Czech Republic: Video Projector Market 2024

Video Projector Market Size in the Czech Republic

The Czech video projector market soared to $X in 2021, rising by 89% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a perceptible increase. Video projector consumption peaked in 2021 and is likely to see gradual growth in the near future.

Video Projector Exports

Exports from the Czech Republic

In 2021, shipments abroad of video projectors decreased by -19.6% to X units, falling for the second year in a row after five years of growth. In general, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 286% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, video projector exports expanded markedly to $X in 2021. Overall, total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -5.7% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 47%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for video projector exports from the Czech Republic, accounting for a 26% share of total exports. Moreover, video projector exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), twofold. The third position in this ranking was held by Poland (X units), with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-9.4% per year) and Poland (+9.1% per year).

In value terms, Germany ($X) remains the key foreign market for video projectors exports from the Czech Republic, comprising 28% of total exports. The second position in the ranking was held by Slovakia ($X), with a 13% share of total exports. It was followed by Poland, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-9.0% per year) and Poland (+6.2% per year).

Export Prices by Country

In 2021, the average video projector export price amounted to $X per unit, growing by 40% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 206%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Hungary ($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 Slovakia (+0.4%), while the prices for the other major destinations experienced a decline.

Video Projector Imports

Imports into the Czech Republic

In 2021, approx. X units of video projectors were imported into the Czech Republic; picking up by 20% compared with the previous year. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 58%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, video projector imports surged to $X in 2021. The total import value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest video projector supplier to the Czech Republic, with a 23% share of total imports. Moreover, video projector imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fivefold. The third position in this ranking was held by Slovakia (X units), with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +23.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+2.3% per year) and Slovakia (+54.4% per year).

In value terms, Germany ($X) constituted the largest supplier of video projectors to the Czech Republic, comprising 32% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports. It was followed by Slovakia, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +23.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+1.9% per year) and Slovakia (+51.6% per year).

Import Prices by Country

The average video projector import price stood at $X per unit in 2021, with an increase of 9.7% against the previous year. In general, the import price, however, saw a perceptible setback. The growth pace was the most rapid in 2020 when the average import price increased by 85% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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