Pumps; Parts Thereof Price in the Czech Republic - 2023

Contents:

  1. Pumps; Parts Thereof Price in the Czech Republic (CIF) - 2023
  2. Pumps; Parts Thereof Price in the Czech Republic (FOB) - 2023
  3. Pumps; Parts Thereof Imports in the Czech Republic
  4. Pumps; Parts Thereof Exports in the Czech Republic

Pumps; Parts Thereof Price in the Czech Republic (CIF) - 2023

In June 2023, the average pumps; parts thereof import price amounted to $18,593 per ton, surging by 7.1% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 11% against the previous month. The import price peaked in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($28,722 per ton), while the price for Slovakia ($2,746 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumps; Parts Thereof Price in the Czech Republic (FOB) - 2023

In June 2023, the average pumps; parts thereof export price amounted to $21,374 per ton, shrinking by -10.9% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 26% month-to-month. The export price peaked at $23,986 per ton in May 2023, and then dropped in the following month.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was India ($40,111 per ton), while the average price for exports to the Netherlands ($8,547 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Imports in the Czech Republic

In 2022, approx. 27K tons of pumps; parts thereoves were imported into the Czech Republic; with a decrease of -3.8% compared with the previous year. Overall, imports recorded a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 17%.

In value terms, pumps; parts thereof imports fell to $452M in 2022. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 19%.

Import of Pumps; Parts Thereof in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany386302340295-8.6%
Spain23.719.734.924.30.8%
South Korea10.311.110.113.810.2%
Italy15.111.210.210.6-11.1%
China10.611.911.09.8-2.6%
Slovakia5.04.05.46.06.3%
Netherlands3.43.43.63.40.0%
Others89.179.311389.50.1%
Total543442528452-5.9%

Top Suppliers of Pumps; Parts Thereof to the Czech Republic in 2022:

  1. Germany (18.2K tons)
  2. Slovakia (2.6K tons)
  3. Spain (1.0K tons)
  4. Netherlands (0.6K tons)
  5. Italy (0.5K tons)
  6. China (0.5K tons)
  7. South Korea (0.5K tons)

Pumps; Parts Thereof Exports in the Czech Republic

In 2022, exports of pumps; parts thereoves from the Czech Republic skyrocketed to 9.6K tons, picking up by 15% compared with the year before. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, pumps; parts thereof exports expanded sharply to $177M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 7.3% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Pumps; Parts Thereof in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany61.455.849.950.8-6.1%
Slovakia22.926.526.332.512.4%
Netherlands10.811.213.214.29.6%
Italy3.22.84.59.845.2%
India3.61.21.97.929.9%
France4.45.78.17.720.5%
China8.09.113.67.0-4.4%
United States4.23.75.76.918.0%
Romania3.21.62.15.519.8%
Others41.736.439.934.2-6.4%
Total1631541651772.8%

Top Export Markets for Pumps; Parts Thereof from the Czech Republic in 2022:

  1. Germany (3132.6 tons)
  2. Netherlands (1551.6 tons)
  3. Slovakia (1276.1 tons)
  4. France (931.1 tons)
  5. Italy (519.3 tons)
  6. United States (470.5 tons)
  7. China (267.7 tons)
  8. India (223.3 tons)
  9. Romania (217.9 tons)

Source: IndexBox Market Intelligence Platform

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