Czech Republic: Metal Threading Machine Market 2024

Metal Threading Machine Market Size in the Czech Republic

After four years of growth, the Czech metal threading machine market decreased by -79.2% to $X in 2021. In general, consumption recorded a noticeable downturn. As a result, consumption attained the peak level of $X, and then declined rapidly in the following year.

Metal Threading Machine Production in the Czech Republic

In value terms, metal threading machine production totaled $X in 2021 estimated in export price. In general, production recorded a mild curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 107%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Metal Threading Machine Exports

Exports from the Czech Republic

After three years of growth, overseas shipments of threading or tapping machines for working metal decreased by -41.8% to X units in 2021. In general, exports, however, continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 352% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal threading machine exports declined dramatically to $X in 2021. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 431%. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

Germany (X units) was the main destination for metal threading machine exports from the Czech Republic, accounting for a 63% share of total exports. Moreover, metal threading machine exports to Germany exceeded the volume sent to the second major destination, Poland (X units), sixfold. India (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +107.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-9.8% per year) and India (+17.7% per year).

In value terms, Germany ($X) remains the key foreign market for threading or tapping machines for working metal exports from the Czech Republic, comprising 57% of total exports. The second position in the ranking was taken by Poland ($X), with an 8.9% share of total exports. It was followed by Slovakia, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +129.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+16.3% per year) and Slovakia (+2.1% per year).

Export Prices by Country

In 2021, the average metal threading machine export price amounted to $X per unit, dropping by -2.8% against the previous year. Overall, the export price, however, saw significant growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 377%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then declined in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Bolivia ($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 South Africa (+226.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Threading Machine Imports

Imports into the Czech Republic

In 2021, imports of threading or tapping machines for working metal into the Czech Republic shrank dramatically to X units, which is down by -87.5% on the year before. Overall, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2020 when imports increased by 1,015% against the previous year. As a result, imports reached the peak of X units, and then declined markedly in the following year.

In value terms, metal threading machine imports declined rapidly to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 890%. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2021, China (X units) constituted the largest metal threading machine supplier to the Czech Republic, accounting for a 61% share of total imports. Moreover, metal threading machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Italy (X units) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.0% per year) and Italy (-17.7% per year).

In value terms, Germany ($X), Italy ($X) and South Korea ($X) constituted the largest metal threading machine suppliers to the Czech Republic, together comprising 61% of total imports.

Among the main suppliers, South Korea, with a CAGR of +338.8%, saw 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

In 2021, the average metal threading machine import price amounted to $X per unit, waning by -45.9% against the previous year. Overall, the import price, however, saw a mild increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 170% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average 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 United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+110.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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