Czech Republic: Market for Iron or Steel Cans 2025

Market Size for Iron or Steel Cans in the Czech Republic

After three years of growth, the Czech iron or steel can market decreased by -13.3% to $X in 2021. Overall, consumption recorded a noticeable contraction. Iron or steel can consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Iron or Steel Cans in the Czech Republic

In value terms, iron or steel can production shrank to $X in 2021 estimated in export price. In general, production recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Iron or steel can production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Iron or Steel Cans

Exports from the Czech Republic

Iron or steel can exports from the Czech Republic expanded slightly to X units in 2021, growing by 3.1% on the year before. Overall, exports saw a resilient increase. The growth pace was the most rapid in 2017 when exports increased by 68%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, iron or steel can exports rose markedly to $X in 2021. Over the period under review, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 43%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Hungary (X units), Poland (X units) and Germany (X units) were the main destinations of iron or steel can exports from the Czech Republic, with a combined 94% share of total exports. Spain lagged somewhat behind, accounting for a further 3.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +242.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel can exported from the Czech Republic were Hungary ($X), Poland ($X) and Germany ($X), with a combined 92% share of total exports. These countries were followed by Spain, which accounted for a further 4%.

In terms of the main countries of destination, Spain, with a CAGR of +182.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average iron or steel can export price amounted to $X per unit, growing by 8.9% against the previous year. Overall, the export price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 13% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Hungary ($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 Germany (+3.0%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Steel Cans

Imports into the Czech Republic

In 2021, after nine years of growth, there was significant decline in overseas purchases of iron or steel cans, when their volume decreased by -20.4% to X units. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2015 with an increase of 27%. Over the period under review, imports attained the peak figure at X units in 2020, and then dropped dramatically in the following year.

In value terms, iron or steel can imports amounted to $X in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.3% against 2017 indices. The pace of growth appeared the most rapid in 2018 with an increase of 26% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Poland (X units) constituted the largest supplier of iron or steel can to the Czech Republic, accounting for a 37% share of total imports. Moreover, iron or steel can imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was held by Austria (X units), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Poland stood at +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.8% per year) and Austria (+21.4% per year).

In value terms, the largest iron or steel can suppliers to the Czech Republic were Poland ($X), Germany ($X) and Austria ($X), together accounting for 67% of total imports. Italy, Slovakia, China, Turkey, Hungary, Romania, Croatia and the Netherlands lagged somewhat behind, together accounting for a further 30%.

Romania, with a CAGR of +125.1%, saw the highest rates of growth with regard to the value of imports, in terms of 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 iron or steel can import price amounted to $X per unit, growing by 44% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Slovakia ($X per unit), while the price for Croatia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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