Czech Republic: Metal Gas Appliances Market 2024

Metal Gas Appliances Market Size in the Czech Republic

The Czech metal gas appliances market surged to $X in 2022, growing by 715% against the previous year. Overall, consumption saw prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Metal Gas Appliances Production in the Czech Republic

In value terms, metal gas appliances production stood at $X in 2022 estimated in export price. Overall, production, however, showed a pronounced decline. The pace of growth was the most pronounced in 2017 with an increase of 92%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Metal Gas Appliances Exports

Exports from the Czech Republic

In 2022, overseas shipments of iron or steel gas domestic appliances increased by 25% to X units, rising for the second consecutive year after two years of decline. Overall, exports recorded a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 51%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, metal gas appliances exports expanded remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for metal gas appliances exports from the Czech Republic, with a 53% share of total exports. Moreover, metal gas appliances exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), fourfold. The third position in this ranking was taken by Austria (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-0.1% per year) and Austria (+11.7% per year).

In value terms, Germany ($X) remains the key foreign market for iron or steel gas domestic appliances exports from the Czech Republic, comprising 61% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 16% share of total exports. It was followed by Austria, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-1.3% per year) and Austria (-7.7% per year).

Export Prices by Country

In 2022, the average metal gas appliances export price amounted to $X per unit, falling by -10.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Italy ($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 Slovakia (-1.2%), while the prices for the other major destinations experienced a decline.

Metal Gas Appliances Imports

Imports into the Czech Republic

In 2022, overseas purchases of iron or steel gas domestic appliances increased by 1.1% to X units, rising for the second consecutive year after four years of decline. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 435%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal gas appliances imports skyrocketed to $X in 2022. Over the period under review, imports posted prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 150% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

China (X units), Poland (X units) and Germany (X units) were the main suppliers of metal gas appliances imports to the Czech Republic, together comprising 87% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +87.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal gas appliances suppliers to the Czech Republic were Poland ($X), China ($X) and Germany ($X), together comprising 80% of total imports.

Poland, with a CAGR of +84.1%, 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

The average metal gas appliances import price stood at $X per unit in 2022, surging by 31% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Italy ($X per unit), while the price for Bulgaria ($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 (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :