Czech Republic: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in the Czech Republic

In 2022, the Czech non-numerically controlled sharpening machine market increased by 22% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +40.0% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in the Czech Republic

In value terms, non-numerically controlled sharpening machine production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 3% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from the Czech Republic

In 2022, after four years of growth, there was significant decline in overseas shipments of non-numerically controlled sharpening machines for working metal, when their volume decreased by -26.4% to X units. Overall, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of 75% against the previous year. The exports peaked at X units in 2021, and then declined significantly in the following year.

In value terms, non-numerically controlled sharpening machine exports fell rapidly to $X in 2022. In general, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by 74%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

Germany (X units), Slovakia (X units) and Poland (X units) were the main destinations of non-numerically controlled sharpening machine exports from the Czech Republic, with a combined 76% share of total exports. Hungary, the Netherlands, Latvia and Denmark lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +75.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Slovakia ($X) and Germany ($X) constituted the largest markets for non-numerically controlled sharpening machine exported from the Czech Republic worldwide, with a combined 73% share of total exports.

In terms of the main countries of destination, Denmark, with a CAGR of +52.5%, saw the highest rates of growth with regard to 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 non-numerically controlled sharpening machine export price amounted to $X per unit, stabilizing at the previous year. Overall, the export price saw a measured increase. The growth pace was the most rapid in 2016 when the average export price increased by 48% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Latvia ($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 Slovakia (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into the Czech Republic

Non-numerically controlled sharpening machine imports into the Czech Republic rose notably to X units in 2022, picking up by 12% against 2021. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by 60%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, non-numerically controlled sharpening machine imports rose modestly to $X in 2022. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 +28.4% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by 48%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X units) and Germany (X units) were the main suppliers of non-numerically controlled sharpening machine imports to the Czech Republic.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +7.0%).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled sharpening machines for working metal to the Czech Republic, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.1%.

Import Prices by Country

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, waning by -6.7% against the previous year. Over the period under review, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Germany stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%).

Source: IndexBox Platform

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