Czech Republic: Container Market 2024

Container Market Size in the Czech Republic

The Czech container market soared to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, showed a noticeable reduction. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Container Production in the Czech Republic

In value terms, container production skyrocketed to $X in 2023 estimated in export price. Overall, production enjoyed a mild increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Container Exports

Exports from the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in shipments abroad of tanks, casks, drums, cans, boxes and similar containers, which increased by X% to X units in 2023. Overall, total exports indicated a moderate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are likely to see steady growth in the near future.

In value terms, container exports soared to $X in 2023. In general, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for container exports from the Czech Republic, accounting for a X% share of total exports. Moreover, container exports to Germany exceeded the volume sent to the second major destination, Switzerland (X units), threefold. The third position in this ranking was held by the UK (X units), with an X% share.

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

In value terms, Germany ($X) remains the key foreign market for tanks, casks, drums, cans, boxes and similar containers exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2023, the average container export price amounted to $X per unit, jumping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

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

Container Imports

Imports into the Czech Republic

In 2023, overseas purchases of tanks, casks, drums, cans, boxes and similar containers decreased by X% to X units, falling for the third year in a row after two years of growth. Overall, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X units. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, container imports totaled $X in 2023. Over the period under review, total imports indicated a prominent increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2023, imports failed to regain momentum.

Imports by Country

Germany (X units), Poland (X units) and Slovakia (X units) were the main suppliers of container imports to the Czech Republic, with a combined X% share of total imports. The Netherlands, Italy, China, Romania, Austria and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Netherlands ($X) constituted the largest container suppliers to the Czech Republic, with a combined X% share of total imports. Slovakia, Italy, China, Austria, Romania and Russia lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 container import price stood at $X per unit in 2023, picking up by X% against the previous year. Over the period under review, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform