Czech Republic: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in the Czech Republic

In 2023, the Czech jacks and hoists market decreased by X% to $X, falling for the fifth consecutive year after two years of growth. Over the period under review, consumption recorded a perceptible descent. Jacks and hoists consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Jacks And Hoists Production in the Czech Republic

In value terms, jacks and hoists production fell to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.

Jacks And Hoists Exports

Exports from the Czech Republic

In 2023, exports of jacks and hoists for raising vehicles from the Czech Republic declined to X units, falling by X% compared with 2022 figures. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports attained the peak of X units. From 2016 to 2023, the growth of the exports failed to regain momentum.

In value terms, jacks and hoists exports totaled $X in 2023. Overall, exports showed a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for jacks and hoists exports from the Czech Republic, with a X% share of total exports. Moreover, jacks and hoists exports to Germany exceeded the volume sent to the second major destination, Portugal (X units), fourfold. The third position in this ranking was held by Spain (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Spain (X% per year).

In value terms, Germany ($X) remains the key foreign market for jacks and hoists for raising vehicles exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average jacks and hoists export price stood at $X per unit in 2023, picking up by X% against the previous year. In general, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Jacks And Hoists Imports

Imports into the Czech Republic

In 2023, the amount of jacks and hoists for raising vehicles imported into the Czech Republic reached X units, growing by X% against the previous year's figure. Overall, imports enjoyed a strong increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, jacks and hoists imports skyrocketed to $X in 2023. Over the period under review, total imports indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Spain (X units), China (X units) and Turkey (X units) were the main suppliers of jacks and hoists imports to the Czech Republic, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jacks and hoists suppliers to the Czech Republic were Spain ($X), Germany ($X) and China ($X), with a combined X% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of X%, recorded 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 2023, the average jacks and hoists import price amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform