Bucket conveyors market in Czechia

Earlier Report Observations

The Czech market for bucket conveyors expanded between 2018 and 2019, with domestic production reaching its peak at 17.4 million USD in 2019, which drove the total market size to 19.1 million USD.

Industrial activity was sharply disrupted in 2020 by the COVID-19 pandemic, causing production to drop to 9.7 million USD and the market to contract. A recovery lifted the market to 13.1 million USD in 2021, though production fell again in 2022 to 11.2 million USD, consistent with reported declines in output.

Market size rebounded to 14.7 million USD in 2023 before declining once more to 9.5 million USD in 2024, illustrating sustained volatility in demand over the period.

Production bucket conveyors in Czechia

In value, 2018-2021, K $ US

In 2021, the output value of bucket conveyors in Czechia reached 12 198 thousand US dollars, marking a sharp increase of 25.9% compared to the previous year. Looking at the period from 2018 to 2021, production decreased by 13.4%, which translates to an average annual decline of 4.7%. The highest value was recorded in 2019 at 17 391 thousand US dollars, while the lowest was in 2020 at 9 686 thousand US dollars. The most significant drop occurred in 2020, with a decline of 44.3%.

Annual dynamics of production in Czechia in value, 2018-2021, K $ US

In kind, 2018-2021, unit

Czechia's production of bucket conveyors grew for the third consecutive year. In 2021, the country produced 1 664 units, representing a 16.3% increase from 2020. Over the period from 2018 to 2021, production surged by 264.9%, averaging an annual growth rate of 54.0%.

Annual dynamics of production in Czechia in kind, 2018-2021, unit

Exports bucket conveyors from Czechia

Exports in kind, unit

The market exhibited volatility during the observed period. Export volumes reached their lowest point in 2020 and peaked in 2021, showing a 6.3-fold difference between these years. In 2021, exports from Czechia amounted to 333.0 units, reflecting a dramatic rise of 528.3% compared to 2020. The minimum value was recorded in 2020 at 53.0 units, while the largest decline occurred in 2019 with a drop of 36.9%.

Annual dynamics of product's exports from Czechia in kind, 2018-2021, unit

From 2018 to 2021, Austria, the Netherlands, and Russia were the primary destinations for bucket conveyors exported from Czechia. Austria accounted for 57.4% of exports in kind, the Netherlands for 17.5%, and Russia for 7.4%. Together, these three countries represented 82.3% of total exports in kind.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Czechia in kind, 2018-2021

Exports in value, K $ US

The market demonstrated volatility over the observed period. Export values fluctuated, with a 2.5-fold difference between the low in 2020 and the high in 2021. In 2021, exports from Czechia were valued at 2 766 thousand US dollars, indicating a significant increase of 152.8% year-over-year. The minimum value was recorded in 2020 at 1 094 thousand US dollars, and the largest decline took place in 2019 with a decrease of 36.9%.

Annual dynamics of product's exports from Czechia in value, 2018-2021, K $ US

Between 2018 and 2021, Austria, Russia, and the Netherlands remained the main destinations for bucket conveyors exported from Czechia in value terms. Austria contributed 58.6% of export value, Russia 11.8%, and the Netherlands 10.5%. Collectively, these three countries accounted for 80.9% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Czechia in value, 2018-2021

Imports bucket conveyors to Czechia

Imports in kind, unit

The market displayed volatile behavior during these years. Import volumes bottomed in 2020 and peaked in 2019, with a 10.3-fold difference between these two years. In 2021, imports into Czechia totaled 188.0 units, showing a sharp increase of 74.1% from the previous year. The minimum value was recorded in 2020 at 108.0 units, while the maximum was in 2019 at 1 112.1 units. The largest decline occurred in 2020 with a drop of 90.3%, and the largest increase was in 2019 with a surge of 531.9%.

Annual dynamics of product's imports to Czechia in kind, 2018-2021, unit

From 2018 to 2021, Sweden, Denmark, and Slovakia formed the main group of sources for imports in kind of bucket conveyors to Czechia. Sweden accounted for 63.2% of imports in kind, Denmark for 10.9%, and Slovakia for 7.9%. Together, these three countries represented 81.9% of total import flows in kind.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Czechia in kind, 2018-2021

Imports in value, K $ US

The market showed signs of volatility over the observed period. Import values varied, with a 2.6-fold difference between the low in 2020 and the high in 2018. In 2021, imports into Czechia were valued at 3 661 thousand US dollars, marking a sharp increase of 103.7% compared to the previous year. The minimum value was recorded in 2020 at 1 797 thousand US dollars, and the largest decline occurred in 2020 with a decrease of 42.7%.

Annual dynamics of product's imports to Czechia in value, 2018-2021, K $ US

Over the period from 2018 to 2021, Sweden, Denmark, and Germany were the main suppliers of bucket conveyors to Czechia in value terms. Sweden accounted for 62.1% of import value, Denmark for 11.7%, and Germany for 5.9%. Collectively, these three countries comprised 79.7% of total imports in value terms.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Czechia in value, 2018-2021