Czech Republic: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2023

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in the Czech Republic

In 2021, the Czech market for machine-tools for working stone, ceramics, and concrete increased by 54% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a significant increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in the Czech Republic

In value terms, machine tools for working stone production rose to $X in 2021 estimated in export price. In general, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 121% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from the Czech Republic

In 2021, overseas shipments of machine-tools for working stone, ceramics, and concrete decreased by -0.1% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, exports, however, posted a tangible expansion. The growth pace was the most rapid in 2014 when exports increased by 213%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, machine tools for working stone exports fell to $X in 2021. Overall, total exports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -22.5% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of 164%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X units), Germany (X units) and Slovakia (X units) were the main destinations of machine tools for working stone exports from the Czech Republic, with a combined 83% share of total exports. These countries were followed by Hungary, Austria, Serbia and the United States, which together accounted for a further 8.3%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +68.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machine tools for working stone exported from the Czech Republic were Germany ($X), Poland ($X) and Slovakia ($X), together accounting for 65% of total exports. Serbia, Austria, Hungary and the United States lagged somewhat behind, together comprising a further 15%.

Austria, with a CAGR of +60.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2021, approximately mirroring the previous year. In general, the export price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2015 an increase of 125%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Serbia ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into the Czech Republic

In 2021, purchases abroad of machine-tools for working stone, ceramics, and concrete increased by 117% to X units, rising for the second consecutive year after two years of decline. In general, imports posted significant growth. The pace of growth was the most pronounced in 2017 with an increase of 289%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, machine tools for working stone imports fell remarkably to $X in 2021. Overall, imports posted a noticeable expansion. The growth pace was the most rapid in 2017 with an increase of 257% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), Italy (X units) and Poland (X units) were the main suppliers of machine tools for working stone imports to the Czech Republic, together comprising 87% of total imports. These countries were followed by China, Spain and Austria, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +143.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Poland ($X) were the largest machine tools for working stone suppliers to the Czech Republic, together comprising 90% of total imports. China, Spain and Austria lagged somewhat behind, together comprising a further 8.8%.

Spain, with a CAGR of +90.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2021, waning by -83.6% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 98% against the previous year. The import price peaked at $X per unit in 2020, and then declined sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (-8.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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