Czech Republic: Wood Dryer Market 2023

Wood Dryer Market Size in the Czech Republic

After four years of growth, the Czech wood dryer market decreased by -50.5% to $X in 2021. In general, consumption saw a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Wood Dryer Production in the Czech Republic

In value terms, wood dryer production dropped to $X in 2021 estimated in export price. In general, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 45%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Wood Dryer Exports

Exports from the Czech Republic

In 2021, overseas shipments of dryers for wood, paper pulp, paper or paperboard increased by 173% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports posted a pronounced increase. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, wood dryer exports soared to $X in 2021. Overall, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X units), Belarus (X units) and Russia (X units) were the main destinations of wood dryer exports from the Czech Republic, with a combined 53% share of total exports. These countries were followed by Turkey, Austria, the UK and Ukraine, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +41.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Turkey ($X) and Austria ($X) constituted the largest markets for wood dryer exported from the Czech Republic worldwide, together comprising 54% of total exports.

Among the main countries of destination, Turkey, with a CAGR of +122.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood dryer export price stood at $X per unit in 2021, rising by 4.7% against the previous year. Overall, the export price posted resilient growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 106% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Dryer Imports

Imports into the Czech Republic

In 2021, approx. X units of dryers for wood, paper pulp, paper or paperboard were imported into the Czech Republic; waning by -57.8% on the year before. In general, imports, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,050% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, wood dryer imports contracted significantly to $X in 2021. Over the period under review, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 622%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Austria (X units) constituted the largest wood dryer supplier to the Czech Republic, with a 69% share of total imports. Moreover, wood dryer imports from Austria exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume from Austria stood at +35.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-9.8% per year) and Italy (-2.8% per year).

In value terms, the largest wood dryer suppliers to the Czech Republic were Austria ($X), the UK ($X) and Italy ($X), together accounting for 100% of total imports.

Among the main suppliers, Italy, with a CAGR of +145.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wood dryer import price stood at $X per unit in 2021, which is down by -35.3% against the previous year. In general, the import price showed a deep slump. The pace of growth appeared the most rapid in 2019 an increase of 97% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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