Czech Republic: Wind Powered Generator Market 2024

Wind Powered Generator Market Size in the Czech Republic

For the third consecutive year, the Czech wind powered generator market recorded growth in sales value, which increased by 2.8% to $X in 2021. Over the period under review, consumption showed prominent growth. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Wind Powered Generator Production in the Czech Republic

In value terms, wind powered generator production declined to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 0.6% against the previous year. Wind powered generator production peaked at $X in 2020, and then fell in the following year.

Wind Powered Generator Exports

Exports from the Czech Republic

Wind powered generator exports from the Czech Republic contracted to X units in 2021, dropping by -7.6% compared with the year before. In general, exports saw a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by 47%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, wind powered generator exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 109% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for wind powered generator exports from the Czech Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to -3.1%.

In value terms, the Netherlands ($X) also remains the key foreign market for wind powered generating sets exports from the Czech Republic.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at +13.7%.

Export Prices by Country

In 2021, the average wind powered generator export price amounted to $X per unit, picking up by 40% against the previous year. Over the period under review, the export price showed prominent growth. The growth pace was the most rapid in 2013 when the average export price increased by 83%. The export price peaked in 2021 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +17.3% per year.

Wind Powered Generator Imports

Imports into the Czech Republic

In 2021, approx. X units of wind powered generating sets were imported into the Czech Republic; with a decrease of -69.4% on the previous year. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2014 when imports increased by 706%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, wind powered generator imports reduced to $X in 2021. In general, imports showed a dramatic downturn. The pace of growth was the most pronounced in 2018 when imports increased by 5,053% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest wind powered generator supplier to the Czech Republic, with a 72% share of total imports. Moreover, wind powered generator imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), sevenfold. The third position in this ranking was held by Hong Kong SAR (X units), with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +54.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (0.0% per year) and Hong Kong SAR (+12.2% per year).

In value terms, China ($X) constituted the largest supplier of wind powered generating sets to the Czech Republic, comprising 67% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with an 11% share of total imports. It was followed by the United States, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+7.6% per year) and the United States (-19.1% per year).

Import Prices by Country

The average wind powered generator import price stood at $X per unit in 2021, surging by 185% against the previous year. In general, the import price, however, continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 3,395%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-33.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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