Czech Republic: Market for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in the Czech Republic

The Czech market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips rose slightly to $X in 2022, with an increase of X% against the previous year. In general, consumption saw significant growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in the Czech Republic

In value terms, production of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips rose markedly to $X in 2022 estimated in export price. In general, production posted a significant increase. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from the Czech Republic

In 2022, overseas shipments of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips expanded remarkably to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons) was the main destination for exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips from the Czech Republic, with a X% share of total exports. Moreover, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), sevenfold. The third position in this ranking was held by Sweden (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Sweden (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Slovakia (X% per year).

Export Prices by Country

The average export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2022, approximately equating the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips increased by X% against 2018 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

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 Slovakia ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into the Czech Republic

In 2022, approx. X tons of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips were imported into the Czech Republic; waning by X% against the previous year. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Luxembourg (X tons) were the main suppliers of imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips to the Czech Republic, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest unmounted tool inserts, sticks or plates suppliers to the Czech Republic were Germany ($X), the Netherlands ($X) and Belgium ($X), together accounting for X% of total imports.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, remaining constant against the previous year. Overall, the import price posted a strong expansion. The growth pace was the most rapid in 2015 an increase of X%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X,857 per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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