Czech Republic: Way-Type Unit Head Market 2024

Way-Type Unit Head Market Size in the Czech Republic

In 2021, after four years of growth, there was significant decline in the Czech way-type unit head market, when its value decreased by -23.4% to $X. Overall, consumption, however, posted a prominent expansion. Way-type unit head consumption peaked at $X in 2020, and then shrank notably in the following year.

Way-Type Unit Head Production in the Czech Republic

In value terms, way-type unit head production declined rapidly to $X in 2021 estimated in export price. In general, production, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of 241%. Over the period under review, production hit record highs at $X in 2020, and then dropped sharply in the following year.

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Way-Type Unit Head Exports

Exports from the Czech Republic

In 2021, shipments abroad of way-type unit heads for working metal decreased by -80.4% to X tons, falling for the second year in a row after two years of growth. Overall, exports faced a dramatic descent. The pace of growth was the most pronounced in 2015 when exports increased by 173% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, way-type unit head exports declined rapidly to $X in 2021. In general, exports recorded a significant decline. The growth pace was the most rapid in 2015 when exports increased by 145% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons), Slovakia (X tons) and Hungary (X tons) were the main destinations of way-type unit head exports from the Czech Republic, together accounting for 88% of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +78.3%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for way-type unit head exported from the Czech Republic were Poland ($X), Slovakia ($X) and Hungary ($X), together accounting for 61% of total exports.

In terms of the main countries of destination, Hungary, with a CAGR of +44.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average way-type unit head export price stood at $X per ton in 2021, surging by 167% against the previous year. Over the period under review, the export price, however, recorded a pronounced decline. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, 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 India ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+50.2%), while the prices for the other major destinations experienced more modest paces of growth.

Way-Type Unit Head Imports

Imports into the Czech Republic

For the fourth year in a row, the Czech Republic recorded decline in supplies from abroad of way-type unit heads for working metal, which decreased by -44.5% to X tons in 2021. Over the period under review, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2017 when imports increased by 89%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, way-type unit head imports shrank rapidly to $X in 2021. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 113%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Italy (X tons) and Switzerland (X tons) were the main suppliers of way-type unit head imports to the Czech Republic, with a combined 81% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +4.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of way-type unit heads for working metal to the Czech Republic, comprising 43% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 21% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-15.5% per year) and China (+2.5% per year).

Import Prices by Country

The average way-type unit head import price stood at $X per ton in 2021, rising by 19% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. 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 the average import price increased by 115% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 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, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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