Czech Republic: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in the Czech Republic

In 2022, the Czech lathe for removing metal market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption saw a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Lathes For Removing Metal in the Czech Republic

In value terms, lathe for removing metal production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, showed a deep reduction. Over the period under review, lafor removing metal production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Lathes For Removing Metal

Exports from the Czech Republic

In 2022, overseas shipments of lathes for removing metal increased by X% to X units, rising for the second consecutive year after five years of decline. In general, exports, however, saw a abrupt downturn. Over the period under review, the lafor removing metal exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, lathe for removing metal exports expanded sharply to $X in 2022. Over the period under review, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units), Slovakia (X units) and Egypt (X units) were the main destinations of lathe for removing metal exports from the Czech Republic, with a combined X% share of total exports. Poland, India, Hungary, Turkey, Italy, Austria, Bolivia, Romania, Indonesia and Luxembourg lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of X.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and India ($X) were the largest markets for lathe for removing metal exported from the Czech Republic worldwide, with a combined X% share of total exports. Slovakia, Austria, Poland, Turkey, Luxembourg, Indonesia, Egypt, Hungary, Romania and Bolivia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Luxembourg, with a CAGR of X.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lathe for removing metal export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

Imports of Lathes For Removing Metal

Imports into the Czech Republic

In 2022, imports of lathes for removing metal into the Czech Republic shrank to X units, with a decrease of X% on 2021. Overall, imports showed a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, lathe for removing metal imports soared to $X in 2022. Over the period under review, total imports indicated a measured increase 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 with an increase of X% against the previous year. Over the period under review, lafor removing metal imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Austria (X units), Germany (X units) and Slovakia (X units) were the main suppliers of lathe for removing metal imports to the Czech Republic, with a combined X% share of total imports. The Netherlands, the UK, Taiwan (Chinese), Denmark, Croatia, Belgium, Italy, South Korea, Japan and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of X.0%), while imports for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2022, the average lathe for removing metal import price amounted to $X per unit, surging by X% against the previous year. Overall, import price indicated a buoyant increase 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. Based on 2022 figures, lathe for removing metal import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Japan ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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