Czech Republic: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in the Czech Republic

For the third year in a row, the Czech market for iron or steel leaf-springs and leaves recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, the total consumption indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, the market attained the peak level in 2020 and is likely to see steady growth in the near future.

Production of Iron Or Steel Leaf-Springs And Leaves in the Czech Republic

In value terms, production of iron or steel leaf-springs and leaves amounted to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in years to come.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from the Czech Republic

For the third consecutive year, the Czech Republic recorded decline in shipments abroad of iron or steel leaf-springs and leaves, which decreased by -X% to X tons in 2020. In general, total exports indicated noticeable growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, exports of iron or steel leaf-springs and leaves dropped markedly to $X in 2020. Overall, total exports indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

The Netherlands (X tons) was the main destination for exports of iron or steel leaf-springs and leaves from the Czech Republic, accounting for a X% share of total exports. Moreover, exports of iron or steel leaf-springs and leaves to the Netherlands exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was occupied by Belgium (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Belgium (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for iron or steel leaf-spring and leave exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and France (+X% per year).

Export Prices by Country

The average export price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into the Czech Republic

In 2020, imports of iron or steel leaf-springs and leaves into the Czech Republic fell notably to X tons, waning by -X% against the previous year's figure. Over the period under review, imports, however, posted measured growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. from 2012 to 2020, the growth of imports remained at a lower figure.

In value terms, imports of iron or steel leaf-springs and leaves dropped to $X in 2020. Overall, total imports indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tons) constituted the largest iron or steel leaf-spring and leave supplier to the Czech Republic, with a X% share of total imports. Moreover, imports of iron or steel leaf-springs and leaves from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was occupied by Belgium (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Belgium (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of iron or steel leaf-spring and leave to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2007 to 2020, 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: Poland (+X% per year) and Austria (+X% per year).

Import Prices by Country

The average import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, rising by X% against the previous year. In general, import price indicated slight growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, import price for iron or steel leaf-springs and leaves increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2020 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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