Report Update: May 1, 2024

Czech Republic - Spindles And Spindle Flyers, Spinning Ring And Ring Travellers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Spindles and Spindle Flyer in the Czech Republic - 2023

Price for Spindles and Spindle Flyer in the Czech Republic (FOB) - 2023

In June 2023, the average spindles and spindle flyer export price amounted to $28,531 per ton, standing approximately at the previous month. Over the period under review, export price indicated a tangible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, spindles and spindle flyer export price decreased by -8.2% against April 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 30% month-to-month. The export price peaked at $31,066 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In June 2023, the highest price was recorded for prices to China ($34,285 per ton) and Pakistan ($28,738 per ton), while the average price for exports to Bangladesh ($25,773 per ton) and India ($28,118 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Spindles and Spindle Flyer in the Czech Republic (CIF) - 2022

The average spindles and spindle flyer import price stood at $7,255 per ton in 2022, which is down by -14.4% against the previous year. In general, the import price showed a slight curtailment. The growth pace was the most rapid in 2013 when the average import price increased by 35%. The import price peaked at $13,413 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($9,944 per ton), while the price for France ($5,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Spindles and Spindle Flyer in the Czech Republic

In 2022, the amount of spindles and spindle flyers, spinning ring and ring travellers exported from the Czech Republic soared to 2K tons, picking up by 23% against the previous year. Overall, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 117%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, spindles and spindle flyer exports surged to $42M in 2022. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 129%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Spindles and Spindle Flyer in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	3.3	1.6	14.2	27.2	102.0%
China	5.9	0.1	6.8	7.4	7.8%
Japan	N/A	1.1	2.8	3.0	65.1%
Pakistan	1.8	0.9	1.5	1.3	-10.3%
Vietnam	0.5	0.1	0.2	1.1	30.1%
Bangladesh	1.0	1.7	2.5	0.8	-7.2%
Netherlands	7.6	5.4	1.3	0.4	-62.5%
Italy	1.0	0.5	0.4	0.1	-53.6%
Malaysia	2.6	2.2	2.0	N/A	-12.3%
Others	2.3	0.8	1.1	1.1	-21.8%
Total	26.0	14.3	32.8	42.2	17.5%

Top Export Markets for Spindles and Spindle Flyer from the Czech Republic in 2022:

India (1312.1 tons)
China (304.9 tons)
Japan (144.2 tons)
Pakistan (53.6 tons)
Vietnam (38.2 tons)
Bangladesh (35.2 tons)
Netherlands (19.8 tons)
Italy (2.5 tons)

Imports of Spindles and Spindle Flyer in the Czech Republic

In 2022, supplies from abroad of spindles and spindle flyers, spinning ring and ring travellers was finally on the rise to reach 91 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spindles and spindle flyer imports surged to $661K in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Spindles and Spindle Flyer in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	308	355	273	423	11.2%
France	106	97.7	125	96.9	-2.9%
Switzerland	18.0	17.3	38.0	49.4	40.0%
Others	91.6	28.5	99.2	91.5	-0.0%
Total	524	498	535	661	8.0%

Top Suppliers of Spindles and Spindle Flyer to the Czech Republic in 2022:

Germany (64.0 tons)
France (17.5 tons)
Switzerland (5.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for spindles and spindle flyer 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 28945130 - Spindles and spindle flyers, spinning ring and ring travellers

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