Report Update: Apr 1, 2024

Czech Republic - Machine Tools For Working Metal Without Removing Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Machine Tool for Metal in the Czech Republic - 2023

Price for Machine Tool for Metal in the Czech Republic (CIF) - 2023

In June 2023, the average machine tool for metal import price amounted to $2,690 per unit, waning by -57.3% against the previous month. Overall, the import price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in May 2023 when the average import price increased by 431% m-o-m. As a result, import price reached the peak level of $6,300 per unit, and then contracted markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($13,801 per unit), while the price for Italy ($145 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 Japan (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine Tool for Metal in the Czech Republic (FOB) - 2022

In 2022, the average machine tool for metal export price amounted to $706 per unit, waning by -34.6% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 368% against the previous year. Over the period under review, the average export prices reached the peak figure at $18,868 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($1,200 per unit), while the average price for exports to Lithuania ($78 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 China (+45.5%), while the prices for the other major destinations experienced a decline.

Imports of Machine Tool for Metal in the Czech Republic

Machine tool for metal imports into the Czech Republic skyrocketed to 16K units in 2022, surging by 52% compared with 2021. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 426%. As a result, imports reached the peak of 20K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, machine tool for metal imports rose to $14M in 2022. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports attained the peak of $29M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Machine Tool for Metal in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	9.7	14.1	7.1	7.4	-8.6%
Italy	1.7	1.7	0.7	1.7	0.0%
Switzerland	0.9	0.8	0.7	0.7	-8.0%
Others	6.3	12.2	5.2	4.4	-11.3%
Total	18.6	28.8	13.7	14.1	-8.8%

Top Suppliers of Machine Tool for Metal to the Czech Republic in 2022:

Germany (13.3K units)
Italy (1.2K units)
Switzerland (0.5K units)

Exports of Machine Tool for Metal in the Czech Republic

In 2022, machine tool for metal exports from the Czech Republic skyrocketed to 2.1K units, growing by 32% on 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 477% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, machine tool for metal exports declined to $1.5M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. As a result, the exports attained the peak of $2.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Machine Tool for Metal in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	217	N/A	N/A	410	23.6%
Italy	N/A	7.0	141	267	517.6%
Slovakia	86.8	281	132	264	44.9%
Poland	25.3	119	47.3	146	79.4%
Serbia	10.2	73.1	N/A	126	131.2%
United States	N/A	N/A	476	87.5	-81.6%
Lithuania	N/A	N/A	N/A	44.2	0%
Norway	N/A	0.8	123	26.6	476.6%
Russia	94.8	545	78.7	N/A	-8.9%
Germany	5.0	336	572	N/A	969.6%
Egypt	N/A	570	N/A	N/A	0%
Turkey	N/A	N/A	115	N/A	0%
Others	1,028	560	42.6	124	-50.6%
Total	1,468	2,493	1,729	1,496	0.6%

Top Export Markets for Machine Tool for Metal from the Czech Republic in 2022:

Slovakia (587.0 units)
Lithuania (564.0 units)
Mexico (342.0 units)
Italy (226.0 units)
Poland (182.0 units)
Serbia (136.0 units)
Norway (16.0 units)
United States (13.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine tool for metal 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 28413470 - Riveting machines, swaging machines and spinning lathes for working metal, machines for manufacturing flexible tubes of spiral metal strip and electro-magnetic pulse metal forming machines, and other machine tools for working metal without removing 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