Czech Republic: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in the Czech Republic

For the third consecutive year, the Czech paper bag machine market recorded decline in sales value, which decreased by -83.5% to $X in 2022. Over the period under review, consumption, however, continues to indicate a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Paper Bag Machine Production in the Czech Republic

In value terms, paper bag machine production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by 7.9% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Paper Bag Machine Exports

Exports from the Czech Republic

For the third year in a row, the Czech Republic recorded growth in shipments abroad of machines for making bags, sacks or envelopes of paper or paperboard, which increased by 103% to X units in 2022. Over the period under review, exports posted a notable increase. The most prominent rate of growth was recorded in 2015 when exports increased by 167%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, paper bag machine exports soared to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 166% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for paper bag machine exports from the Czech Republic, with a 88% share of total exports. Moreover, paper bag machine exports to Germany exceeded the volume sent to the second major destination, Turkey (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +10.6%.

In value terms, Germany ($X) remains the key foreign market for machines for making bags, sacks or envelopes of paper or paperboard exports from the Czech Republic, comprising 97% of total exports. The second position in the ranking was taken by Turkey ($X), with a 2.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +19.0%.

Export Prices by Country

In 2022, the average paper bag machine export price amounted to $X per unit, reducing by -24.7% against the previous year. Overall, the export price showed a slight curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 102%. As a result, the export price attained the peak level of $X per unit, and then shrank remarkably in the following year.

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 Turkey totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+15.8%), while the prices for the other major destinations experienced mixed trend patterns.

Paper Bag Machine Imports

Imports into the Czech Republic

In 2022, purchases abroad of machines for making bags, sacks or envelopes of paper or paperboard increased by 100% to X units, rising for the second year in a row after two years of decline. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 225%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, paper bag machine imports surged to $X in 2022. Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 4,062% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and Turkey (X units) were the main suppliers of paper bag machine 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 Germany (with a CAGR of +17.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of machines for making bags, sacks or envelopes of paper or paperboard to the Czech Republic, comprising 73% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +34.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+99.0% per year) and Turkey (0.0% per year).

Import Prices by Country

The average paper bag machine import price stood at $X per unit in 2022, declining by -12.4% against the previous year. Overall, the import price, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2018 an increase of 1,181%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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