Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Czech Republic - 2023

Contents:

1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Czech Republic (CIF) - 2023
2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Czech Republic (FOB) - 2023
3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in the Czech Republic
4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in the Czech Republic

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Czech Republic (CIF) - 2023

The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $5.7 per unit in December 2023, growing by 20% against the previous month. Over the period under review, the import price, however, recorded a noticeable curtailment. The growth pace was the most rapid in April 2023 when the average import price increased by 34% month-to-month. The import price peaked at $8.0 per unit in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($15.9 per unit), while the price for Germany ($4.2 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Czech Republic (FOB) - 2023

In December 2023, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $9.6 per unit, jumping by 20% against the previous month. Over the period under review, export price indicated perceptible growth from December 2022 to December 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for drawing, marking-out or mathematical calculating instrumentses increased by +23.7% against October 2023 indices. The growth pace was the most rapid in August 2023 when the average export price increased by 51% month-to-month. As a result, the export price reached the peak level of $11.3 per unit. From September 2023 to December 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Austria ($33.1 per unit), while the average price for exports to Germany ($7.7 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in the Czech Republic

In 2022, imports of drawing, marking-out or mathematical calculating instrumentses into the Czech Republic shrank significantly to 912K units, which is down by -15.5% compared with the previous year's figure. In general, imports recorded a deep setback. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports attained the peak of 1.1M units, and then shrank dramatically in the following year.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses fell to $5.2M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. As a result, imports reached the peak of $5.4M, and then reduced in the following year.

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to the Czech Republic in 2022:

1. Germany (574.3K units)
2. China (190.7K units)
3. Poland (63.1K units)
4. Netherlands (28.2K units)
5. Slovakia (18.7K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in the Czech Republic

In 2022, exports of drawing, marking-out or mathematical calculating instrumentses from the Czech Republic reached 579K units, picking up by 6.5% compared with the previous year. Overall, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 7.5% against the previous year. Over the period under review, the exports of reached the maximum at 777K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses fell to $3.5M in 2022. In general, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked at $5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from the Czech Republic in 2022:

1. Germany (449.5K units)
2. Slovakia (45.7K units)
3. Hungary (27.5K units)
4. Poland (7.0K units)
5. Russia (6.8K units)
6. Austria (5.6K units)

Source: IndexBox Market Intelligence Platform