Czech Republic: Market for Hydraulic Cylinders And Systems 2024

Market Size for Hydraulic Cylinders And Systems in the Czech Republic

After three years of growth, the Czech hydraulic cylinder and system market decreased by X% to $X in 2022. Over the period under review, consumption, however, saw a strong expansion. Over the period under review, the market hit record highs at $X in 2021, and then contracted dramatically in the following year.

Production of Hydraulic Cylinders And Systems in the Czech Republic

In value terms, hydraulic cylinder and system production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2021, and then fell dramatically in the following year.

Exports of Hydraulic Cylinders And Systems

Exports from the Czech Republic

In 2022, overseas shipments of hydraulic cylinders and systems increased by X% to X units, rising for the third year in a row after three years of decline. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, hydraulic cylinder and system exports expanded modestly to $X in 2022. Overall, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for hydraulic cylinder and system exports from the Czech Republic, accounting for a X% share of total exports. Moreover, hydraulic cylinder and system exports to Germany exceeded the volume sent to the second major destination, Denmark (X units), twofold. The third position in this ranking was taken by Austria (X units), with a 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: Denmark (X% per year) and Austria (X% per year).

In value terms, Germany ($X) remains the key foreign market for hydraulic cylinders and systems exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Denmark ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

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

Export Prices by Country

In 2022, the average hydraulic cylinder and system export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, export price indicated slight growth 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. The pace of growth was the most pronounced in 2019 an increase of X%. The export price peaked at $X per unit in 2021, and then declined remarkably in the following year.

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

Imports of Hydraulic Cylinders And Systems

Imports into the Czech Republic

In 2022, imports of hydraulic cylinders and systems into the Czech Republic rose markedly to X units, picking up by X% compared with 2021. Over the period under review, imports recorded a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, hydraulic cylinder and system imports expanded modestly to $X in 2022. Overall, imports showed resilient growth. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest hydraulic cylinder and system supplier to the Czech Republic, with a X% share of total imports. Moreover, hydraulic cylinder and system imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by China (X units), with a X% share.

From 2012 to 2022, 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: the United States (X% per year) and China (X% per year).

In value terms, Germany ($X) constituted the largest supplier of hydraulic cylinders and systems to the Czech Republic, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

Import Prices by Country

The average hydraulic cylinder and system import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for India ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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