Czech Republic: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in the Czech Republic

The Czech off-highway dumper market skyrocketed to $X in 2021, increasing by 244% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a significant expansion. Off-highway dumper consumption peaked in 2021 and is expected to retain growth in the near future.

Off-Highway Dumper Exports

Exports from the Czech Republic

For the third consecutive year, the Czech Republic recorded decline in shipments abroad of dumpers for off-highway use, which decreased by -8.7% to X units in 2021. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 58% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, off-highway dumper exports dropped to $X in 2021. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 99% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X units) was the main destination for off-highway dumper exports from the Czech Republic, with a 46% share of total exports. Moreover, off-highway dumper exports to Poland exceeded the volume sent to the second major destination, Germany (X units), twofold. Slovakia (X units) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume to Poland stood at +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-4.7% per year) and Slovakia (-6.4% per year).

In value terms, the largest markets for off-highway dumper exported from the Czech Republic were Germany ($X), Poland ($X) and Slovakia ($X), together comprising 62% of total exports. These countries were followed by Austria, Hungary, Portugal, Spain, Romania, Italy, Greece and Ukraine, which together accounted for a further 24%.

Portugal, with a CAGR of +159.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average off-highway dumper export price stood at $X per unit in 2021, approximately mirroring the previous year. Over the period under review, the export price showed a abrupt contraction. The growth pace was the most rapid in 2018 when the average export price increased by 26% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 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 Slovakia ($X per unit), while the average price for exports to Poland ($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 Greece (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Off-Highway Dumper Imports

Imports into the Czech Republic

In 2021, the amount of dumpers for off-highway use imported into the Czech Republic surged to X units, rising by 119% compared with 2020 figures. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, off-highway dumper imports skyrocketed to $X in 2021. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the UK (X units) constituted the largest off-highway dumper supplier to the Czech Republic, with a 31% share of total imports. Moreover, off-highway dumper imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Austria (X units), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK totaled +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.2% per year) and Austria (+36.0% per year).

In value terms, the UK ($X) constituted the largest supplier of dumpers for off-highway use to the Czech Republic, comprising 27% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by Austria, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from the UK amounted to +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.0% per year) and Austria (+43.9% per year).

Import Prices by Country

The average off-highway dumper import price stood at $X per unit in 2021, dropping by -8.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat 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 Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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