Czech Republic: Metal Chain Parts Market 2024

Metal Chain Parts Market Size in the Czech Republic

The Czech metal chain parts market surged to $X in 2022, growing by X% against the previous year. Overall, consumption enjoyed measured growth. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Metal Chain Parts Production in the Czech Republic

In value terms, metal chain parts production contracted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Metal chain parts production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Metal Chain Parts Exports

Exports from the Czech Republic

In 2022, shipments abroad of parts of chains of iron or steel decreased by X% to X tons, falling for the third year in a row after four years of growth. Overall, exports showed a dramatic contraction. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal chain parts exports shrank significantly to $X in 2022. Over the period under review, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X tons) was the main destination for metal chain parts exports from the Czech Republic, with a X% share of total exports. Moreover, metal chain parts exports to Austria exceeded the volume sent to the second major destination, Slovakia (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Austria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Germany (X% per year).

In value terms, the largest markets for metal chain parts exported from the Czech Republic were Austria ($X), Ukraine ($X) and Poland ($X), with a combined X% share of total exports.

Among the main countries of destination, Ukraine, with a CAGR of X%, 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 metal chain parts export price amounted to $X per ton, surging by X% against the previous year. In general, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Parts Imports

Imports into the Czech Republic

In 2022, approx. X tons of parts of chains of iron or steel were imported into the Czech Republic; shrinking by X% against the year before. Over the period under review, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, metal chain parts imports fell dramatically to $X in 2022. In general, imports continue to indicate a mild shrinkage. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest metal chain parts supplier to the Czech Republic, with a X% share of total imports. Moreover, metal chain parts imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was taken by Slovakia (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Slovakia (X% per year).

In value terms, Italy ($X), Germany ($X) and Poland ($X) were the largest metal chain parts suppliers to the Czech Republic, with a combined X% share of total imports. Finland, Taiwan (Chinese), Austria, Slovakia, the UK, China, Switzerland and Slovenia lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal chain parts import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, saw a deep setback. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average 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 Switzerland ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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