Czech Republic: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2024

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in the Czech Republic

In 2021, the Czech digital data processing machine market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in the Czech Republic

In value terms, digital data processing machine production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 42%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from the Czech Republic

In 2021, shipments abroad of digital data processing machines: presented in the form of systems increased by 0.7% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2016 when exports increased by 4.2% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, digital data processing machine exports rose rapidly to $X in 2021. Overall, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 20% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X units) was the main destination for digital data processing machine exports from the Czech Republic, with a 55% share of total exports. Moreover, digital data processing machine exports to Slovakia exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was held by Hungary (X units), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume to Slovakia amounted to +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-7.6% per year) and Hungary (+37.4% per year).

In value terms, Germany ($X) remains the key foreign market for digital data processing machines: presented in the form of systems exports from the Czech Republic, comprising 45% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 20% share of total exports. It was followed by the UK, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+30.5% per year) and the UK (-7.8% per year).

Export Prices by Country

In 2021, the average digital data processing machine export price amounted to $X per unit, rising by 5.3% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, digital data processing machine export price decreased by -0.1% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Slovakia ($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 Belarus (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into the Czech Republic

After two years of decline, purchases abroad of digital data processing machines: presented in the form of systems increased by 7.3% to X units in 2021. Over the period under review, imports posted a prominent increase. The pace of growth appeared the most rapid in 2015 with an increase of 108% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, digital data processing machine imports skyrocketed to $X in 2021. In general, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Slovakia (X units) constituted the largest supplier of digital data processing machine to the Czech Republic, accounting for a 48% share of total imports. Moreover, digital data processing machine imports from Slovakia exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Germany (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Slovakia totaled +104.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.4% per year) and Germany (-3.9% per year).

In value terms, the largest digital data processing machine suppliers to the Czech Republic were China ($X), Slovakia ($X) and Ireland ($X), with a combined 62% share of total imports.

In terms of the main suppliers, Slovakia, with a CAGR of +76.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average digital data processing machine import price amounted to $X per unit, picking up by 19% against the previous year. In general, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, digital data processing machine import price increased by +125.6% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of 63%. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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