Czech Republic: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in the Czech Republic

The Czech water-skis and surfboards market reduced to $X in 2022, falling by -6.3% against the previous year. Over the period under review, consumption saw resilient growth. As a result, consumption attained the peak level of $X, and then declined in the following year.

Water-Skis And Surfboards Production in the Czech Republic

In value terms, water-skis and surfboards production fell to $X in 2022 estimated in export price. In general, production, however, posted a significant increase. The growth pace was the most rapid in 2017 with an increase of 491%. Over the period under review, production hit record highs at $X in 2021, and then reduced in the following year.

Water-Skis And Surfboards Exports

Exports from the Czech Republic

In 2022, approx. X units of water-skis, surfboards and sailboards were exported from the Czech Republic; increasing by 3.6% on the year before. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 22%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, water-skis and surfboards exports contracted remarkably to $X in 2022. Over the period under review, exports recorded resilient growth. The pace of growth was the most pronounced in 2016 when exports increased by 37% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Slovakia (X units) was the main destination for water-skis and surfboards exports from the Czech Republic, with a 36% share of total exports. Moreover, water-skis and surfboards exports to Slovakia exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was held by Poland (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia stood at +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+6.3% per year) and Poland (+12.9% per year).

In value terms, the largest markets for water-skis and surfboards exported from the Czech Republic were the United States ($X), Germany ($X) and Slovakia ($X), together comprising 48% of total exports. Poland, France, Austria, Spain, Romania, the UK and Hungary lagged somewhat behind, together comprising a further 19%.

Hungary, with a CAGR of +25.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average water-skis and surfboards export price stood at $X per unit in 2022, waning by -18.5% against the previous year. In general, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 63%. As a result, the export price reached the peak level of $X per unit, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Romania ($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 Austria (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Water-Skis And Surfboards Imports

Imports into the Czech Republic

In 2022, approx. X units of water-skis, surfboards and sailboards were imported into the Czech Republic; increasing by 5.6% on the previous year. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 103%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, water-skis and surfboards imports fell to $X in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 110%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of water-skis and surfboards to the Czech Republic, accounting for a 87% share of total imports. Moreover, water-skis and surfboards imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was taken by Poland (X units), with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.6% per year) and Poland (+14.1% per year).

In value terms, China ($X) constituted the largest supplier of water-skis, surfboards and sailboards to the Czech Republic, comprising 78% of total imports. The second position in the ranking was held by Italy ($X), with a 5.9% share of total imports. It was followed by Poland, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+14.5% per year) and Poland (+19.4% per year).

Import Prices by Country

In 2022, the average water-skis and surfboards import price amounted to $X per unit, falling by -9.7% against the previous year. In general, the import price, however, showed a measured increase. The growth pace was the most rapid in 2014 an increase of 39%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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