Carbonates; Potassium Carbonate Price in the Czech Republic - 2023

Contents:

  1. Carbonates; Potassium Carbonate Price in the Czech Republic (CIF) - 2023
  2. Carbonates; Potassium Carbonate Price in the Czech Republic (FOB) - 2023
  3. Carbonates; Potassium Carbonate Imports in the Czech Republic
  4. Carbonates; Potassium Carbonate Exports in the Czech Republic

Carbonates; Potassium Carbonate Price in the Czech Republic (CIF) - 2023

The average carbonates; potassium carbonate import price stood at $2,136 per ton in June 2023, increasing by 7.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in January 2023 an increase of 24% m-o-m. The import price peaked at $2,136 per ton in February 2023; afterwards, it flattened through to June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($3,299 per ton), while the price for Taiwan (Chinese) ($1,479 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Potassium Carbonate Price in the Czech Republic (FOB) - 2023

In June 2023, the average carbonates; potassium carbonate export price amounted to $3,195 per ton, increasing by 23% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in February 2023 an increase of 31% month-to-month. Over the period under review, the average export prices hit record highs in June 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5,640 per ton), while the average price for exports to Germany ($2,217 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Carbonates; Potassium Carbonate Imports in the Czech Republic

In 2022, carbonates; potassium carbonate imports into the Czech Republic surged to 14K tons, rising by 134% on the previous year's figure. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbonates; potassium carbonate imports skyrocketed to $13M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Potassium Carbonate in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1.11.01.33.648.5%
Russia0.80.70.73.055.4%
Germany1.61.21.82.617.6%
France0.10.10.21.4141.0%
Poland0.30.41.01.363.0%
Italy0.60.50.60.75.3%
Others0.2N/A0.30.314.5%
Total4.73.95.913.040.4%

Top Suppliers of Carbonates; Potassium Carbonate to the Czech Republic in 2022:

  1. South Korea (4.7K tons)
  2. Russia (4.4K tons)
  3. Germany (2.2K tons)
  4. Poland (0.9K tons)
  5. Italy (0.6K tons)
  6. France (0.6K tons)

Carbonates; Potassium Carbonate Exports in the Czech Republic

Carbonates; potassium carbonate exports from the Czech Republic soared to 2.2K tons in 2022, surging by 26% compared with the year before. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, carbonates; potassium carbonate exports skyrocketed to $4.4M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carbonates; Potassium Carbonate in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34333140089237.5%
Slovenia33523131370628.2%
Italy20642.510643127.9%
Finland2763333433073.6%
Slovakia36.857.896.127495.3%
Hungary81.221418826247.8%
France13.618.014.2180136.5%
Saudi Arabia20668.9145164-7.3%
Austria3.213.1123118232.8%
Others4364516751,09736.0%
Total1,9371,7602,4034,43131.8%

Top Export Markets for Carbonates; Potassium Carbonate from the Czech Republic in 2022:

  1. Slovenia (682.9 tons)
  2. Germany (469.4 tons)
  3. Italy (250.6 tons)
  4. Finland (144.0 tons)
  5. Slovakia (117.1 tons)
  6. Hungary (104.0 tons)
  7. France (73.8 tons)
  8. Austria (48.0 tons)
  9. Saudi Arabia (47.6 tons)

Source: IndexBox Market Intelligence Platform

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