Czech Republic - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Czech Republic - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights

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Crude Palm Oil Price in the Czech Republic - 2023

Contents:

  1. Crude Palm Oil Price in the Czech Republic (CIF) - 2022
  2. Crude Palm Oil Price in the Czech Republic (FOB) - 2022
  3. Crude Palm Oil Imports in the Czech Republic
  4. Crude Palm Oil Exports in the Czech Republic

Crude Palm Oil Price in the Czech Republic (CIF) - 2022

In 2022, the average crude palm oil import price amounted to $2,469 per ton, with an increase of 12% against the previous year. Overall, the import price recorded slight growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 149%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($3,012 per ton) and Germany ($2,798 per ton), while the price for Sweden ($2,204 per ton) and Poland ($2,786 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Crude Palm Oil Price in the Czech Republic (FOB) - 2022

In 2022, the average crude palm oil export price amounted to $3,410 per ton, leveling off at the previous year. In general, the export price, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2021 an increase of 97%. The export price peaked at $4,587 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovakia.

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to -2.9% per year.

Crude Palm Oil Imports in the Czech Republic

In 2022, the amount of crude palm oil imported into the Czech Republic skyrocketed to 69 tons, with an increase of 25% compared with the previous year. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 159%. As a result, imports attained the peak of 73 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, crude palm oil imports skyrocketed to $171K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 107%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Crude Palm Oil in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden15.914.035.794.280.9%
Germany15.03.731.331.327.8%
Poland13.98.020.029.328.2%
NetherlandsN/A61.634.014.5-51.5%
Others2.911.30.91.8-14.7%
Total47.798.612217153.0%

Top Suppliers of Crude Palm Oil to the Czech Republic in 2022:

  1. Sweden (42.7 tons)
  2. Germany (11.2 tons)
  3. Poland (10.5 tons)
  4. Netherlands (4.8 tons)

Crude Palm Oil Exports in the Czech Republic

For the third year in a row, the Czech Republic recorded decline in overseas shipments of crude palm oil, which decreased by -40.7% to 10 tons in 2022. In general, exports recorded a significant contraction. The smallest decline of -34.7% was in 2020.

In value terms, crude palm oil exports fell significantly to $35K in 2022. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of -6.8% was in 2020.

Export of Crude Palm Oil in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia72.667.255.135.2-21.4%
OthersN/A0.43.8N/A850.0%
Total72.667.658.835.2-21.4%

Top Export Markets for Crude Palm Oil from the Czech Republic in 2022:

  1. Slovakia (10.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crude palm oil 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:

  • FCL 257 - Oil of palm

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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