Czech Republic: Underground Continuous-Action Elevator Market 2024

Underground Continuous-Action Elevator Market Size in the Czech Republic

The Czech underground continuous-action elevator market declined dramatically to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption saw a sharp contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Underground Continuous-Action Elevator Production in the Czech Republic

In value terms, underground continuous-action elevator production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a dramatic setback. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Underground Continuous-Action Elevator Exports

Exports from the Czech Republic

In 2022, overseas shipments of underground continuous-action elevators and conveyors increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, saw a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, underground continuous-action elevator exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ukraine (X units) was the main destination for underground continuous-action elevator exports from the Czech Republic, accounting for a X% share of total exports. Moreover, underground continuous-action elevator exports to Ukraine exceeded the volume sent to the second major destination, Slovakia (X units), fourfold. The third position in this ranking was held by Finland (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ukraine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Finland (X% per year).

In value terms, Ukraine ($X) remains the key foreign market for underground continuous-action elevators and conveyors exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

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

Export Prices by Country

The average underground continuous-action elevator export price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Poland ($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 Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Underground Continuous-Action Elevator Imports

Imports into the Czech Republic

In 2022, approx. X units of underground continuous-action elevators and conveyors were imported into the Czech Republic; waning by X% on 2021. Over the period under review, imports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, underground continuous-action elevator imports declined significantly to $X in 2022. In general, imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), the Netherlands (X units) and Italy (X units) were the main suppliers of underground continuous-action elevator imports to the Czech Republic. Moreover, underground continuous-action elevator imports in Germany exceeded the figures recorded by the second-largest supplier, the Netherlands, twofold.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of underground continuous-action elevators and conveyors to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports.

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: Italy (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average underground continuous-action elevator import price amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, saw a significant contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($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 UK (X.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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