery exports from the Czech Republic declined significantly to X units in 2022, shrinking by -60.4% compared with 2021 figures. Over the period under review, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 313%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dairy machinery exports declined sharply to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 357%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Slovakia (X units) was the main destination for dairy machinery exports from the Czech Republic, accounting for a 88% share of total exports. Moreover, dairy machinery exports to Slovakia exceeded the volume sent to the second major destination, Turkey (X units), more than tenfold. The third position in this ranking was taken by Belarus (X units), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia totaled +67.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+87.2% per year) and Belarus (-25.1% per year).

In value terms, Slovakia ($X) remains the key foreign market for dairy machinery exports from the Czech Republic, comprising 86% of total exports. The second position in the ranking was taken by Turkey ($X), with a 7% share of total exports. It was followed by Belarus, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia stood at +67.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+155.0% per year) and Belarus (-19.6% per year).

Export Prices by Country

The average dairy machinery export price stood at $X per unit in 2022, increasing by 18% against the previous year. Over the period under review, the export price showed a notable expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 160%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average 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 Belarus ($X per unit), while the average price for exports to Russia ($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 Turkey (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Machinery Imports

Imports into the Czech Republic

In 2022, approx. X units of dairy machinery were imported into the Czech Republic; reducing by -68.3% on the year before. Overall, imports recorded a slight decline. The most prominent rate of growth was recorded in 2019 with an increase of 133%. Over the period under review, imports attained the maximum at X units in 2021, and then reduced markedly in the following year.

In value terms, dairy machinery imports declined markedly to $X in 2022. Over the period under review, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 158% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

Italy (X units), Germany (X units) and Slovakia (X units) were the main suppliers of dairy machinery imports to the Czech Republic, together comprising 92% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +11.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest dairy machinery suppliers to the Czech Republic were Germany ($X), Italy ($X) and Slovakia ($X), with a combined 94% share of total imports.

Germany, with a CAGR of +3.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average dairy machinery import price stood at $X per unit in 2022, which is down by -2.3% against the previous year. In general, the import price saw a perceptible slump. The growth pace was the most rapid in 2017 when the average import price increased by 32%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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