Czech Republic: Hide Repairing Machinery Market 2024

Hide Repairing Machinery Market Size in the Czech Republic

The Czech hide repairing machinery market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption posted a strong expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Hide Repairing Machinery Production in the Czech Republic

In value terms, hide repairing machinery production shrank modestly to $X in 2022 estimated in export price. In general, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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Hide Repairing Machinery Exports

Exports from the Czech Republic

In 2022, the amount of machinery for making or repairing articles of hides, skins or leather exported from the Czech Republic soared to X units, rising by X% against 2021 figures. In general, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hide repairing machinery exports soared to $X in 2022. Over the period under review, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X units) was the main destination for hide repairing machinery exports from the Czech Republic, accounting for a X% share of total exports. Moreover, hide repairing machinery exports to Italy exceeded the volume sent to the second major destination, Slovakia (X units), twofold. The United States (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 Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and the United States (X% per year).

In value terms, Slovakia ($X), Italy ($X) and Poland ($X) were the largest markets for hide repairing machinery exported from the Czech Republic worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Slovakia, with a CAGR of X%, 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 mixed trend patterns.

Export Prices by Country

The average hide repairing machinery export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, 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 Slovakia ($X per unit), while the average price for exports to the United States ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hide Repairing Machinery Imports

Imports into the Czech Republic

For the fourth consecutive year, the Czech Republic recorded decline in purchases abroad of machinery for making or repairing articles of hides, skins or leather, which decreased by X% to X units in 2022. In general, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hide repairing machinery imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) was the main supplier of hide repairing machinery to the Czech Republic, with a X% share of total imports. It was followed by China (X units), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Italy ($X) constituted the largest supplier of machinery for making or repairing articles of hides, skins or leather to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X.9% per year) and China (X% per year).

Import Prices by Country

In 2022, the average hide repairing machinery import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price posted a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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