Czech Republic: Lift And Hoist Market 2024

Lift And Hoist Market Size in the Czech Republic

After two years of decline, the Czech lift and hoist market increased by X% to $X in 2022. In general, consumption posted a noticeable increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Lift And Hoist Production in the Czech Republic

In value terms, lift and hoist production expanded sharply to $X in 2022 estimated in export price. Overall, the total production indicated a temperate 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. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Lift and hoist production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Lift And Hoist Exports

Exports from the Czech Republic

Lift and hoist exports from the Czech Republic soared to X units in 2022, jumping by X% on the previous year. Overall, exports showed a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, lift and hoist exports rose rapidly to $X in 2022. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Slovakia (X units) was the main destination for lift and hoist exports from the Czech Republic, accounting for a X% share of total exports. Moreover, lift and hoist exports to Slovakia exceeded the volume sent to the second major destination, the Netherlands (X units), tenfold. Canada (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Canada (X% per year).

In value terms, Slovakia ($X) remains the key foreign market for lifts and hoists exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average lift and hoist export price amounted to $X per unit, dropping by X% against the previous year. In general, export price indicated modest 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. Based on 2022 figures, lift and hoist export price decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average 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 Canada ($X per unit), while the average price for exports to Spain ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lift And Hoist Imports

Imports into the Czech Republic

After two years of decline, supplies from abroad of lifts and hoists increased by X% to X units in 2022. In general, imports, however, saw a mild downturn. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, lift and hoist imports surged to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), Slovakia (X units) and Italy (X units) were the main suppliers of lift and hoist imports to the Czech Republic, with a combined X% share of total imports.

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

In value terms, Italy ($X), Spain ($X) and Slovakia ($X) constituted the largest lift and hoist suppliers to the Czech Republic, with a combined X% share of total imports.

In terms of the main suppliers, Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to 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 lift and hoist import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then reduced sharply 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 Italy ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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