Czech Republic: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in the Czech Republic

The Czech sugar-manufacturing industrial machinery market dropped remarkably to $X in 2022, declining by -69.4% against the previous year. Over the period under review, consumption showed a significant curtailment. The most prominent rate of growth was recorded in 2018 when the market value decreased by -0.9% against the previous year. Sugar-manufacturing industrial machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sugar-Manufacturing Industrial Machinery Production in the Czech Republic

In value terms, sugar-manufacturing industrial machinery production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 115% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Sugar-Manufacturing Industrial Machinery Exports

Exports from the Czech Republic

Sugar-manufacturing industrial machinery exports from the Czech Republic dropped remarkably to X units in 2022, waning by -23.5% on the previous year. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 805%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, sugar-manufacturing industrial machinery exports surged to $X in 2022. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 437%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units), India (X units) and Russia (X units) were the main destinations of sugar-manufacturing industrial machinery exports from the Czech Republic, with a combined 77% share of total exports. These countries were followed by Egypt, Iran and Germany, which together accounted for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the key foreign market for industrial machinery for the manufacture or preparation of sugar exports from the Czech Republic, comprising 44% of total exports. The second position in the ranking was held by Germany ($X), with a 19% share of total exports. It was followed by Russia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (0.0% per year) and Russia (-0.9% per year).

Export Prices by Country

The average sugar-manufacturing industrial machinery export price stood at $X per unit in 2022, surging by 63% against the previous year. In general, the export price saw pronounced growth. The most prominent rate of growth was recorded in 2021 an increase of 185% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, 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 Germany ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+82.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar-Manufacturing Industrial Machinery Imports

Imports into the Czech Republic

Sugar-manufacturing industrial machinery imports into the Czech Republic skyrocketed to X units in 2022, increasing by 18% against the year before. Over the period under review, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 1,127%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar-manufacturing industrial machinery imports reduced slightly to $X in 2022. Overall, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 1,158% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), Poland (X units) and Moldova (X units) were the main suppliers of sugar-manufacturing industrial machinery imports to the Czech Republic, together comprising 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +4.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of sugar to the Czech Republic, comprising 67% of total imports. The second position in the ranking was taken by Poland ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-6.3% per year) and Moldova (0.0% per year).

Import Prices by Country

In 2022, the average sugar-manufacturing industrial machinery import price amounted to $X per unit, reducing by -16.4% against the previous year. In general, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 411%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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