Czech Republic: Thermoforming Machine Market 2024

Thermoforming Machine Market Size in the Czech Republic

In 2021, the Czech thermoforming machine market increased by 8.5% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Thermoforming Machine Production in the Czech Republic

In value terms, thermoforming machine production rose modestly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 468%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Thermoforming Machine Exports

Exports from the Czech Republic

In 2021, the amount of thermoforming machines for working rubber or plastics exported from the Czech Republic soared to X units, jumping by 72% compared with the year before. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 554% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, thermoforming machine exports soared to $X in 2021. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 137%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

Bulgaria (X units), Germany (X units) and the Netherlands (X units) were the main destinations of thermoforming machine exports from the Czech Republic, together accounting for 45% of total exports. Poland, Sweden, Italy, France, Austria, Finland, Slovakia, Denmark and Belgium lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +1,207.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for thermoforming machines for working rubber or plastics exports from the Czech Republic, comprising 34% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 8.5% share of total exports. It was followed by France, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+126.9% per year) and France (+43.4% per year).

Export Prices by Country

The average thermoforming machine export price stood at $X per unit in 2021, shrinking by -3.4% against the previous year. Overall, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of 386% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+122.6%), while the prices for the other major destinations experienced more modest paces of growth.

Thermoforming Machine Imports

Imports into the Czech Republic

In 2021, the amount of thermoforming machines for working rubber or plastics imported into the Czech Republic shrank rapidly to X units, with a decrease of -51.2% on 2020 figures. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by 482%. Over the period under review, imports reached the peak figure at X units in 2020, and then shrank sharply in the following year.

In value terms, thermoforming machine imports stood at $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 23% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Denmark (X units) and Germany (X units) were the main suppliers of thermoforming machine imports to the Czech Republic, together comprising 71% of total imports. Brazil, Slovenia, Italy, Taiwan (Chinese) and Switzerland lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +66.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of thermoforming machines for working rubber or plastics to the Czech Republic, comprising 58% of total imports. The second position in the ranking was held by China ($X), with a 7% share of total imports. It was followed by Taiwan (Chinese), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.3% per year) and Taiwan (Chinese) (+14.7% per year).

Import Prices by Country

In 2021, the average thermoforming machine import price amounted to $X per unit, jumping by 118% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2013 an increase of 305%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+37.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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