Czech Republic: Ship Propeller Market 2025

Ship Propeller Market Size in the Czech Republic

In 2022, the Czech ship propeller market increased by 30% to $X for the first time since 2015, thus ending a six-year declining trend. In general, consumption, however, continues to indicate a perceptible decrease. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Ship Propeller Production in the Czech Republic

In value terms, ship propeller production contracted to $X in 2022 estimated in export price. In general, production, however, recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 170% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Ship Propeller Exports

Exports from the Czech Republic

In 2022, ship propeller exports from the Czech Republic fell significantly to X kg, with a decrease of -99.5% on 2021. Over the period under review, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 158%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, ship propeller exports shrank significantly to $X in 2022. In general, exports saw a significant contraction. The most prominent rate of growth was recorded in 2015 with an increase of 213%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg), Germany (X kg) and Israel (X kg) were the main destinations of ship propeller exports from the Czech Republic, together accounting for 95% 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 Israel (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Germany ($X) and Israel ($X) constituted the largest markets for ship propeller exported from the Czech Republic worldwide, with a combined 85% share of total exports.

Germany, with a CAGR of 0.0%, 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 a decline.

Export Prices by Country

The average ship propeller export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 56%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($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 Norway (+34.9%), while the prices for the other major destinations experienced mixed trend patterns.

Ship Propeller Imports

Imports into the Czech Republic

In 2022, imports of ships’ or boats’ propellers and blades therefor into the Czech Republic skyrocketed to X tons, rising by 69% against 2021 figures. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 817% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, ship propeller imports skyrocketed to $X in 2022. Over the period under review, imports showed a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 566% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X kg), Belgium (X kg) and Japan (X kg) were the main suppliers of ship propeller imports to the Czech Republic, with a combined 76% share of total imports. The UK, Taiwan (Chinese) and the United States lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +102.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the UK ($X) and China ($X) appeared to be the largest ship propeller suppliers to the Czech Republic, together comprising 69% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +115.0%, 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

In 2022, the average ship propeller import price amounted to $X per ton, which is down by -6.9% against the previous year. In general, the import price saw a mild decline. The growth pace was the most rapid in 2018 when the average import price increased by 85% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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