Earlier Report Observations
The market for vehicle jacks and hoists in Czechia contracted significantly between 2018 and 2021, with the total market size falling from 72 257 thousand US dollars to 57 034 thousand US dollars. This decline coincided with a sharp drop in domestic production, which decreased by over 25% from 2018 levels.
A reversal began in 2022, as the market grew to 59 023 thousand US dollars and continued to expand to 61 023 thousand US dollars in 2023. This recovery was underpinned by a strong rebound in production, which rose by more than 25% from its 2021 low, helping to offset earlier losses.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Czechia
- 5.1.1. In kind, 2018, 2021-2023, unit
- 5.1.2. In value, 2018-2023, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, unit
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Czechia
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, K unit
- 6.1.2.1. Annual dynamics of product's exports from Czechia in kind, 2018-2025, K unit
- 6.1.2.2. Dynamics of product's exports in kind from Czechia by countries, 2018-2025, K unit
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Czechia in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Czechia by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/unit
- 6.1.4.1. Annual dynamics of average price of product's exports from Czechia, 2018-2025, $ US/unit
- 6.1.4.2. Dynamics of average price of product's exports from Czechia by countries, 2018-2025, $ US/unit
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, K unit
- 6.2.2.1. Annual dynamics of product's exports from Czechia in kind, 2018-2025, K unit
- 6.2.2.2. Dynamics of product's exports in kind from Czechia by countries, 2018-2025, K unit
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Czechia in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Czechia by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/unit
- 6.2.4.1. Annual dynamics of average price of product's exports from Czechia, 2018-2025, $ US/unit
- 6.2.4.2. Dynamics of average price of product's exports from Czechia by countries, 2018-2025, $ US/unit
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, K unit
- 7.1.2.1. Annual dynamics of product's imports to Czechia in kind, 2018-2025, K unit
- 7.1.2.2. Dynamics of product's imports in kind to Czechia by countries, 2018-2025, K unit
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Czechia in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Czechia by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/unit
- 7.1.4.1. Annual dynamics of average price of product's imports to Czechia, 2018-2025, $ US/unit
- 7.1.4.2. Dynamics of average price of product's imports to Czechia by countries, 2018-2025, $ US/unit
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, K unit
- 7.2.2.1. Annual dynamics of product's imports to Czechia in kind, 2018-2025, K unit
- 7.2.2.2. Dynamics of product's imports in kind to Czechia by countries, 2018-2025, K unit
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Czechia in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Czechia by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/unit
- 7.2.4.1. Annual dynamics of average price of product's imports to Czechia, 2018-2025, $ US/unit
- 7.2.4.2. Dynamics of average price of product's imports to Czechia by countries, 2018-2025, $ US/unit
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K unit
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K unit
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production vehicle jacks and hoists in Czechia
In value, 2018-2021, K $ US
Czechia's production of vehicle jacks and hoists has declined for the third year in a row. In 2021, output was valued at 47 561 thousand US dollars, marking an 18.6% drop compared to 2020. Looking at the period from 2018 to 2021, production decreased by 26.2%, which translates to an annualized decline of 9.6%.
Annual dynamics of production in Czechia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.7%) | (18.6%) | (7.8%) | (9.6%) |
In kind, 2018-2021, unit
In 2021, Czechia produced 5 660 units of vehicle jacks and hoists, a figure that remained broadly stable compared to 2020. Over the 2018-2021 period, production fell by 65.9%, with a compound annual growth rate of -30.2%.
Annual dynamics of production in Czechia in kind, 2018-2021, unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | (30.2%) |
Exports vehicle jacks and hoists from Czechia
Exports in kind, K unit
Czechia's exports of vehicle jacks and hoists increased in 2021 after a two-year decline. Exports amounted to 1 047 thousand units, showing a strong rise of 15.1% compared to 2020. Over the 2018-2021 period, exports decreased by 9.6%, with a compound annual growth rate of -3.3%. The lowest volume was recorded in 2020 at 910 thousand units, following the largest decline of 13.2% in 2019.
Annual dynamics of product's exports from Czechia in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (13.2%) | (9.5%) | 15.1% | (3.3%) |
From 2018 to 2021, Germany, Russia, and Portugal were the core markets for Czechia's exports of vehicle jacks and hoists in volume terms. Germany accounted for 47.4% of exports, Russia for 13.5%, and Portugal for 9.8%, together representing 70.6% of total flows.
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
In 2021, vehicle jacks and hoists exports from Czechia reached 25 856 thousand US dollars, showing a sharp increase of 33.0% year-over-year. Between 2018 and 2021, exports grew by 8.7%, equating to an annualized rate of 2.8%. The lowest value was recorded in 2020 at 19 442 thousand US dollars, which also saw the largest decline of 22.5%.
Annual dynamics of product's exports from Czechia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.4% | (22.5%) | 33.0% | 2.8% |
From 2018 to 2021, Germany, Russia, and Slovakia remained the main buyers of vehicle jacks and hoists from Czechia in value terms. Germany accounted for 45.4% of exports, Russia for 8.6%, and Slovakia for 6.6%, jointly forming 60.7% of total exports.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Czechia in value, 2018-2021
Imports vehicle jacks and hoists to Czechia
Imports in kind, K unit
Czechia imported 1 040 thousand units of vehicle jacks and hoists in 2021, marking a slight uptick of 4.6% compared to 2020. Over the 2018-2021 period, imports decreased by 16.6%, equating to an annualized decline of 5.9%. The lowest volume was recorded in 2020 at 1 040 thousand units, while the highest was in 2019 at 1 337 thousand units. The largest decline occurred in 2020, with a drop of 22.2%.
Annual dynamics of product's imports to Czechia in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.5% | (22.2%) | 4.6% | (5.9%) |
From 2018 to 2021, Spain, South Korea, and China were the principal sources for Czechia's imports of vehicle jacks and hoists in volume terms, together accounting for 88.3% of total imports.
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
Czechia's imports of vehicle jacks and hoists increased in 2021 after a two-year contraction. Imports reached 35 330 thousand US dollars, equivalent to a sharp rise of 33.2% compared to the previous year. Over the 2018-2021 period, imports grew by 11.8%, with a compound annual growth rate of 3.8%. The lowest value was recorded in 2020 at 26 531 thousand US dollars, which also saw the largest decline of 9.2%.
Annual dynamics of product's imports to Czechia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.5%) | (9.2%) | 33.2% | 3.8% |
From 2018 to 2021, China, Germany, and Italy were the main sources for Czechia's imports of vehicle jacks and hoists in value terms. China accounted for 22.9% of imports, Germany for 17.9%, and Italy for 14.7%, together making up 55.5% of total imports.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Czechia in value, 2018-2021
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