Czech Republic: Pedestrian-Controlled Tractor Market 2024

Pedestrian-Controlled Tractor Market Size in the Czech Republic

The Czech pedestrian-controlled tractor market shrank to $X in 2022, dropping by -8% against the previous year. Overall, consumption continues to indicate a perceptible decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pedestrian-Controlled Tractor Production in the Czech Republic

In value terms, pedestrian-controlled tractor production shrank to $X in 2022 estimated in export price. Overall, production recorded a perceptible setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 23%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Pedestrian-Controlled Tractor Exports

Exports from the Czech Republic

In 2022, shipments abroad of pedestrian-controlled tractors increased by 96% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 556%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pedestrian-controlled tractor exports soared to $X in 2022. Overall, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 506%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X units) was the main destination for pedestrian-controlled tractor exports from the Czech Republic, with a 31% share of total exports. Moreover, pedestrian-controlled tractor exports to Poland exceeded the volume sent to the second major destination, Slovakia (X units), twofold. The third position in this ranking was held by Romania (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled +32.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+36.2% per year) and Romania (+45.7% per year).

In value terms, the largest markets for pedestrian-controlled tractor exported from the Czech Republic were Poland ($X), Slovakia ($X) and Greece ($X), with a combined 58% share of total exports.

Greece, with a CAGR of +259.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pedestrian-controlled tractor export price stood at $X per unit in 2022, jumping by 24% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Egypt ($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 Greece (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pedestrian-Controlled Tractor Imports

Imports into the Czech Republic

In 2022, after two years of growth, there was significant decline in overseas purchases of pedestrian-controlled tractors, when their volume decreased by -44.5% to X units. In general, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 131% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then fell rapidly in the following year.

In value terms, pedestrian-controlled tractor imports fell notably to $X in 2022. Over the period under review, imports showed a noticeable setback. The growth pace was the most rapid in 2017 when imports increased by 185% against the previous year. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

China (X units), Denmark (X units) and Italy (X units) were the main suppliers of pedestrian-controlled tractor imports to the Czech Republic, with a combined 73% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +30.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Germany ($X) and Switzerland ($X) constituted the largest pedestrian-controlled tractor suppliers to the Czech Republic, with a combined 66% share of total imports. These countries were followed by Italy, China, the United States, Russia, the Netherlands, Sweden, Slovakia, the UK and South Korea, which together accounted for a further 29%.

China, with a CAGR of +50.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 pedestrian-controlled tractor import price amounted to $X per unit, dropping by -8.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 27% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 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 Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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