Czech Republic: Market for Parts Of Harvester And Threshers 2022

Market Size for Parts Of Harvester And Threshers in the Czech Republic

After three years of growth, the Czech market for parts of harvester and threshers decreased by -1% to $X in 2021. In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +41.2% against 2017 indices. Parts of harvester and threshers consumption peaked at $X in 2020, and then dropped slightly in the following year.

Production of Parts Of Harvester And Threshers in the Czech Republic

In value terms, parts of harvester and threshers production totaled $X in 2021 estimated in export price. Overall, production continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 148% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Parts Of Harvester And Threshers

Exports from the Czech Republic

In 2021, parts of harvester and threshers exports from the Czech Republic surged to X units, jumping by 24% compared with the previous year. Over the period under review, total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.3% 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 increased by +22.5% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, parts of harvester and threshers exports surged to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 42%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for parts of harvester and threshers exports from the Czech Republic, with a 59% share of total exports. Moreover, parts of harvester and threshers exports to Germany exceeded the volume sent to the second major destination, Austria (X units), threefold. The third position in this ranking was taken by France (X units), with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+7.9% per year) and France (-2.3% per year).

In value terms, Germany ($X) remains the key foreign market for parts of harvester and threshers exports from the Czech Republic, comprising 56% of total exports. The second position in the ranking was taken by Austria ($X), with a 15% share of total exports. It was followed by France, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+7.9% per year) and France (+1.4% per year).

Export Prices by Country

In 2021, the average export price for parts of harvester and threshers amounted to $X per unit, rising by 7.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2013 when the average export price increased by 29%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Russia ($X per unit), while the average price for exports to Austria ($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 Germany (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Harvester And Threshers

Imports into the Czech Republic

In 2021, approx. X units of parts of harvester and threshers were imported into the Czech Republic; jumping by 22% on 2020. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +66.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, parts of harvester and threshers imports skyrocketed to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +86.1% against 2016 indices. The pace of growth appeared the most rapid in 2020 with an increase of 33%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

Austria (X units), Germany (X units) and Italy (X units) were the main suppliers of parts of harvester and threshers imports to the Czech Republic, together comprising 64% of total imports. The United States, Poland, China, Bulgaria, Hungary, Slovakia, France and Sweden lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +143.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Italy ($X) appeared to be the largest parts of harvester and threshers suppliers to the Czech Republic, with a combined 56% share of total imports. These countries were followed by the United States, Poland, France, Hungary, Slovakia, Sweden, China and Bulgaria, which together accounted for a further 28%.

Bulgaria, with a CAGR of +96.7%, recorded the highest growth rate of the value of imports, among 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 parts of harvester and threshers stood at $X per unit in 2021, declining by -4.7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 11%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :