Czech Republic: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in the Czech Republic

In 2022, the Czech market for machine-tools for working stone, ceramics, and concrete decreased by -32.7% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a noticeable decline. Machine tools for working stone consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in the Czech Republic

In value terms, machine tools for working stone production fell modestly to $X in 2022 estimated in export price. In general, production, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of 121% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from the Czech Republic

After four years of decline, overseas shipments of machine-tools for working stone, ceramics, and concrete increased by 30% to X units in 2022. Over the period under review, exports posted resilient growth. The growth pace was the most rapid in 2014 when exports increased by 214%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, machine tools for working stone exports soared to $X in 2022. In general, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by 164% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Slovakia (X units) and Canada (X units) were the main destinations of machine tools for working stone exports from the Czech Republic, together accounting for 70% of total exports. Poland, Ghana, Mongolia, Finland and the United States lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mongolia (with a CAGR of +1,085.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machine tools for working stone exported from the Czech Republic were Slovakia ($X), Germany ($X) and Ghana ($X), with a combined 70% share of total exports.

Among the main countries of destination, Ghana, with a CAGR of +59.2%, saw 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

The average export price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, falling by -9.7% against the previous year. Overall, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 90% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mongolia ($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 the United States (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into the Czech Republic

In 2022, approx. X units of machine-tools for working stone, ceramics, and concrete were imported into the Czech Republic; falling by -16.1% against 2021. Overall, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by 227% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, machine tools for working stone imports stood at $X in 2022. In general, imports, however, saw a moderate increase. The most prominent rate of growth was recorded in 2017 when imports increased by 257%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of machine tools for working stone to the Czech Republic, with a 53% share of total imports. Moreover, machine tools for working stone imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Germany (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.5% per year) and Germany (-1.4% per year).

In value terms, Italy ($X) constituted the largest supplier of machine-tools for working stone, ceramics, and concrete to the Czech Republic, comprising 67% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by China, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.6% per year) and China (+19.5% per year).

Import Prices by Country

In 2022, the average import price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, surging by 27% against the previous year. Overall, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2015 an increase of 67% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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