Updated Jan 11, 2023 10:44

Belt And Bandolier Market in the Czech Republic

Market Overview
The Czech belt and bandolier market expanded notably to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a noticeable setback. Belt and bandolier consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.

In value terms, belt and bandolier production expanded significantly to $ in estimated in export price. In general, production, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in with an increase of %. Belt and bandolier production peaked at $ in 2008; however, from 2009 to , production failed to regain momentum.


Consumption
In , the amount of belts and bandoliers consumed in the Czech Republic rose markedly to units, surging by % compared with the year before. In general, consumption, however, showed a abrupt decline. Over the period under review, consumption reached the maximum volume at units in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.

The value of the belt and bandolier market in the Czech Republic expanded markedly to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a perceptible shrinkage. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for belt and bandolier in the Czech Republic, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Driven by a growing demand, the share of imports in total supply in the Czech Republic increased significantly over the last fifteen years (from % to %).


Trade Balance
The Czech Republic remains a net importer of belt and bandolier; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.