Czech Republic: Base Metal Padlock Market 2024

Base Metal Padlock Market Size in the Czech Republic

In 2023, the Czech base metal padlock market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, continues to indicate strong growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Base Metal Padlock Production in the Czech Republic

In value terms, base metal padlock production soared to $X in 2023 estimated in export price. In general, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Base metal padlock production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Base Metal Padlock Exports

Exports from the Czech Republic

In 2023, approx. X tons of base metal padlocks were exported from the Czech Republic; waning by X% on the previous year's figure. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, base metal padlock exports fell slightly to $X in 2023. In general, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Slovakia (X tons) and Sweden (X tons) were the main destinations of base metal padlock exports from the Czech Republic, with a combined X% share of total exports. Hungary, Austria, Poland, Serbia and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, 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, Germany ($X) remains the key foreign market for base metal padlocks exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

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

Export Prices by Country

The average base metal padlock export price stood at $X per ton in 2023, jumping by X% against the previous year. Overall, the export price saw a modest expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

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

Base Metal Padlock Imports

Imports into the Czech Republic

After two years of growth, overseas purchases of base metal padlocks decreased by X% to X tons in 2023. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports remained at a lower figure.

In value terms, base metal padlock imports surged to $X in 2023. In general, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, China (X tons) constituted the largest base metal padlock supplier to the Czech Republic, with a X% share of total imports. Moreover, base metal padlock imports from China exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), fourfold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and Poland (X% per year).

In value terms, China ($X), Slovakia ($X) and Germany ($X) were the largest base metal padlock suppliers to the Czech Republic, together comprising X% of total imports.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average base metal padlock import price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform