Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic - 2024

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic (FOB) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic (CIF) - 2022
  3. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic
  4. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic (FOB) - 2022

In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $82 per thousand units, surging by 5.3% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by +26.6% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 68% against the previous year. The export price peaked in 2022 and is expected to retain 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 France ($201 per thousand units), while the average price for exports to the Philippines ($48 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic (CIF) - 2022

In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $62 per thousand units, declining by -8.9% against the previous year. Overall, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of 53% against the previous year. The import price peaked at $68 per thousand units in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($150 per thousand units), while the price for Slovakia ($15 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+41.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic

For the fourth year in a row, the Czech Republic recorded growth in overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which increased by 1.4% to 8.3B units in 2022. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 7.1% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment rose sharply to $680M in 2022. The total export value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2532142642671.8%
Hungary27.738.340.542.615.4%
France4.84.422.239.4101.7%
Romania22.324.030.837.819.2%
United States17.215.022.931.322.1%
Austria23.116.824.425.43.2%
Netherlands6.17.714.220.650.0%
China18.720.720.717.7-1.8%
Poland15.914.718.817.12.5%
Italy11.211.416.016.413.6%
Slovakia12.813.114.715.46.4%
Belgium13.69.310.18.4-14.8%
Philippines8.98.910.38.2-2.7%
Others10196.31271339.6%
Total5364946376808.3%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from the Czech Republic in 2022:

  1. Germany (3759.9M units)
  2. Hungary (595.5M units)
  3. Romania (448.9M units)
  4. Austria (405.5M units)
  5. Netherlands (303.2M units)
  6. United States (252.8M units)
  7. Slovakia (202.5M units)
  8. Poland (199.2M units)
  9. France (195.8M units)
  10. Philippines (170.5M units)
  11. China (160.8M units)
  12. Italy (151.1M units)
  13. Belgium (92.3M units)

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic

In 2022, overseas purchases of electrical circuit prefabricated elements, connectors, contact elements and other equipment were finally on the rise to reach 11B units after two years of decline. Over the period under review, imports, however, saw a abrupt slump. Imports peaked at 14B units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment rose rapidly to $663M in 2022. The total import value increased at an average annual rate of +8.5% over the period 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 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2882783473486.5%
Italy21.725.934.059.239.7%
China36.430.339.250.711.7%
Poland8.37.226.927.448.9%
France19.516.122.823.15.8%
Austria18.316.318.119.52.1%
Switzerland18.211.713.413.7-9.0%
Hungary7.26.411.912.219.2%
Netherlands3.66.811.311.045.1%
Slovakia6.56.26.26.0-2.6%
Others91.356.877.792.10.3%
Total5194626096638.5%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to the Czech Republic in 2022:

  1. Germany (5835.7M units)
  2. Italy (936.6M units)
  3. China (736.5M units)
  4. Poland (453.3M units)
  5. Austria (423.3M units)
  6. Slovakia (406.0M units)
  7. France (341.0M units)
  8. Netherlands (194.2M units)
  9. Switzerland (192.3M units)
  10. Hungary (162.8M units)

Source: IndexBox Market Intelligence Platform

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