Czech Republic - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in the Czech Republic - 2023
Contents:
- Multimeter Price in the Czech Republic (CIF) - 2022
- Multimeter Price in the Czech Republic (FOB) - 2022
- Multimeter Imports in the Czech Republic
- Multimeter Exports in the Czech Republic
Multimeter Price in the Czech Republic (CIF) - 2022
The average multimeter import price stood at $20 per unit in 2022, falling by -34.8% against the previous year. Over the period under review, the import price, however, saw a strong expansion. The growth pace was the most rapid in 2013 when the average import price increased by 105% against the previous year. The import price peaked at $31 per unit in 2021, and then declined notably 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 Hungary ($82 per unit), while the price for Hong Kong SAR ($2.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Multimeter Price in the Czech Republic (FOB) - 2022
In 2022, the average multimeter export price amounted to $68 per unit, falling by -13.9% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, multimeter export price decreased by -34.3% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 55%. The export price peaked at $103 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($173 per unit), while the average price for exports to Bulgaria ($14 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 Russia (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Imports in the Czech Republic
In 2022, imports of multimeters into the Czech Republic contracted rapidly to 683K units, which is down by -46.9% against the previous year's figure. In general, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 34%. As a result, imports attained the peak of 1.3M units, and then declined remarkably in the following year.
In value terms, multimeter imports reduced notably to $14M in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. As a result, imports reached the peak of $40M, and then declined sharply in the following year.
| Import of Multimeter in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 8.3 | 6.0 | 3.1 | 5.3 | -13.9% |
| China | 2.0 | 2.1 | 2.3 | 2.4 | 6.3% |
| South Korea | 3.6 | 2.7 | 2.4 | 2.4 | -12.6% |
| Germany | 1.4 | 0.9 | 1.4 | 0.8 | -17.0% |
| United States | 0.4 | 0.5 | 0.4 | 0.4 | 0.0% |
| Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
| Others | 4.1 | 8.3 | 30.3 | 2.4 | -16.3% |
| Total | 19.8 | 20.5 | 39.9 | 13.8 | -11.3% |
Top Suppliers of Multimeter to the Czech Republic in 2022:
- China (347.5K units)
- South Korea (120.9K units)
- Hungary (64.0K units)
- United States (54.9K units)
- Germany (42.8K units)
- Hong Kong SAR (14.8K units)
Multimeter Exports in the Czech Republic
In 2022, the amount of multimeters exported from the Czech Republic dropped to 159K units, waning by -3.7% compared with the previous year. Overall, exports continue to indicate a abrupt decline. The exports peaked at 287K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, multimeter exports reduced notably to $11M in 2022. In general, exports recorded a dramatic downturn. The smallest decline of -8.3% was in 2021. Over the period under review, the exports attained the peak figure at $23M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Multimeter in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9,386 | 6,008 | 6,211 | 4,891 | -19.5% |
| Hungary | 272 | 275 | 322 | 1,020 | 55.4% |
| Slovakia | 646 | 597 | 706 | 693 | 2.4% |
| China | 748 | 423 | 225 | 399 | -18.9% |
| Austria | 868 | 474 | 402 | 359 | -25.5% |
| Turkey | 845 | 506 | 304 | 300 | -29.2% |
| France | 397 | 186 | 320 | 260 | -13.2% |
| Poland | 943 | 437 | 381 | 247 | -36.0% |
| Italy | 1,048 | 669 | 528 | 227 | -39.9% |
| Romania | 293 | 146 | 164 | 93.5 | -31.7% |
| Slovenia | 144 | 115 | 77.8 | 91.8 | -13.9% |
| Bulgaria | 87.6 | 61.7 | 59.1 | 52.1 | -15.9% |
| Russia | 594 | 418 | 89.1 | 12.2 | -72.6% |
| Others | 6,883 | 3,850 | 3,203 | 2,129 | -32.4% |
| Total | 23,155 | 14,166 | 12,992 | 10,776 | -22.5% |
Top Export Markets for Multimeter from the Czech Republic in 2022:
- Hungary (40.8K units)
- Germany (38.1K units)
- Slovakia (22.2K units)
- Poland (10.5K units)
- Slovenia (6.2K units)
- Austria (4.4K units)
- Bulgaria (3.8K units)
- France (3.5K units)
- China (2.8K units)
- Turkey (2.7K units)
- Romania (1.8K units)
- Italy (1.5K units)
- Russia (0.1K units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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