Report Update: May 1, 2024

Czech Republic - Grinding And Sharpening Metal Finishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Price for Grinding and Sharpening Machine in the Czech Republic - 2023

Price for Grinding and Sharpening Machine in the Czech Republic (FOB) - 2023

The average grinding and sharpening machine export price stood at $245 per unit in June 2023, leveling off at the previous month. In general, the export price, however, saw pronounced growth. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 225% m-o-m. As a result, the export price reached the peak level of $658 per unit. From January 2023 to June 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the United States ($2,365 per unit), while the average price for exports to Egypt ($1.3 per unit) 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 Austria (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Grinding and Sharpening Machine in the Czech Republic (CIF) - 2023

In June 2023, the average grinding and sharpening machine import price amounted to $160 per unit, shrinking by -70.4% against the previous month. Overall, the import price, however, enjoyed modest growth. The most prominent rate of growth was recorded in November 2022 an increase of 318% month-to-month. The import price peaked at $541 per unit in May 2023, and then contracted rapidly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($395 per unit), while the price for the Netherlands ($36.6 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Grinding and Sharpening Machine in the Czech Republic

In 2022, the amount of grinding and sharpening metal finishing machines exported from the Czech Republic contracted dramatically to 31K units, reducing by -18% on the previous year. Overall, exports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, the exports reached the peak of 38K units, and then declined rapidly in the following year.

In value terms, grinding and sharpening machine exports expanded notably to $12M in 2022. Over the period under review, exports recorded a slight shrinkage. The exports peaked at $13M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Grinding and Sharpening Machine in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2,131	2,814	1,984	2,040	-1.4%
Denmark	2,619	1,633	2,205	1,398	-18.9%
Slovakia	1,167	795	870	1,357	5.2%
Poland	1,269	870	793	804	-14.1%
Hungary	453	306	538	629	11.6%
Austria	68.8	68.8	67.0	314	65.9%
Netherlands	146	120	253	255	20.4%
Lithuania	51.9	117	30.7	202	57.3%
Latvia	200	1.4	15.5	35.5	-43.8%
Others	4,491	5,336	4,597	4,964	3.4%
Total	12,598	12,060	11,353	11,999	-1.6%

Top Export Markets for Grinding and Sharpening Machine from the Czech Republic in 2022:

Germany (11.7K units)
Slovakia (6.4K units)
Poland (3.9K units)
Hungary (1.9K units)
Austria (1.3K units)
Lithuania (1.2K units)
Netherlands (1.1K units)
Latvia (0.8K units)
Denmark (0.7K units)

Imports of Grinding and Sharpening Machine in the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in purchases abroad of grinding and sharpening metal finishing machines, which increased by 12% to 143K units in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, grinding and sharpening machine imports skyrocketed to $13M in 2022. Over the period under review, imports, however, continue to indicate a mild slump. Over the period under review, imports attained the maximum at $14M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Grinding and Sharpening Machine in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	6.5	7.1	4.6	6.1	-2.1%
China	2.1	2.4	3.6	3.5	18.6%
Others	5.5	3.0	2.5	3.7	-12.4%
Total	14.1	12.5	10.6	13.3	-1.9%

Top Suppliers of Grinding and Sharpening Machine to the Czech Republic in 2022:

China (86.2K units)
Germany (51.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for grinding and sharpening machine 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 28412305 - Numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412315 - Numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412325 - Other numerically controlled grinding machines in which the positioning in any one axis can be set up to accuracy > 0,01 mm
Prodcom 28412335 - Non-numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412345 - Non-numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412355 - Grinding machines for working metal, any one axis can be set to an accuracy . 0,01 mm excluding flat-surface grinding machines, cylindrical surface grinding machines
Prodcom 28412365 - Numerically controlled sharpening (tool or cutter grinding) m achines for working metal
Prodcom 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines for working metal

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