Czech Republic: Remote Control Apparatus Market 2024

Remote Control Apparatus Market Size in the Czech Republic

In 2022, the Czech remote control apparatus market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a deep reduction. Remote control apparatus consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Remote Control Apparatus Production in the Czech Republic

In value terms, remote control apparatus production soared to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Remote control apparatus production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Remote Control Apparatus Exports

Exports from the Czech Republic

In 2022, shipments abroad of radio remote control apparatus decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, remote control apparatus exports declined to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units), Hungary (X units) and Germany (X units) were the main destinations of remote control apparatus exports from the Czech Republic, together accounting for X% of total exports. Spain, Bulgaria, Mexico, South Africa, the UK, Slovakia, Romania, Austria, Belgium and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) appeared to be the largest markets for remote control apparatus exported from the Czech Republic worldwide, together comprising X% of total exports. Hungary, Mexico, Bulgaria, South Africa, the UK, Austria, Romania, Belgium, Slovakia and India lagged somewhat behind, together accounting for a further X%.

South Africa, with a CAGR of X%, 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 remote control apparatus export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a slight shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to India ($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 South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Remote Control Apparatus Imports

Imports into the Czech Republic

In 2022, supplies from abroad of radio remote control apparatus decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, remote control apparatus imports rose slightly to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest remote control apparatus supplier to the Czech Republic, with a X% share of total imports. Moreover, remote control apparatus imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Italy (X units), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of radio remote control apparatus to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by South Korea, with a 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: China (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average remote control apparatus import price amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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