Czech Republic: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in the Czech Republic

After five years of growth, the Czech jacks and hoists market decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Jacks And Hoists Production in the Czech Republic

In value terms, jacks and hoists production contracted sharply to $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Jacks And Hoists Exports

Exports from the Czech Republic

In 2022, overseas shipments of jacks and hoists for raising vehicles were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, jacks and hoists exports rose slightly to $X in 2022. In general, exports, however, recorded a noticeable decline. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for jacks and hoists exports from the Czech Republic, accounting for a X% share of total exports. Moreover, jacks and hoists exports to Germany exceeded the volume sent to the second major destination, Portugal (X units), threefold. The third position in this ranking was taken by Slovakia (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: Portugal (X% per year) and Slovakia (X% per year).

In value terms, Germany ($X) remains the key foreign market for jacks and hoists for raising vehicles exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with a X% share of total exports. It was followed by the Netherlands, 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: Portugal (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average jacks and hoists export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, posted a significant increase. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then dropped modestly in the following year.

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

Jacks And Hoists Imports

Imports into the Czech Republic

After two years of decline, purchases abroad of jacks and hoists for raising vehicles increased by X% to X units in 2022. Overall, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, jacks and hoists imports dropped dramatically to $X in 2022. In general, total imports indicated strong growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

Spain (X units), South Korea (X units) and Turkey (X units) were the main suppliers of jacks and hoists imports to the Czech Republic, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest jacks and hoists suppliers to the Czech Republic were Spain ($X), Germany ($X) and China ($X), together comprising X% of total imports.

Among the main suppliers, Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 jacks and hoists import price amounted to $X per unit, dropping by X% against the previous year. In general, the import price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then fell markedly in the following year.

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 Germany ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, 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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