Czech Republic: Market for Machinery for Liquefying Air or Gases 2024

Market Size for Machinery for Liquefying Air or Gases in the Czech Republic

The Czech air or gas liquefier market declined slightly to $X in 2022, approximately mirroring the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Machinery for Liquefying Air or Gases in the Czech Republic

In value terms, air or gas liquefier production fell modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 30%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Machinery for Liquefying Air or Gases

Exports from the Czech Republic

In 2021, the amount of machinery for liquefying air or gases exported from the Czech Republic declined markedly to X units, reducing by -50% against 2020 figures. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 600%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, air or gas liquefier exports declined significantly to $X in 2021. In general, exports, however, posted a slight expansion. The most prominent rate of growth was recorded in 2019 with an increase of 161% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

From 2012 to 2022, the average annual rate of growth in terms of volume to No country was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for machinery for liquefying air or gases exports from the Czech Republic, comprising 21% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+66.7% per year) and Estonia (-50.7% per year).

Export Prices by Country

The average air or gas liquefier export price stood at $X per unit in 2022, with an increase of 300% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,547%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the Netherlands ($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 Ukraine (+4,710.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery for Liquefying Air or Gases

Imports into the Czech Republic

In 2022, after two years of decline, there was significant growth in supplies from abroad of machinery for liquefying air or gases, when their volume increased by 100% to X units. In general, imports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 400%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, air or gas liquefier imports soared to $X in 2022. Over the period under review, imports saw a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 173% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X units) and Italy (X units) were the main suppliers of air or gas liquefier imports to the Czech Republic.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of 0.0%).

In value terms, Italy ($X), Germany ($X) and Turkey ($X) constituted the largest air or gas liquefier suppliers to the Czech Republic, with a combined 74% share of total imports.

Germany, with a CAGR of +23.8%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average air or gas liquefier import price amounted to $X per unit, with a decrease of -36.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 631% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7,378.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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