Czech Republic: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in the Czech Republic

In 2021, the Czech finishing paper machinery market increased by 26% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Finishing Paper Machinery Production in the Czech Republic

In value terms, finishing paper machinery production declined to $X in 2021 estimated in export price. In general, production saw a prominent increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 121% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Finishing Paper Machinery Exports

Exports from the Czech Republic

In 2021, exports of machinery for finishing paper or paperboard from the Czech Republic skyrocketed to X units, jumping by 58% compared with the previous year. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 807% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, finishing paper machinery exports skyrocketed to $X in 2021. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2019 when exports increased by 235%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X units) was the main destination for finishing paper machinery exports from the Czech Republic, accounting for a 92% share of total exports. Moreover, finishing paper machinery exports to Germany exceeded the volume sent to the second major destination, Russia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +53.2%.

In value terms, Germany ($X) remains the key foreign market for machinery for finishing paper or paperboard exports from the Czech Republic, comprising 82% of total exports. The second position in the ranking was held by Russia ($X), with a 3.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +44.2%.

Export Prices by Country

The average finishing paper machinery export price stood at $X per unit in 2021, flattening at the previous year. Over the period under review, the export price saw a deep slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 41% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Germany amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-1.9%).

Finishing Paper Machinery Imports

Imports into the Czech Republic

In 2021, the amount of machinery for finishing paper or paperboard imported into the Czech Republic dropped remarkably to X units, with a decrease of -34.4% on the previous year. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2019 when imports increased by 302%. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, finishing paper machinery imports skyrocketed to $X in 2021. Over the period under review, imports, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2019 with an increase of 237%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of finishing paper machinery to the Czech Republic, accounting for a 80% share of total imports. Moreover, finishing paper machinery imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.6% per year) and Slovakia (-26.0% per year).

In value terms, Germany ($X) constituted the largest supplier of machinery for finishing paper or paperboard to the Czech Republic, comprising 85% of total imports. The second position in the ranking was held by China ($X), with a 9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +45.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+12.5% per year) and Slovakia (-12.8% per year).

Import Prices by Country

The average finishing paper machinery import price stood at $X per unit in 2021, growing by 163% against the previous year. Overall, the import price saw a buoyant increase. 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 2021, amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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