Czech Republic: Market for Iron Or Steel Bridges And Bridge-Sections 2025

Market Size for Iron Or Steel Bridges And Bridge-Sections in the Czech Republic

The Czech iron or steel bridges market skyrocketed to $X in 2022, picking up by 146% against the previous year. Over the period under review, consumption, however, saw a drastic downturn. Iron or steel bridges consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Iron Or Steel Bridges And Bridge-Sections in the Czech Republic

In value terms, iron or steel bridges production surged to $X in 2022 estimated in export price. Over the period under review, production, however, posted a buoyant increase. The growth pace was the most rapid in 2014 when the production volume increased by 240%. Iron or steel bridges production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports from the Czech Republic

In 2022, overseas shipments of iron or steel bridges and bridge-sections decreased by -59.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 1,077%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, iron or steel bridges exports dropped rapidly to $X in 2022. Over the period under review, exports showed a mild decline. The growth pace was the most rapid in 2015 when exports increased by 860% against the previous year. The exports peaked at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Austria (X tons) was the main destination for iron or steel bridges exports from the Czech Republic, with a 44% share of total exports. Moreover, iron or steel bridges exports to Austria exceeded the volume sent to the second major destination, Poland (X tons), twofold. Ukraine (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to Austria stood at +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+15.9% per year) and Ukraine (+401.2% per year).

In value terms, the largest markets for iron or steel bridges exported from the Czech Republic were Austria ($X), Poland ($X) and Ukraine ($X), with a combined 78% share of total exports.

Ukraine, with a CAGR of +149.3%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average iron or steel bridges export price amounted to $X per ton, with a decrease of -71.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 121%. As a result, the export price reached the peak level of $X per ton, and then shrank markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports into the Czech Republic

In 2022, after four years of growth, there was significant decline in supplies from abroad of iron or steel bridges and bridge-sections, when their volume decreased by -29.3% to X tons. In general, imports, however, showed perceptible growth. The pace of growth was the most pronounced in 2020 when imports increased by 76%. Imports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, iron or steel bridges imports rose notably to $X in 2022. Overall, imports, however, continue to indicate notable growth. The pace of growth appeared the most rapid in 2020 when imports increased by 68%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

Germany (X tons), Italy (X tons) and Austria (X tons) were the main suppliers of iron or steel bridges imports to the Czech Republic, together comprising 66% of total imports. Hungary, Slovakia, China, Serbia, Poland, France and the UK lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +134.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Hungary ($X) constituted the largest iron or steel bridges suppliers to the Czech Republic, together comprising 72% of total imports. Italy, Serbia, Slovakia, Poland, China, France and the UK lagged somewhat behind, together accounting for a further 28%.

Serbia, with a CAGR of +167.9%, saw 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 2022, the average iron or steel bridges import price amounted to $X per ton, growing by 58% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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