Czech Republic: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in the Czech Republic

The Czech electric soldering iron market reduced sharply to $X in 2022, shrinking by X% against the previous year. Overall, consumption recorded a drastic downturn. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Electric Soldering Iron Production in the Czech Republic

In value terms, electric soldering iron production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Electric Soldering Iron Exports

Exports from the Czech Republic

In 2022, overseas shipments of electric soldering irons and guns increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, electric soldering iron exports skyrocketed to $X in 2022. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X units), Poland (X units) and Germany (X units) were the main destinations of electric soldering iron exports from the Czech Republic, with a combined X% share of total exports. Bulgaria, Hungary, the Netherlands, Latvia and Vietnam lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Poland ($X) and Germany ($X) constituted the largest markets for electric soldering iron exported from the Czech Republic worldwide, with a combined X% share of total exports. Bulgaria, Hungary, the Netherlands, Latvia and Vietnam lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric soldering iron export price stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price saw a perceptible reduction. The pace of growth appeared the most rapid in 2018 an increase of X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per unit) and Bulgaria ($X per unit), while the average price for exports to Slovakia ($X per unit) and Hungary ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (X%), while the prices for the other major destinations experienced a decline.

Electric Soldering Iron Imports

Imports into the Czech Republic

In value terms, electric soldering iron imports dropped modestly to $X in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In value terms, China ($X) constituted the largest supplier of electric soldering irons and guns to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

Source: IndexBox Platform

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