Czech Republic: Smart Card Market 2025

Smart Card Market Size in the Czech Republic

The Czech smart card market declined sharply to $X in 2022, which is down by -19% against the previous year. Overall, consumption, however, posted a buoyant expansion. Smart card consumption peaked at $X in 2021, and then dropped notably in the following year.

Smart Card Production in the Czech Republic

In value terms, smart card production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, showed resilient growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 93%. Smart card production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Smart Card Exports

Exports from the Czech Republic

In 2022, overseas shipments of cards incorporating an electronic integrated circuit (smart card) were finally on the rise to reach X units after five years of decline. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 215%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, smart card exports skyrocketed to $X in 2022. In general, exports saw a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X units) was the main destination for smart card exports from the Czech Republic, accounting for a 47% share of total exports. Moreover, smart card exports to Austria exceeded the volume sent to the second major destination, France (X units), threefold. Germany (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria amounted to +63.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+32.7% per year) and Germany (+25.6% per year).

In value terms, the largest markets for smart card exported from the Czech Republic were France ($X), Slovakia ($X) and Italy ($X), together accounting for 65% of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +107.0%, recorded 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

The average smart card export price stood at $X per unit in 2022, jumping by 33% against the previous year. In general, the export price, however, faced a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Austria ($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 Italy (+1.4%), while the prices for the other major destinations experienced a decline.

Smart Card Imports

Imports into the Czech Republic

In 2022, imports of cards incorporating an electronic integrated circuit (smart card) into the Czech Republic skyrocketed to X units, with an increase of 59% compared with 2021. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 65% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, smart card imports soared to $X in 2022. In general, imports saw a slight expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of smart card to the Czech Republic, accounting for a 50% share of total imports. Moreover, smart card imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. France (X units) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.8% per year) and France (+4.8% per year).

In value terms, China ($X) constituted the largest supplier of cards incorporating an electronic integrated circuit (smart card) to the Czech Republic, comprising 57% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by France, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.1% per year) and France (-1.5% per year).

Import Prices by Country

In 2022, the average smart card import price amounted to $X per unit, growing by 24% against the previous year. Over the period under review, the import price, however, showed a deep downturn. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 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 Switzerland ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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