Czech Republic: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in the Czech Republic

The Czech market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2021, picking up by 31% 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). In general, consumption, however, showed a abrupt descent. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports from the Czech Republic

In 2021, the amount of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) exported from the Czech Republic soared to X tons, growing by 54% compared with 2020 figures. In general, exports, however, faced a deep setback. The pace of growth was the most pronounced in 2019 with an increase of 60%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2021. Over the period under review, exports, however, recorded a drastic downturn. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Hungary (X tons) and Poland (X tons) were the main destinations of exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from the Czech Republic, together comprising 53% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +5.2%), while shipments for the other leaders experienced a decline.

In value terms, Italy ($X) remains the key foreign market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) exports from the Czech Republic, comprising 30% of total exports. The second position in the ranking was held by Slovakia ($X), with a 12% share of total exports. It was followed by Poland, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-12.7% per year) and Poland (+9.2% per year).

Export Prices by Country

The average export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) stood at $X per ton in 2021, growing by 36% against the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports into the Czech Republic

After three years of decline, overseas purchases of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by 36% to X tons in 2021. Over the period under review, imports, however, faced a precipitous setback. The pace of growth was the most pronounced in 2015 with an increase of 138%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) surged to $X in 2021. In general, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by 105%. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Austria (X tons), the United States (X tons) and China (X tons) were the main suppliers of imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) to the Czech Republic, with a combined 71% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +152.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the United States ($X) and Germany ($X) constituted the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) suppliers to the Czech Republic, together comprising 66% of total imports.

Austria, with a CAGR of +142.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per ton, which is down by -4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.7%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 46%. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then shrank slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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