Czech Republic: Domestic Coffee Machine Market 2024

Domestic Coffee Machine Market Size in the Czech Republic

For the fourth year in a row, the Czech domestic coffee machine market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, recorded pronounced growth. Domestic coffee machine consumption peaked in 2022 and is likely to see steady growth in years to come.

Domestic Coffee Machine Production in the Czech Republic

In value terms, domestic coffee machine production stood at $X in 2022 estimated in export price. In general, production showed a pronounced slump. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Domestic Coffee Machine Exports

Exports from the Czech Republic

Domestic coffee machine exports from the Czech Republic dropped notably to X units in 2022, with a decrease of X% compared with the previous year. Over the period under review, exports recorded a noticeable setback. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, domestic coffee machine exports contracted significantly to $X in 2022. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then declined markedly in the following year.

Exports by Country

Germany (X units) was the main destination for domestic coffee machine exports from the Czech Republic, accounting for a X% share of total exports. Moreover, domestic coffee machine exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), twofold. The third position in this ranking was held by Poland (X units), with an X% share.

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

In value terms, Germany ($X) remains the key foreign market for domestic electric coffee or tea makers exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

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

Export Prices by Country

In 2022, the average domestic coffee machine export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Bulgaria ($X 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 Ireland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Coffee Machine Imports

Imports into the Czech Republic

In 2022, the amount of domestic electric coffee or tea makers imported into the Czech Republic shrank remarkably to X units, dropping by X% against the previous year's figure. Over the period under review, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then dropped rapidly in the following year.

In value terms, domestic coffee machine imports shrank sharply to $X in 2022. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

Germany (X units), China (X units) and Slovakia (X units) were the main suppliers of domestic coffee machine imports to the Czech Republic, together comprising 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 Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest domestic coffee machine suppliers to the Czech Republic were China ($X), Germany ($X) and Poland ($X), together comprising X% of total imports. Slovakia, Hungary, Italy and the Netherlands lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 domestic coffee machine import price amounted to $X per unit, increasing by X% against the previous year. Overall, import price indicated a moderate 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, domestic coffee machine import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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