Czech Republic: Market for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines 2024

Market Size for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in the Czech Republic

In 2022, after two years of growth, there was significant decline in the Czech market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines, when its value decreased by X% to $X. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank markedly in the following year.

Production of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in the Czech Republic

In value terms, production of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines shrank to $X in 2022 estimated in export price. In general, production faced a deep setback. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Exports from the Czech Republic

In 2022, shipments abroad of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines decreased by X% to X units, falling for the second year in a row after five years of growth. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines declined rapidly to $X in 2022. In general, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Slovakia (X units), Poland (X units) and Hungary (X units) were the main destinations of exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines from the Czech Republic, with a combined X% share of total exports. Germany, Kazakhstan, Austria, the UK, Croatia, Slovenia, Italy and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines exported from the Czech Republic were Germany ($X), Slovakia ($X) and Poland ($X), with a combined X% share of total exports. Hungary, Austria, Kazakhstan, Italy, Slovenia, the UK, Croatia and Romania lagged somewhat behind, together comprising a further X%.

Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines amounted to $X per unit, growing 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 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Kazakhstan ($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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Imports into the Czech Republic

In 2022, purchases abroad of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, saw noticeable growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports of hit record highs at X units in 2021, and then reduced remarkably in the following year.

In value terms, imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines fell sharply to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank markedly in the following year.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines to the Czech Republic, together accounting for X% of total imports. Slovakia, Italy, Poland, Spain and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Netherlands ($X) constituted the largest domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines suppliers to the Czech Republic, with a combined X% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines amounted to $X per unit, increasing by X% against the previous year. In general, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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