Czech Republic: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in the Czech Republic

The Czech market for mechanical appliances for projecting, dispersing or spraying was finally on the rise to reach $X in 2022, after four years of decline. In general, consumption, however, saw a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in the Czech Republic

In value terms, production of mechanical appliances for projecting, dispersing or spraying contracted remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a moderate increase. The growth pace was the most rapid in 2017 when the production volume increased by 89%. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from the Czech Republic

In 2022, exports of mechanical appliances for projecting, dispersing or spraying from the Czech Republic expanded remarkably to X units, growing by 6.4% compared with 2021 figures. In general, total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.0% against 2018 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 51% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying amounted to $X in 2022. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 73% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for exports of mechanical appliances for projecting, dispersing or spraying from the Czech Republic, with a 35% share of total exports. Moreover, exports of mechanical appliances for projecting, dispersing or spraying to Germany exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was taken by Poland (X units), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.8% per year) and Poland (+9.9% per year).

In value terms, Germany ($X) remains the key foreign market for mechanical appliances for projecting, dispersing or spraying exports from the Czech Republic, comprising 26% of total exports. The second position in the ranking was held by the United States ($X), with an 11% share of total exports. It was followed by Slovakia, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+15.8% per year) and Slovakia (+7.8% per year).

Export Prices by Country

In 2022, the average export price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, standing approx. at the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mechanical appliances for projecting, dispersing or spraying increased by +86.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 38%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Switzerland ($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 Austria (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into the Czech Republic

Imports of mechanical appliances for projecting, dispersing or spraying into the Czech Republic reduced to X units in 2022, shrinking by -9.3% on the previous year. In general, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2016 with an increase of 215%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying expanded markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of 64%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X units), Germany (X units) and Hungary (X units) were the main suppliers of imports of mechanical appliances for projecting, dispersing or spraying to the Czech Republic, together comprising 63% of total imports. Italy, Poland, Bosnia and Herzegovina and France lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +783.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of mechanical appliances for projecting, dispersing or spraying to the Czech Republic, comprising 36% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by France, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+12.5% per year) and France (+38.6% per year).

Import Prices by Country

In 2022, the average import price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, growing by 22% against the previous year. Over the period under review, the import price enjoyed mild growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 177%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Hungary ($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 (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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