Price for Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic - 2023
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic (FOB) - 2022
- Price for Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic (CIF) - 2023
- Exports of Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic
- Imports of Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic
Price for Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic (FOB) - 2022
In 2022, the average export price for non-furniture refrigerating or freezing equipment amounted to $269 per unit, reducing by -3.1% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-furniture refrigerating or freezing equipment export price increased by +2.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 23%. Over the period under review, the average export prices attained the peak figure at $309 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($355 per unit), while the average price for exports to Poland ($194 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 the UK (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic (CIF) - 2023
The average import price for non-furniture refrigerating or freezing equipment stood at $367 per unit in July 2023, picking up by 17% against the previous month. Overall, import price indicated a moderate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, non-furniture refrigerating or freezing equipment import price increased by +28.3% against April 2023 indices. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 39% against the previous month. Over the period under review, average import prices attained the maximum at $404 per unit in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($741 per unit), while the price for Poland ($121 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Ireland (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic
In 2022, the amount of non-furniture refrigerating or freezing equipment exported from the Czech Republic soared to 523K units, growing by 29% on 2021 figures. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, non-furniture refrigerating or freezing equipment exports surged to $141M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.6 | 18.1 | 21.6 | 33.4 | 9.3% |
| Switzerland | 5.2 | 12.4 | 23.5 | 22.1 | 62.0% |
| France | 13.5 | 8.1 | 11.1 | 14.9 | 3.3% |
| United Kingdom | 3.8 | 3.8 | 4.5 | 6.2 | 17.7% |
| Poland | 3.4 | 3.3 | 5.1 | 6.0 | 20.8% |
| Netherlands | 4.1 | 3.6 | 5.5 | 5.9 | 12.9% |
| Austria | 3.9 | 4.7 | 5.3 | 5.6 | 12.8% |
| Spain | 2.5 | 1.3 | 2.8 | 5.5 | 30.1% |
| Italy | 14.3 | 2.0 | 2.4 | 4.9 | -30.0% |
| Slovakia | 7.2 | 5.4 | 7.0 | 3.9 | -18.5% |
| Greece | 3.7 | 1.8 | 3.6 | 2.8 | -8.9% |
| Sweden | 3.1 | 2.7 | 1.8 | 2.7 | -4.5% |
| Ireland | 1.4 | 1.5 | 1.9 | 2.7 | 24.5% |
| Others | 21.3 | 14.4 | 17.1 | 24.4 | 4.6% |
| Total | 113 | 83.1 | 113 | 141 | 7.7% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from the Czech Republic in 2022:
- Germany (133.7K units)
- Switzerland (66.3K units)
- France (63.2K units)
- Poland (31.0K units)
- Spain (25.4K units)
- Italy (23.7K units)
- Netherlands (23.4K units)
- Slovakia (18.4K units)
- Austria (17.3K units)
- United Kingdom (17.3K units)
- Sweden (13.0K units)
- Greece (12.1K units)
- Ireland (10.9K units)
Imports of Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic
In 2022, imports of non-furniture refrigerating or freezing equipment into the Czech Republic rose remarkably to 239K units, with an increase of 5.6% against the previous year's figure. Over the period under review, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Imports peaked at 268K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-furniture refrigerating or freezing equipment imports amounted to $68M in 2022. Overall, imports, however, saw a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 16%. Imports peaked at $71M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Non-Furniture Refrigerating or Freezing Equipment in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.7 | 6.0 | 9.4 | 10.6 | 23.0% |
| Philippines | 11.6 | 10.7 | 9.9 | 9.4 | -6.8% |
| Italy | 10.8 | 8.0 | 7.8 | 9.3 | -4.9% |
| China | 6.6 | 7.2 | 11.0 | 8.0 | 6.6% |
| Germany | 5.7 | 7.3 | 8.4 | 5.9 | 1.2% |
| Ireland | 3.8 | 3.4 | 2.9 | 4.6 | 6.6% |
| Slovakia | 0.7 | 1.0 | 1.1 | 3.7 | 74.2% |
| Belgium | 4.0 | 3.3 | 4.2 | 3.0 | -9.1% |
| Austria | 10.7 | 2.1 | 1.9 | 1.6 | -46.9% |
| Others | 11.6 | 9.3 | 11.1 | 12.1 | 1.4% |
| Total | 71.4 | 58.3 | 67.7 | 68.1 | -1.6% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to the Czech Republic in 2022:
- France (48.8K units)
- China (46.5K units)
- Italy (44.8K units)
- Philippines (28.5K units)
- Germany (20.2K units)
- Slovakia (20.2K units)
- Ireland (17.7K units)
- Belgium (11.1K units)
- Austria (4.5K units)
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