Czech Republic: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in the Czech Republic

In 2021, the Czech agricultural product dryer market increased by 30% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a buoyant expansion. Agricultural product dryer consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Agricultural Product Dryer Exports

Exports from the Czech Republic

In 2021, overseas shipments of dryers for the treatment of agricultural products decreased by 0% to X units, falling for the third consecutive year after two years of growth. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2017 when exports increased by 2,150%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, agricultural product dryer exports declined to $X in 2021. In general, exports faced a sharp descent. The growth pace was the most rapid in 2017 when exports increased by 6,977%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units), Turkey (X units) and Italy (X units) were the main destinations of agricultural product dryer exports from the Czech Republic, together accounting for 71% of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Germany ($X) and Kosovo ($X) constituted the largest markets for agricultural product dryer exported from the Czech Republic worldwide, together accounting for 79% of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average agricultural product dryer export price stood at $X per unit in 2021, picking up by 2% against the previous year. In general, the export price saw a measured expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 186% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Italy ($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 Germany (+11.4%), while the prices for the other major destinations experienced a decline.

Agricultural Product Dryer Imports

Imports into the Czech Republic

In 2021, the amount of dryers for the treatment of agricultural products imported into the Czech Republic skyrocketed to X units, rising by 16% on the previous year. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 106%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, agricultural product dryer imports surged to $X in 2021. Over the period under review, imports, however, showed a deep setback. The growth pace was the most rapid in 2017 with an increase of 52% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest agricultural product dryer supplier to the Czech Republic, with a 53% share of total imports. Moreover, agricultural product dryer imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The third position in this ranking was held by South Korea (X units), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.3% per year) and South Korea (+152.0% per year).

In value terms, Germany ($X) constituted the largest supplier of dryers for the treatment of agricultural products to the Czech Republic, comprising 53% of total imports. The second position in the ranking was taken by the UK ($X), with a 13% share of total imports. It was followed by the United States, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-0.3% per year) and the United States (-9.1% per year).

Import Prices by Country

The average agricultural product dryer import price stood at $X per unit in 2021, growing by 29% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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 the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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