Czech Republic: Thread Rolling Machine Market 2024

Thread Rolling Machine Market Size in the Czech Republic

The Czech thread rolling machine market expanded markedly to $X in 2022, picking up by 14% against the previous year. Overall, consumption posted noticeable growth. Thread rolling machine consumption peaked in 2022 and is expected to retain growth in the near future.

Thread Rolling Machine Production in the Czech Republic

In value terms, thread rolling machine production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 15,502,700% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Thread Rolling Machine Exports

Exports from the Czech Republic

In 2022, shipments abroad of thread rolling machines for working metal, sintered metal carbides or cermets increased by 47,600% to X units, rising for the third year in a row after two years of decline. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, thread rolling machine exports soared to $X in 2022. Over the period under review, exports, however, showed a abrupt curtailment. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for thread rolling machine exports from the Czech Republic, accounting for a 92% share of total exports. Moreover, thread rolling machine exports to the United States exceeded the volume sent to the second major destination, Austria (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +112.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (0.0% per year) and India (+34.2% per year).

From 2012 to 2022, the average annual growth rate of value to the United States stood at +24.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (0.0% per year) and India (+0.7% per year).

Export Prices by Country

The average thread rolling machine export price stood at $X per unit in 2022, declining by -96.7% against the previous year. In general, the export price recorded a sharp curtailment. The most prominent rate of growth was recorded in 2018 an increase of 157%. The export price peaked at $X per unit in 2020; however, from 2021 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 India ($X per unit), while the average price for exports to the United States ($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 India (-25.0%).

Thread Rolling Machine Imports

Imports into the Czech Republic

In 2022, purchases abroad of thread rolling machines for working metal, sintered metal carbides or cermets decreased by -63.6% to X units for the first time since 2017, thus ending a four-year rising trend. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 143% against the previous year. Imports peaked at X units in 2021, and then dropped notably in the following year.

In value terms, thread rolling machine imports declined rapidly to $X in 2022. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 368% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), South Korea (X units) and Japan (X units) were the main suppliers of thread rolling machine imports to the Czech Republic, together accounting for 94% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +17.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of thread rolling machines for working metal, sintered metal carbides or cermets to the Czech Republic, comprising 80% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 12% share of total imports. It was followed by China, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value from South Korea amounted to +29.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-2.4% per year) and China (+26.2% per year).

Import Prices by Country

In 2022, the average thread rolling machine import price amounted to $X per unit, jumping by 40% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 141% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 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 South Korea ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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