Czech Republic: Knitting Machines Market 2024

Knitting Machines Market Size in the Czech Republic

The Czech knitting machines market declined remarkably to $X in 2023, shrinking by X% against the previous year. In general, consumption, however, recorded pronounced growth. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2023, consumption stood at a somewhat lower figure.

Knitting Machines Production in the Czech Republic

In value terms, knitting machines production shrank sharply to $X in 2023 estimated in export price. In general, production, however, recorded a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X,050,800%. As a result, production attained the peak level of $X. From 2016 to 2023, production growth failed to regain momentum.

Knitting Machines Exports

Exports from the Czech Republic

In 2023, approx. X units of knitting machineses were exported from the Czech Republic; declining by X% compared with the previous year's figure. In general, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked at X units in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, knitting machines exports contracted modestly to $X in 2023. Overall, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Germany (X units), Slovakia (X units) and India (X units) were the main destinations of knitting machines exports from the Czech Republic, with a combined X% share of total exports. Poland, Austria, Turkey, Uzbekistan, the Netherlands, Italy and Bangladesh lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the key foreign market for knitting machineses exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average knitting machines export price amounted to $X per unit, almost unchanged from the previous year. In general, the export price saw a temperate expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Knitting Machines Imports

Imports into the Czech Republic

Knitting machines imports into the Czech Republic dropped modestly to X units in 2023, remaining relatively unchanged against 2022. Over the period under review, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, knitting machines imports dropped sharply to $X in 2023. In general, imports, however, continue to indicate noticeable growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, China (X units) constituted the largest knitting machines supplier to the Czech Republic, accounting for a X% share of total imports. Moreover, knitting machines imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The United States (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, Germany ($X) constituted the largest supplier of knitting machineses to the Czech Republic, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average knitting machines import price stood at $X per unit in 2023, which is down by X% against the previous year. In general, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform