Overview of the Market for Machine-Tool For Removing Material in the Czech Republic
In value terms, machine-tool for removing material production expanded slightly to $ in estimated in export prices. Overall, production recorded perceptible growth. The growth pace was the most rapid in 2011 with an increase of % against the previous year. Machine-tool for removing material production peaked at $ in 2012; however, from 2013 to , production failed to regain the momentum.
The value of the machine-tool for removing material market in the Czech Republic dropped rapidly to $ in , declining 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). Overall, consumption saw a abrupt curtailment. The most prominent rate of growth was recorded in 2011 with an increase of % year-to-year. Machine-tool for removing material consumption peaked at $ in 2015; however, from 2016 to , consumption failed to regain the momentum.