Report Update: May 1, 2024

Czech Republic - Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Boring Machinery Price in the Czech Republic - 2023

Boring Machinery Price in the Czech Republic (FOB) - 2022

In 2022, the average boring machinery export price amounted to $93,312 per unit, rising by 84% against the previous year. Over the period under review, the export price, however, recorded a mild descent. The export price peaked at $156,265 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($146,615 per unit), while the average price for exports to Switzerland ($26,536 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 Belgium (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Boring Machinery Price in the Czech Republic (CIF) - 2022

The average boring machinery import price stood at $105,058 per unit in 2022, rising by 46% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 126% against the previous year. The import price peaked at $125,565 per unit in 2013; however, from 2014 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 Germany ($486,352 per unit), while the price for Austria ($31,372 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Boring Machinery Exports in the Czech Republic

In 2022, the amount of boring or sinking machinery exported from the Czech Republic fell dramatically to 17 units, declining by -95.8% compared with the year before. Overall, exports recorded a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 963% against the previous year. As a result, the exports attained the peak of 404 units, and then declined remarkably in the following year.

In value terms, boring machinery exports declined markedly to $1.6M in 2022. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 695% against the previous year. As a result, the exports reached the peak of $20M, and then fell markedly in the following year.

Export of Boring Machinery in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	260	321	456	507	24.9%
Germany	291	348	348	287	-0.5%
Poland	173	206	248	184	2.1%
Slovakia	733	941	842	93.1	-49.7%
Belgium	139	118	134	87.0	-14.5%
Italy	82.8	55.3	128	79.5	-1.3%
Switzerland	N/A	4.1	59.9	19.5	118.1%
United Kingdom	50.0	68.4	17,305	17.6	-29.4%
Others	457	514	944	299	-13.2%
Total	2,186	2,576	20,466	1,573	-10.4%

Top Export Markets for Boring Machinery from the Czech Republic in 2022:

France (5.0 units)
Germany (3.0 units)
Poland (2.0 units)
Slovakia (2.0 units)
Italy (1.0 units)
Switzerland (1.0 units)
Belgium (1.0 units)

Boring Machinery Imports in the Czech Republic

In 2022, purchases abroad of boring or sinking machinery decreased by -23.7% to 29 units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2020 when imports increased by 58% against the previous year. As a result, imports attained the peak of 49 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, boring machinery imports rose rapidly to $3.1M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 32%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Boring Machinery in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	340	645	271	1,139	49.6%
United States	674	841	737	839	7.6%
China	283	325	308	299	1.9%
Italy	208	429	137	242	5.2%
United Kingdom	59.7	88.7	75.2	194	48.1%
France	78.5	72.0	343	179	31.6%
Austria	0.4	N/A	18.5	40.5	366.1%
Canada	50.3	N/A	N/A	N/A	0%
Others	222	121	853	122	-18.1%
Total	1,916	2,522	2,743	3,054	16.8%

Top Suppliers of Boring Machinery to the Czech Republic in 2022:

China (9.0 units)
United States (6.0 units)
United Kingdom (4.0 units)
Italy (3.0 units)
France (2.0 units)
Germany (2.0 units)
Austria (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the boring machinery market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023