Czech Republic: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in the Czech Republic

In 2022, the Czech metal anchors and grapnels market decreased by -18.5% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the market value increased by 4.6%. Metal anchors and grapnels consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Iron Or Steel Anchors, Grapnels in the Czech Republic

In value terms, metal anchors and grapnels production declined modestly to $X in 2022 estimated in export price. Overall, production recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 6.5% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Iron Or Steel Anchors, Grapnels

Exports from the Czech Republic

Metal anchors and grapnels exports from the Czech Republic skyrocketed to X units in 2022, picking up by 61% on the previous year. In general, total exports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +109.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal anchors and grapnels exports soared to $X in 2022. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 206%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X units) was the main destination for metal anchors and grapnels exports from the Czech Republic, accounting for a 61% share of total exports. Moreover, metal anchors and grapnels exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X units), fivefold. Slovakia (X units) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +223.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-10.5% per year) and Slovakia (+2.1% per year).

In value terms, the Netherlands ($X) remains the key foreign market for iron or steel anchors, grapnels exports from the Czech Republic, comprising 35% of total exports. The second position in the ranking was taken by Italy ($X), with an 11% share of total exports. It was followed by the UK, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +237.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+68.7% per year) and the UK (+78.1% per year).

Export Prices by Country

In 2022, the average metal anchors and grapnels export price amounted to $X per unit, with a decrease of -26.6% against the previous year. Overall, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 135%. As a result, the export price attained the peak level of $X per unit, and then dropped significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Slovakia ($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 Poland (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Anchors, Grapnels

Imports into the Czech Republic

For the third year in a row, the Czech Republic recorded growth in supplies from abroad of iron or steel anchors, grapnels, which increased by 11% to X units in 2022. In general, imports, however, showed a deep slump. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metal anchors and grapnels imports rose modestly to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of 72%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Turkey (X units) and Slovakia (X units) were the main suppliers of metal anchors and grapnels imports to the Czech Republic, together comprising 84% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +29.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of iron or steel anchors, grapnels to the Czech Republic, comprising 73% of total imports. The second position in the ranking was held by Germany ($X), with a 9% share of total imports. It was followed by China, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.0% per year) and China (+14.7% per year).

Import Prices by Country

In 2022, the average metal anchors and grapnels import price amounted to $X per unit, shrinking by -8% against the previous year. Overall, the import price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of 88%. The import price peaked at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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