Czech Republic: Electrical Circuit Apparatus Market 2024

Electrical Circuit Apparatus Market Size in the Czech Republic

The Czech electrical circuit apparatus market dropped to $X in 2021, with a decrease of X% against the previous year. Overall, consumption saw a slight curtailment. Electrical circuit apparatus consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Electrical Circuit Apparatus Production in the Czech Republic

In value terms, electrical circuit apparatus production expanded rapidly to $X in 2021 estimated in export price. In general, production saw a moderate increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

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Electrical Circuit Apparatus Exports

Exports from the Czech Republic

In 2021, overseas shipments of electrical apparatus for circuit connection, switching and protection increased by X% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electrical circuit apparatus exports surged to $X in 2021. In general, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for electrical circuit apparatus exports from the Czech Republic, with a X% share of total exports. Moreover, electrical circuit apparatus exports to Germany exceeded the volume sent to the second major destination, Poland (X units), sevenfold. The third position in this ranking was held by Austria (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Austria (X% per year).

In value terms, Germany ($X) remains the key foreign market for electrical apparatus for circuit connection, switching and protection exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Poland (X% per year).

Export Prices by Country

The average electrical circuit apparatus export price stood at $X per unit in 2021, rising by X% against the previous year. Overall, the export price saw prominent growth. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland ($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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Circuit Apparatus Imports

Imports into the Czech Republic

In 2021, approx. X units of electrical apparatus for circuit connection, switching and protection were imported into the Czech Republic; surging by X% against the previous year. Overall, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, electrical circuit apparatus imports skyrocketed to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, 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.

Imports by Country

In 2021, Germany (X units) constituted the largest electrical circuit apparatus supplier to the Czech Republic, with a X% share of total imports. Moreover, electrical circuit apparatus imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Romania (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Romania (X% per year).

In value terms, Germany ($X) constituted the largest supplier of electrical apparatus for circuit connection, switching and protection to the Czech Republic, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Austria (X% per year).

Import Prices by Country

In 2021, the average electrical circuit apparatus import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price saw a resilient increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Slovakia ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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