Czech Republic - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Oleic Acid Price in the Czech Republic - 2023
Contents:
- Industrial Oleic Acid Price in the Czech Republic (CIF) - 2022
- Industrial Oleic Acid Price in the Czech Republic (FOB) - 2022
- Industrial Oleic Acid Imports in the Czech Republic
- Industrial Oleic Acid Exports in the Czech Republic
Industrial Oleic Acid Price in the Czech Republic (CIF) - 2022
In 2022, the average industrial oleic acid import price amounted to $2,800 per ton, surging by 9.4% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial oleic acid import price increased by +122.6% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 43%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,431 per ton), while the price for Germany ($2,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Industrial Oleic Acid Price in the Czech Republic (FOB) - 2022
In 2022, the average industrial oleic acid export price amounted to $3,118 per ton, approximately reflecting the previous year. In general, the export price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2020 an increase of 91% against the previous year. The export price peaked at $3,156 per ton in 2021, and then fell modestly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($3,361 per ton) and Hungary ($3,187 per ton), while the average price for exports to Poland ($3,067 per ton) and Romania ($3,072 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Oleic Acid Imports in the Czech Republic
In 2022, imports of industrial oleic acid into the Czech Republic fell dramatically to 870 tons, shrinking by -38.1% on the previous year. Over the period under review, imports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by 99%. As a result, imports attained the peak of 1.4K tons, and then contracted markedly in the following year.
In value terms, industrial oleic acid imports shrank significantly to $2.4M in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 183%. As a result, imports reached the peak of $3.6M, and then dropped sharply in the following year.
| Import of Industrial Oleic Acid in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 360 | 1,029 | 2,111 | 1,286 | 52.9% |
| Germany | 49.0 | 178 | 1,051 | 1,005 | 173.7% |
| Indonesia | 41.6 | 29.6 | 55.4 | 127 | 45.1% |
| Belgium | 80.5 | 18.7 | 71.3 | 12.3 | -46.5% |
| Spain | N/A | N/A | 241 | N/A | 0% |
| Poland | 631 | N/A | 21.4 | N/A | -81.6% |
| Others | 3.2 | 18.6 | 47.9 | 6.6 | 27.3% |
| Total | 1,165 | 1,274 | 3,599 | 2,436 | 27.9% |
Top Suppliers of Industrial Oleic Acid to the Czech Republic in 2022:
- Germany (440.4 tons)
- Italy (374.7 tons)
- Indonesia (48.9 tons)
- Belgium (4.1 tons)
Industrial Oleic Acid Exports in the Czech Republic
In 2022, exports of industrial oleic acid from the Czech Republic shrank notably to 25 tons, declining by -32.2% against the previous year. In general, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year.
In value terms, industrial oleic acid exports declined sharply to $78K in 2022. Overall, exports faced a significant decline. The growth pace was the most rapid in 2021 when exports increased by 194% against the previous year.
| Export of Industrial Oleic Acid in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 15.0 | 0.3 | 38.3 | 29.1 | 24.7% |
| Romania | 22.7 | 19.1 | 17.0 | 23.6 | 1.3% |
| Poland | 40.3 | 16.3 | 47.6 | 23.6 | -16.3% |
| Slovakia | 0.8 | 1.7 | N/A | 1.6 | 26.0% |
| Bulgaria | 9.3 | N/A | N/A | N/A | 0% |
| Italy | 99.8 | N/A | N/A | N/A | 0% |
| Netherlands | 21.6 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 2.1 | 13.6 | N/A | 201.1% |
| Total | 211 | 39.6 | 116 | 78.0 | -28.2% |
Top Export Markets for Industrial Oleic Acid from the Czech Republic in 2022:
- Hungary (9.1 tons)
- Romania (7.7 tons)
- Poland (7.7 tons)
- Slovakia (0.5 tons)
This report provides an in-depth analysis of the industrial oleic acid 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 20143130 - Industrial oleic acid
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
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