Speed Changer Price in the Czech Republic - 2023
Contents:
- Speed Changer Price in the Czech Republic (CIF) - 2023
- Speed Changer Price in the Czech Republic (FOB) - 2023
- Speed Changer Imports in the Czech Republic
- Speed Changer Exports in the Czech Republic
Speed Changer Price in the Czech Republic (CIF) - 2023
In May 2023, the average speed changer import price amounted to $6,875 per ton, with an increase of 6.9% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 8.6% month-to-month. As a result, import price attained the peak level of $8,263 per ton. From September 2022 to May 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was China ($12,278 per ton), while the price for Poland ($4,674 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Price in the Czech Republic (FOB) - 2023
The average speed changer export price stood at $5,570 per ton in May 2023, dropping by -12.1% against the previous month. In general, the export price saw a pronounced setback. The pace of growth was the most pronounced in December 2022 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices hit record highs at $7,167 per ton in May 2022; however, from June 2022 to May 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($13,460 per ton), while the average price for exports to Hungary ($2,534 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Imports in the Czech Republic
Speed changer imports into the Czech Republic expanded significantly to 75K tons in 2022, increasing by 7.5% against the year before. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, speed changer imports totaled $545M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Speed Changer in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 228 | 218 | 263 | 278 | 6.8% |
| Italy | 45.6 | 41.6 | 60.6 | 71.5 | 16.2% |
| China | 36.4 | 30.3 | 36.1 | 40.8 | 3.9% |
| Austria | 15.4 | 21.5 | 29.6 | 19.8 | 8.7% |
| Slovakia | 9.3 | 9.0 | 10.6 | 11.5 | 7.3% |
| Poland | 19.3 | 6.8 | 7.4 | 8.1 | -25.1% |
| Others | 120 | 93.8 | 116 | 115 | -1.4% |
| Total | 474 | 421 | 523 | 545 | 4.8% |
Top Suppliers of Speed Changer to the Czech Republic in 2022:
- Germany (53.5K tons)
- Italy (8.0K tons)
- China (3.2K tons)
- Austria (1.8K tons)
- Slovakia (1.4K tons)
- Poland (0.6K tons)
Speed Changer Exports in the Czech Republic
In 2022, the amount of speed changers, industrial high-speed drives and gear exported from the Czech Republic was estimated at 68K tons, surging by 2.9% compared with the year before. The total export volume increased at an average annual rate of +4.9% over the period 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 when exports increased by 26%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, speed changer exports shrank slightly to $445M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. As a result, the exports attained the peak of $453M, and then shrank modestly in the following year.
| Export of Speed Changer in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 157 | 165 | 214 | 240 | 15.2% |
| Italy | 25.3 | 21.3 | 30.4 | 34.1 | 10.5% |
| Poland | 15.9 | 11.5 | 15.3 | 23.2 | 13.4% |
| Slovakia | 14.1 | 13.6 | 15.7 | 16.7 | 5.8% |
| United States | 20.8 | 20.8 | 22.7 | 16.6 | -7.2% |
| Austria | 8.2 | 8.2 | 12.5 | 10.6 | 8.9% |
| France | 19.4 | 13.0 | 12.9 | 7.3 | -27.8% |
| Spain | 5.2 | 3.7 | 5.5 | 5.3 | 0.6% |
| Hungary | 2.9 | 4.9 | 2.7 | 3.4 | 5.4% |
| Others | 107 | 108 | 121 | 88.3 | -6.2% |
| Total | 376 | 369 | 453 | 445 | 5.8% |
Top Export Markets for Speed Changer from the Czech Republic in 2022:
- Germany (47.4K tons)
- Italy (4.9K tons)
- Austria (2.6K tons)
- Poland (2.1K tons)
- Slovakia (1.5K tons)
- United States (1.3K tons)
- Hungary (1.2K tons)
- Spain (1.1K tons)
- France (0.5K tons)
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