Czech Republic: Road Wheel Market 2025

Road Wheel Market Size in the Czech Republic

In 2022, the Czech road wheel market increased by 19% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption posted resilient growth. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Road Wheel Production in the Czech Republic

In value terms, road wheel production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, posted a slight expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 119% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Road Wheel Exports

Exports from the Czech Republic

In 2022, shipments abroad of road wheels decreased by -3.4% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports showed a slight descent. The pace of growth was the most pronounced in 2013 with an increase of 12% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, road wheel exports expanded sharply to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 14%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for road wheel exports from the Czech Republic, accounting for a 39% share of total exports. Moreover, road wheel exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+3.2% per year) and Italy (+7.0% per year).

In value terms, Germany ($X) remains the key foreign market for road wheels exports from the Czech Republic, comprising 37% of total exports. The second position in the ranking was held by Slovakia ($X), with a 17% share of total exports. It was followed by Italy, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+8.3% per year) and Italy (+10.5% per year).

Export Prices by Country

In 2022, the average road wheel export price amounted to $X per ton, increasing by 8.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 when the average export price increased by 9.1% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Poland ($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 the UK (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Road Wheel Imports

Imports into the Czech Republic

In 2022, purchases abroad of road wheels increased by 18% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.4% 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 +44.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 28% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, road wheel imports skyrocketed to $X in 2022. In general, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.9% 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 +56.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Poland (X tons) and Morocco (X tons) were the main suppliers of road wheel imports to the Czech Republic, together comprising 66% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Morocco (with a CAGR of +2,050.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest road wheel suppliers to the Czech Republic were Germany ($X), Morocco ($X) and Turkey ($X), with a combined 60% share of total imports.

In terms of the main suppliers, Morocco, with a CAGR of +1,652.3%, recorded the highest growth rate of 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 road wheel import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2020 an increase of 8.8% against the previous year. The import price peaked at $X per ton in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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