Czech Republic - Animal Or Vegetable Fats And Oils Chemically Modified - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChemically Modified Oils Price in the Czech Republic - 2023
Contents:
- Chemically Modified Oils Price in the Czech Republic (CIF) - 2023
- Chemically Modified Oils Price in the Czech Republic (FOB) - 2023
- Chemically Modified Oils Imports in the Czech Republic
- Chemically Modified Oils Exports in the Czech Republic
Chemically Modified Oils Price in the Czech Republic (CIF) - 2023
In August 2023, the average chemically modified oils import price amounted to $916 per ton, approximately mirroring the previous month. Overall, the import price, however, continues to indicate a pronounced slump. Over the period under review, average import prices attained the maximum at $1,549 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the Netherlands ($1,140 per ton) and Estonia ($1,000 per ton), while the price for Belarus ($835 per ton) and Lithuania ($840 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belarus (+1.5%), while the prices for the other major suppliers experienced a decline.
Chemically Modified Oils Price in the Czech Republic (FOB) - 2023
In August 2023, the average chemically modified oils export price amounted to $1,186 per ton, surging by 6.8% against the previous month. Over the period under review, the export price, however, saw a perceptible setback. Over the period under review, the average export prices reached the peak figure at $1,565 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Hungary ($4,503 per ton), while the average price for exports to the Netherlands ($812 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+8.4%), while the prices for the other major destinations experienced a decline.
Chemically Modified Oils Imports in the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in purchases abroad of animal or vegetable fats and oils chemically modified, which increased by 9.9% to 109K tons in 2022. The total import volume increased at an average annual rate of +14.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, chemically modified oils imports skyrocketed to $154M in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Chemically Modified Oils in the Czech Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 12.3 | 16.4 | 26.4 | 45.0 | 54.1% |
Germany | 16.6 | 18.0 | 21.5 | 21.7 | 9.3% |
Netherlands | 2.7 | 3.2 | 8.0 | 18.8 | 91.0% |
Lithuania | 3.6 | 3.2 | 5.8 | 9.1 | 36.2% |
Italy | 2.1 | 6.0 | 7.0 | 8.9 | 61.8% |
Ukraine | 0.3 | 1.0 | 1.9 | 6.9 | 184.4% |
Austria | 2.3 | 3.4 | 4.6 | 5.4 | 32.9% |
Belgium | 0.5 | 0.5 | 1.7 | 4.3 | 104.9% |
Slovakia | 3.7 | 4.6 | 4.6 | 4.2 | 4.3% |
Russia | 1.2 | 2.0 | 3.3 | 3.2 | 38.7% |
Chile | 0.3 | N/A | 3.9 | 2.9 | 113.0% |
Estonia | 1.2 | 1.4 | 2.2 | 2.8 | 32.6% |
Hungary | 0.6 | 2.3 | 1.7 | 2.4 | 58.7% |
Others | 13.4 | 9.4 | 14.4 | 18.0 | 10.3% |
Total | 60.8 | 71.5 | 107 | 154 | 36.3% |
Top Suppliers of Chemically Modified Oils to the Czech Republic in 2022:
- Poland (34.2K tons)
- Germany (15.2K tons)
- Netherlands (12.2K tons)
- Lithuania (7.1K tons)
- Italy (5.7K tons)
- Ukraine (4.5K tons)
- Austria (4.0K tons)
- Slovakia (3.6K tons)
- Belgium (3.0K tons)
- Estonia (2.5K tons)
- Russia (2.0K tons)
- Hungary (1.9K tons)
- Chile (1.9K tons)
Chemically Modified Oils Exports in the Czech Republic
In 2022, exports of animal or vegetable fats and oils chemically modified from the Czech Republic contracted dramatically to 21K tons, waning by -46.2% against 2021. In general, exports, however, saw notable growth. The pace of growth was the most pronounced in 2021 with an increase of 136% against the previous year. As a result, the exports attained the peak of 39K tons, and then reduced rapidly in the following year.
In value terms, chemically modified oils exports declined dramatically to $32M in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 208%. As a result, the exports attained the peak of $52M, and then contracted significantly in the following year.
Export of Chemically Modified Oils in the Czech Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 5.6 | 7.4 | 9.9 | 9.8 | 20.5% |
Belgium | 0.1 | 3.3 | 6.5 | 9.0 | 348.1% |
Poland | 0.1 | 0.4 | 29.1 | 4.6 | 258.3% |
Hungary | 3.8 | 3.4 | 2.0 | 2.9 | -8.6% |
Netherlands | 0.1 | 0.6 | 2.3 | 2.5 | 192.4% |
Germany | 0.2 | 0.1 | 0.6 | 2.2 | 122.4% |
Slovakia | 4.6 | 1.0 | 0.6 | 0.6 | -49.3% |
Italy | 0.5 | 0.6 | 1.0 | 0.3 | -15.7% |
Others | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
Total | 15.1 | 17.0 | 52.2 | 32.1 | 28.6% |
Top Export Markets for Chemically Modified Oils from the Czech Republic in 2022:
- Austria (6.3K tons)
- Belgium (5.4K tons)
- Poland (3.2K tons)
- Netherlands (1.9K tons)
- Hungary (1.8K tons)
- Germany (1.5K tons)
- Slovakia (0.4K tons)
- Italy (0.3K tons)
This report provides an in-depth analysis of the chemically modified oils market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20592000 - Animal or vegetable fats and oils chemically modified
Country coverage:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the chemically modified oils market in the Czech Republic.
This report provides an in-depth analysis of the global chemically modified oils market.
This report provides an in-depth analysis of the chemically modified oils market in the Czech Republic.
This report provides an in-depth analysis of the global chemically modified oils market.
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