Report Update: May 1, 2024

Czech Republic - Gearboxes and Speed Changers For Machinery And Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends And Insights

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Price for Gearboxes and Speed Changers in the Czech Republic - 2023

Price for Gearboxes and Speed Changers in the Czech Republic (FOB) - 2023

In June 2023, the average gearboxes and speed changers export price amounted to $13,591 per ton, growing by 3.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 22% against the previous month. The export price peaked in June 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Iran ($22,479 per ton), while the average price for exports to Germany ($11,065 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 Iran (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Gearboxes and Speed Changers in the Czech Republic (CIF) - 2023

The average gearboxes and speed changers import price stood at $17,429 per ton in June 2023, surging by 5.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 14% month-to-month. As a result, import price reached the peak level of $17,558 per ton. From May 2023 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($36,886 per ton), while the price for Hungary ($8,972 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Gearboxes and Speed Changers in the Czech Republic

In 2022, shipments abroad of gearboxes and speed changers decreased by -14.8% to 21K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of 25K tons, and then contracted in the following year.

In value terms, gearboxes and speed changers exports shrank rapidly to $243M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of $292M, and then declined rapidly in the following year.

Export of Gearboxes and Speed Changers in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	90.9	106	140	140	15.5%
Poland	6.7	5.7	11.6	18.3	39.8%
China	11.9	8.4	8.3	9.9	-5.9%
United States	12.7	15.5	15.9	8.3	-13.2%
Slovakia	7.6	7.1	6.9	7.1	-2.2%
Russia	26.3	15.3	15.8	4.7	-43.7%
Italy	7.0	3.6	3.2	3.8	-18.4%
Romania	3.1	2.4	2.2	2.1	-12.2%
France	7.6	4.2	5.9	2.1	-34.9%
Sweden	3.6	28.8	37.4	1.6	-23.7%
Others	37.2	35.5	44.4	45.1	6.6%
Total	215	232	292	243	4.2%

Top Export Markets for Gearboxes and Speed Changers from the Czech Republic in 2022:

Germany (14.5K tons)
Poland (1.7K tons)
China (0.7K tons)
United States (0.4K tons)
Slovakia (0.4K tons)
Romania (0.3K tons)
Italy (0.3K tons)
France (0.2K tons)
Sweden (0.2K tons)
Russia (0.2K tons)

Imports of Gearboxes and Speed Changers in the Czech Republic

In 2022, gearboxes and speed changers imports into the Czech Republic dropped modestly to 16K tons, reducing by -3% on 2021 figures. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 30%.

In value terms, gearboxes and speed changers imports declined slightly to $228M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports reached the peak of $235M, and then fell slightly in the following year.

Import of Gearboxes and Speed Changers in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	91.6	77.5	92.6	89.9	-0.6%
China	15.3	19.6	23.2	25.9	19.2%
Italy	19.6	16.8	21.9	24.2	7.3%
Poland	13.2	14.5	20.3	19.7	14.3%
United States	11.1	11.6	17.9	13.9	7.8%
Belgium	9.2	6.4	5.9	8.6	-2.2%
Spain	4.0	4.1	5.8	5.7	12.5%
Austria	10.6	10.1	11.9	5.3	-20.6%
Denmark	3.0	2.3	2.9	3.5	5.3%
Others	36.2	28.7	32.9	31.7	-4.3%
Total	214	191	235	228	2.1%

Top Suppliers of Gearboxes and Speed Changers to the Czech Republic in 2022:

Germany (5.8K tons)
Poland (3.0K tons)
China (1.9K tons)
Italy (1.8K tons)
Denmark (0.5K tons)
United States (0.4K tons)
Austria (0.4K tons)
Spain (0.4K tons)
Belgium (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for gearboxes and speed changers 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 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
Prodcom 28152434 - Gear boxes ..., worm gear boxes
Prodcom 28152440 - Other gear boxes
Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
Prodcom 28152473 - Ball or roller screws
Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)

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