Czech Republic: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in the Czech Republic

For the fourth consecutive year, the Czech market for in-hand motor grinders, sanders and planers recorded growth in sales value, which increased by 7.5% to $X in 2021. In general, consumption recorded a remarkable increase. Consumption of peaked in 2021 and is likely to see gradual growth in the immediate term.

Production of In-Hand Motor Grinders, Sanders And Planers in the Czech Republic

In value terms, production of in-hand motor grinders, sanders and planers expanded notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by 32%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from the Czech Republic

Exports of in-hand motor grinders, sanders and planers from the Czech Republic soared to X units in 2021, increasing by 37% against 2020 figures. Over the period under review, exports recorded a mild expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of in-hand motor grinders, sanders and planers soared to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +44.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), Belgium (X units) and the UK (X units) were the main destinations of exports of in-hand motor grinders, sanders and planers from the Czech Republic, with a combined 63% share of total exports. Poland, Sweden, Slovakia, Hungary, the United States, Italy and the United Arab Emirates lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +61.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the UK ($X) appeared to be the largest markets for electromechanical tools for working in the hand, with self-contained electric motor exported from the Czech Republic worldwide, with a combined 63% share of total exports. These countries were followed by Poland, Sweden, Slovakia, Hungary, the United States, Italy and the United Arab Emirates, which together accounted for a further 25%.

Sweden, with a CAGR of +64.6%, recorded the highest growth rate of 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 export price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, picking up by 5% against the previous year. In general, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for in-hand motor grinders, sanders and planers decreased by -27.2% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 42% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Hungary ($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 Slovakia (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into the Czech Republic

In 2021, overseas purchases of in-hand motor grinders, sanders and planers were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 46%. Over the period under review, imports of hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers surged to $X in 2021. Overall, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of imports of in-hand motor grinders, sanders and planers to the Czech Republic, with a combined 71% share of total imports. These countries were followed by Poland, Austria, Romania and Hungary, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +59.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and China ($X) were the largest electromechanical tools for working in the hand, with self-contained electric motor suppliers to the Czech Republic, together comprising 67% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +60.8%, 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 import price for in-hand motor grinders, sanders and planers amounted to $X per unit, increasing by 4.5% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for in-hand motor grinders, sanders and planers increased by +81.7% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 39%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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