Czech Republic: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in the Czech Republic

After three years of decline, the Czech market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by 366% to $X in 2022. Overall, consumption recorded buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in the Czech Republic

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 130% against the previous year. 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 Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from the Czech Republic

Exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from the Czech Republic reduced remarkably to X units in 2022, with a decrease of -38.7% on the year before. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 40%. Over the period under review, the exports of attained the maximum at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids expanded slightly to $X in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 42% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Slovakia (X units) was the main destination for exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from the Czech Republic, with a 29% share of total exports. Moreover, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Slovakia exceeded the volume sent to the second major destination, Hungary (X units), threefold. The third position in this ranking was taken by Russia (X units), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia totaled +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+61.1% per year) and Russia (-5.8% per year).

In value terms, the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from the Czech Republic were Germany ($X), Belgium ($X) and Russia ($X), together comprising 42% of total exports. The United States, Slovakia, Norway, France, Austria, Italy, the Netherlands, Poland, the UK and Hungary lagged somewhat behind, together comprising a further 43%.

In terms of the main countries of destination, the United States, with a CAGR of +36.2%, 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 export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, with an increase of 70% against the previous year. Overall, the export price showed a perceptible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Hungary ($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 Germany (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into the Czech Republic

Imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids into the Czech Republic declined rapidly to X units in 2022, reducing by -28.8% on the year before. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 25% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reduced slightly to $X in 2022. In general, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +25.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids supplier to the Czech Republic, accounting for a 65% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Poland (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.6% per year) and Poland (+13.2% per year).

In value terms, Germany ($X) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to the Czech Republic, comprising 23% of total imports. The second position in the ranking was held by China ($X), with a 10% share of total imports. It was followed by Poland, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.1% per year) and Poland (+4.1% per year).

Import Prices by Country

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, jumping by 38% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by +83.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 39% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 Germany ($X per unit), while the price for Croatia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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