Life-Jackets and Life-Belts Price in the Czech Republic - 2023

Life-Jackets and Life-Belts Price in the Czech Republic (CIF) - 2022

In 2022, the average life-jackets and life-belts import price amounted to $30,208 per ton, with a decrease of -6% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, life-jackets and life-belts import price increased by +114.5% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 61%. Over the period under review, average import prices reached the peak figure at $32,128 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($138,574 per ton), while the price for Poland ($8,968 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in the Czech Republic (FOB) - 2023

In June 2023, the average life-jackets and life-belts export price amounted to $63,602 per ton, rising by 5.5% against the previous month. Overall, export price indicated notable growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, life-jackets and life-belts export price decreased by -1.1% against April 2023 indices. The pace of growth appeared the most rapid in February 2023 an increase of 59% month-to-month. The export price peaked at $87,246 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Italy ($142K per ton), while the average price for exports to the Netherlands ($22,200 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Life-Jackets and Life-Belts Imports in the Czech Republic

Life-jackets and life-belts imports into the Czech Republic skyrocketed to 87 tons in 2022, picking up by 53% compared with 2021 figures. In general, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, life-jackets and life-belts imports skyrocketed to $2.6M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 60%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Life-Jackets and Life-Belts in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	315	317	510	853	39.4%
United States	70.3	76.6	302	369	73.8%
Poland	220	160	216	263	6.1%
Italy	74.6	88.4	24.0	152	26.8%
Spain	5.2	0.6	1.0	144	202.5%
Cambodia	113	46.3	117	141	7.7%
United Kingdom	84.6	22.3	84.4	134	16.6%
Germany	132	91.5	137	97.5	-9.6%
Netherlands	48.7	29.3	24.4	50.0	0.9%
Taiwan (Chinese)	0.6	0.7	0.3	35.7	290.4%
France	31.7	27.0	120	29.1	-2.8%
Others	291	278	288	349	6.2%
Total	1,387	1,138	1,824	2,617	23.6%

Top Suppliers of Life-Jackets and Life-Belts to the Czech Republic in 2022:

Poland (29.3 tons)
China (29.3 tons)
Spain (3.5 tons)
Germany (3.4 tons)
United States (2.7 tons)
Cambodia (2.6 tons)
Netherlands (2.2 tons)
Taiwan (Chinese) (1.9 tons)
United Kingdom (1.5 tons)
Italy (1.4 tons)
France (1.3 tons)

Life-Jackets and Life-Belts Exports in the Czech Republic

In 2022, exports of life-jackets and life-beltses from the Czech Republic rose sharply to 36 tons, growing by 12% on the year before. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, life-jackets and life-belts exports surged to $2M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Life-Jackets and Life-Belts in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	349	277	363	471	10.5%
France	137	137	149	280	26.9%
Italy	220	167	210	256	5.2%
Turkey	5.1	5.2	27.9	134	197.3%
Slovakia	154	157	170	117	-8.8%
Poland	60.0	79.8	80.6	85.2	12.4%
Netherlands	21.1	19.6	32.9	66.9	46.9%
Spain	32.4	21.4	51.8	61.2	23.6%
Rwanda	N/A	4.2	N/A	54.0	258.6%
Switzerland	22.8	38.8	75.4	46.8	27.1%
Hungary	26.2	32.9	47.0	42.1	17.1%
Austria	26.2	32.1	42.6	38.5	13.7%
Slovenia	19.5	20.3	20.9	31.3	17.1%
Others	310	286	384	278	-3.6%
Total	1,384	1,278	1,654	1,963	12.4%