Czech Republic: Wood Tool Market 2024

Wood Tool Market Size in the Czech Republic

The Czech wood tool market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded buoyant growth. Wood tool consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Wood Tool Production in the Czech Republic

In value terms, wood tool production surged to $X in 2022 estimated in export price. In general, production posted a perceptible expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

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Wood Tool Exports

Exports from the Czech Republic

In 2022, shipments abroad of tools of wood increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a mild setback. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wood tool exports contracted markedly to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

Germany (X tons) was the main destination for wood tool exports from the Czech Republic, with a X% share of total exports. Moreover, wood tool exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. Slovakia (X tons) 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 Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Slovakia (X% per year).

In value terms, Germany ($X) remains the key foreign market for tools of wood exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

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

Export Prices by Country

The average wood tool export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, showed a tangible increase. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then reduced sharply in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Slovakia ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Tool Imports

Imports into the Czech Republic

In 2022, purchases abroad of tools of wood was finally on the rise to reach X tons after two years of decline. Overall, total imports indicated notable growth from 2012 to 2022: its volume 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 most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wood tool imports rose notably to $X in 2022. In general, total imports indicated a remarkable 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. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Slovakia (X tons), Poland (X tons) and Ukraine (X tons) were the main suppliers of wood tool imports to the Czech Republic, together comprising X% of total imports.

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

In value terms, Slovakia ($X), Germany ($X) and Poland ($X) appeared to be the largest wood tool suppliers to the Czech Republic, with a combined X% share of total imports. Ukraine lagged somewhat behind, comprising a further X%.

Among the main suppliers, Ukraine, with a CAGR of X%, saw the highest growth rate of 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 wood tool import price amounted to $X per ton, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then declined 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 Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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