Czech Republic: Snow Motor Vehicle Market 2024

Snow Motor Vehicle Market Size in the Czech Republic

The Czech snow motor vehicle market rose significantly to $X in 2022, picking up by 7.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a resilient increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Snow Motor Vehicle Exports

Exports from the Czech Republic

In 2022, snow motor vehicle exports from the Czech Republic shrank remarkably to X units, with a decrease of -19.5% against the previous year's figure. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 406%. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted sharply in the following year.

In value terms, snow motor vehicle exports contracted notably to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 742% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Slovakia (X units), Poland (X units) and France (X units) were the main destinations of snow motor vehicle exports from the Czech Republic, together comprising 67% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +51.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Slovakia ($X) and Poland ($X) constituted the largest markets for snow motor vehicle exported from the Czech Republic worldwide, together accounting for 53% of total exports. Lithuania, Germany, Belgium and Hungary lagged somewhat behind, together comprising a further 42%.

Among the main countries of destination, Lithuania, with a CAGR of +116.2%, recorded 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

In 2022, the average snow motor vehicle export price amounted to $X per unit, with a decrease of -28.4% against the previous year. In general, the export price, however, recorded a pronounced expansion. The growth pace was the most rapid in 2020 an increase of 146%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Germany ($X per unit), while the average price for exports to Slovakia ($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 Lithuania (+85.4%), while the prices for the other major destinations experienced mixed trend patterns.

Snow Motor Vehicle Imports

Imports into the Czech Republic

Snow motor vehicle imports into the Czech Republic surged to X units in 2022, growing by 18% against 2021 figures. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 260% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, snow motor vehicle imports dropped to $X in 2022. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by 148%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of snow motor vehicle to the Czech Republic, with a 85% share of total imports. Moreover, snow motor vehicle imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. Austria (X units) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +31.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.3% per year) and Austria (+39.5% per year).

In value terms, the largest snow motor vehicle suppliers to the Czech Republic were China ($X), the United States ($X) and Austria ($X), together accounting for 91% of total imports.

In terms of the main suppliers, Austria, with a CAGR of +44.0%, 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

In 2022, the average snow motor vehicle import price amounted to $X per unit, which is down by -24.4% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 78%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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