Sporting Goods Resource Guide 2021 | Page 15

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Czech Republic

For More Information about exporting to Czech Republic contact:

Vilem Fuksa

Commercial Assistant

U.S. Embassy โ€“ Prague

[email protected]

- In 2019, Czechs spent almost $500 million on bicycles, bicycle accessories, spare parts and

servicing their bicycles. More than $300 million was spent on new bicycles, with more

expensive e-bikes accounting for an increasing share of the revenue. Then Czechs spent about

$120 million on bicycle accessories and spare parts. Bicycle service revenue was $20 million.

Up to 350,000 bicycles were sold in the Czech Republic last year, of which 87,500 were e-bikes.

While the average price of a regular bicycle was about $650, e-bikes averaged $1,500.

Although Czech Republic is very strong in this segment and produces bikes and accessories,

last yearimported bikes with all accessories totaled$276 million, while exported bikes with all

accessories totaled $ 160 million.

- Golf - The Golfparada.cz website, which tracks the number of golf players in tournaments,

confirms a recent declining trend in popularity. In the first decade of the new millennium, the

Czech Republic experienced an unprecedented golf boom, with new golf courses cropping up

all around the country. However, just over 30,000 golfers took part in official competitions last

year, down from 33,000 four years ago signaling a steady decline.

- Winter sports - Czech Republic has a strong reputation in the winter sport segment.

According to preliminary CZSO data, the Czech Republic exported more than twice as many

skis, snowboards and other equipment for winter sports in 2019 as it imported. Czechs are

among the top five European countries with regard toexports of equipment for ski disciplines.

However, as with cycling equipment, there is a constant demand for foreign winter sport goods

of good quality.

- Other sporting, hunting or target-shooting shotguns, including combination

shotgun-rifles/Other sporting, hunting or target-shooting rifles - Sport shooting has a great

history in the Czech Republic and is a very popular hobby.

ยท - Fishing rods, fishhooks and all other fishing supplies and equipment โ€“ as sport shooting,

fishing is also traditionally popular, however the segment is supported by many local and

regional producers

Of the other sporting goods, paddleboards are experiencing a boom, with a steady increase in sales.

Retailers also report an almost 1000% increase in sales of loading bars, dumbbells and weights for strength training during this spring โ€“ coinciding with the closure of gyms and sport facilities due to Covid 19 restrictions.