Czech Republic: Non-Domestic Dryer Market 2024

Non-Domestic Dryer Market Size in the Czech Republic

In 2021, the Czech non-domestic dryer market decreased by -4.9% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption showed a pronounced downturn. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Non-Domestic Dryer Production in the Czech Republic

In value terms, non-domestic dryer production reduced to $X in 2021 estimated in export price. Overall, production continues to indicate a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 101% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then fell in the following year.

Non-Domestic Dryer Exports

Exports from the Czech Republic

In 2021, the amount of non-domestic dryers exported from the Czech Republic skyrocketed to X units, with an increase of 77% against 2020. In general, total exports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +87.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-domestic dryer exports surged to $X in 2021. Overall, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units), Germany (X units) and France (X units) were the main destinations of non-domestic dryer exports from the Czech Republic, together accounting for 42% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +101.9%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) emerged as the key foreign market for non-domestic dryers exports from the Czech Republic, comprising 21% of total exports. The second position in the ranking was held by the United States ($X), with a 9.3% share of total exports. It was followed by France, with an 8% share.

From 2012 to 2021, the average annual growth rate of value to Sweden amounted to +84.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+74.2% per year) and France (+20.9% per year).

Export Prices by Country

The average non-domestic dryer export price stood at $X per unit in 2021, picking up by 16% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-domestic dryer export price increased by +68.3% against 2016 indices. The growth pace was the most rapid in 2019 an increase of 20%. The export price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the UK ($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 the Netherlands (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dryer Imports

Imports into the Czech Republic

Non-domestic dryer imports into the Czech Republic soared to X units in 2021, increasing by 63% compared with the previous year. In general, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 73% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, non-domestic dryer imports surged to $X in 2021. Overall, total imports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of non-domestic dryer imports to the Czech Republic, together accounting for 50% of total imports. These countries were followed by South Korea, the UK, Belgium, Austria and China, which together accounted for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +93.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of non-domestic dryers to the Czech Republic, comprising 32% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK totaled +65.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.5% per year) and the Netherlands (+7.5% per year).

Import Prices by Country

In 2021, the average non-domestic dryer import price amounted to $X per unit, rising by 1.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 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, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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