Czech Republic: Machinery For Packing Market 2024

Machinery For Packing Market Size in the Czech Republic

In 2022, the Czech machinery for packing market increased by 44% to $X, rising for the second consecutive year after four years of decline. Overall, consumption posted a prominent increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Machinery For Packing Production in the Czech Republic

In value terms, machinery for packing production shrank to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 76% 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.

Machinery For Packing Exports

Exports from the Czech Republic

In 2022, the amount of machinery for packing or wrapping exported from the Czech Republic contracted dramatically to X units, dropping by -17.5% on the previous year. In general, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.7% 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 2015 when exports increased by 73%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, machinery for packing exports declined to $X in 2022. The total export value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for machinery for packing exports from the Czech Republic, accounting for a 52% share of total exports. Moreover, machinery for packing exports to Germany exceeded the volume sent to the second major destination, Poland (X units), fourfold. Slovakia (X units) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-0.9% per year) and Slovakia (-1.9% per year).

In value terms, Germany ($X), Poland ($X) and Slovakia ($X) were the largest markets for machinery for packing exported from the Czech Republic worldwide, with a combined 63% share of total exports. The United States, Thailand and Russia lagged somewhat behind, together accounting for a further 16%.

Thailand, with a CAGR of +16.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average machinery for packing export price stood at $X per unit in 2022, surging by 8.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 21%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Germany ($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 Poland (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Machinery For Packing Imports

Imports into the Czech Republic

In 2022, supplies from abroad of machinery for packing or wrapping increased by 2.3% to X units, rising for the second consecutive year after four years of decline. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 53%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, machinery for packing imports shrank to $X in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.6% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by 51% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of machinery for packing imports to the Czech Republic, with a combined 67% share of total imports. Taiwan (Chinese), China, Ireland, Slovakia, San Marino, Austria, France and the UK lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by San Marino (with a CAGR of +30.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest machinery for packing suppliers to the Czech Republic were Italy ($X), Germany ($X) and the Netherlands ($X), together comprising 72% of total imports. The UK, Taiwan (Chinese), Slovakia, China, France, Austria, San Marino and Ireland lagged somewhat behind, together accounting for a further 15%.

In terms of the main suppliers, San Marino, with a CAGR of +22.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average machinery for packing import price stood at $X per unit in 2022, reducing by -5.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 51%. The import price peaked at $X per unit in 2019; however, from 2020 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 the UK ($X per unit), while the price for Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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