Czech Republic: Non-Household Fan Market 2024

Non-Household Fan Market Size in the Czech Republic

The Czech non-household fan market contracted markedly to $X in 2022, reducing by -40.2% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell markedly in the following year.

Non-Household Fan Production in the Czech Republic

In value terms, non-household fan production dropped notably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by 502% against the previous year. As a result, production attained the peak level of $X, and then dropped significantly in the following year.

Non-Household Fan Exports

Exports from the Czech Republic

In 2022, approx. X units of non-household ventilation fans were exported from the Czech Republic; waning by -47.2% on the previous year. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 97% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, non-household fan exports contracted notably to $X in 2022. Over the period under review, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 31% against the previous year. The exports peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

Germany (X units), Mexico (X units) and the United States (X units) were the main destinations of non-household fan exports from the Czech Republic, with a combined 68% share 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 Mexico (with a CAGR of +142.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for non-household ventilation fans exports from the Czech Republic, comprising 40% of total exports. The second position in the ranking was taken by Slovakia ($X), with an 11% share of total exports. It was followed by Poland, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-1.5% per year) and Poland (-0.4% per year).

Export Prices by Country

In 2022, the average non-household fan export price amounted to $X per unit, reducing by -3.3% against the previous year. Over the period under review, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 19% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Mexico ($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 Poland (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Household Fan Imports

Imports into the Czech Republic

Non-household fan imports into the Czech Republic contracted notably to X units in 2022, waning by -41.4% compared with the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 24%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, non-household fan imports contracted notably to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports reached the peak of $X, and then reduced rapidly in the following year.

Imports by Country

China (X units), Thailand (X units) and Germany (X units) were the main suppliers of non-household fan imports to the Czech Republic, together comprising 80% of total imports. Vietnam, the Philippines, Italy and Hungary lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +72.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-household fan suppliers to the Czech Republic were Germany ($X), China ($X) and Italy ($X), with a combined 72% share of total imports. Thailand, Hungary, Vietnam and the Philippines lagged somewhat behind, together accounting for a further 11%.

Among the main suppliers, Vietnam, with a CAGR of +74.6%, saw the highest rates of growth with regard to 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

The average non-household fan import price stood at $X per unit in 2022, remaining stable against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs 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 Italy ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform