Czech Republic: Electroplating Machine Market 2024

Electroplating Machine Market Size in the Czech Republic

In 2021, the Czech electroplating machine market increased by 26% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a slight increase. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Electroplating Machine Production in the Czech Republic

In value terms, electroplating machine production rose sharply to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 32%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Electroplating Machine Exports

Exports from the Czech Republic

Electroplating machine exports from the Czech Republic contracted markedly to X units in 2021, with a decrease of -81.1% compared with the previous year. In general, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 346% against the previous year. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, electroplating machine exports declined markedly to $X in 2021. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 240%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Mexico (X units), Slovakia (X units) and Germany (X units) were the main destinations of electroplating machine exports from the Czech Republic, with a combined 86% share of total exports. The UK, Croatia, Poland and Finland lagged somewhat behind, together comprising a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +110.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electroplating machine exported from the Czech Republic were Mexico ($X), Slovakia ($X) and Germany ($X), with a combined 81% share of total exports. Croatia, the UK, Finland and Poland lagged somewhat behind, together accounting for a further 14%.

Among the main countries of destination, Croatia, with a CAGR of +85.4%, saw the highest growth rate of 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 electroplating machine export price stood at $X per unit in 2021, jumping by 30% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 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 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Croatia ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (-2.2%), while the prices for the other major destinations experienced a decline.

Electroplating Machine Imports

Imports into the Czech Republic

Electroplating machine imports into the Czech Republic contracted remarkably to X units in 2021, reducing by -18.6% compared with the year before. Overall, imports, however, saw a notable expansion. The growth pace was the most rapid in 2018 when imports increased by 535%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, electroplating machine imports skyrocketed to $X in 2021. In general, imports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2018 with an increase of 585% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), Spain (X units) and China (X units) were the main suppliers of electroplating machine imports to the Czech Republic, together accounting for 52% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +72.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and Australia ($X) constituted the largest electroplating machine suppliers to the Czech Republic, with a combined 63% share of total imports.

Spain, with a CAGR of +82.8%, 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

In 2021, the average electroplating machine import price amounted to $X per unit, rising by 51% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 114% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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