Czech Republic - Lentils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLentil Price in the Czech Republic - 2023
Contents:
- Lentil Price in the Czech Republic (CIF) - 2022
- Lentil Price in the Czech Republic (FOB) - 2023
- Lentil Imports in the Czech Republic
- Lentil Exports in the Czech Republic
Lentil Price in the Czech Republic (CIF) - 2022
The average lentil import price stood at $1,279 per ton in 2022, growing by 22% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lentil import price increased by +105.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,772 per ton), while the price for Russia ($1,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Lentil Price in the Czech Republic (FOB) - 2023
The average lentil export price stood at $1,846 per ton in June 2023, which is down by -5.1% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 26% m-o-m. As a result, the export price attained the peak level of $2,044 per ton. From March 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In June 2023, the country with the highest price was Hungary ($2,071 per ton), while the average price for exports to Slovakia ($1,787 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 Hungary (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Lentil Imports in the Czech Republic
In 2022, approx. 11K tons of lentils were imported into the Czech Republic; approximately equating the previous year's figure. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lentil imports surged to $13M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 52%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Lentil in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.8 | 2.9 | 4.1 | 5.4 | 44.2% |
| Turkey | 0.5 | 0.8 | 1.3 | 2.6 | 73.2% |
| Russia | 1.9 | 1.6 | 2.4 | 2.6 | 11.0% |
| Netherlands | N/A | 0.8 | 1.1 | 1.5 | 36.9% |
| Slovakia | 0.3 | 0.5 | 0.6 | 0.6 | 26.0% |
| Poland | 0.4 | 0.4 | 0.4 | 0.2 | -20.6% |
| Ukraine | 0.2 | 0.7 | 0.2 | 0.1 | -20.6% |
| Others | 0.5 | 0.8 | 0.7 | 0.5 | 0.0% |
| Total | 5.6 | 8.5 | 11.0 | 13.4 | 33.8% |
Top Suppliers of Lentil to the Czech Republic in 2022:
- Canada (4.6K tons)
- Russia (2.4K tons)
- Turkey (1.8K tons)
- Netherlands (0.8K tons)
- Slovakia (0.4K tons)
- Ukraine (0.1K tons)
- Poland (0.1K tons)
Lentil Exports in the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in shipments abroad of lentils, which increased by 14% to 3K tons in 2022. The total export volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, lentil exports surged to $5.1M in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Lentil in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 127 | 718 | 2,290 | 2,659 | 175.6% |
| Slovakia | 1,060 | 891 | 949 | 1,589 | 14.4% |
| Hungary | 238 | 239 | 359 | 397 | 18.6% |
| Poland | 91.8 | 85.0 | 223 | 108 | 5.6% |
| Turkey | N/A | N/A | N/A | 59.0 | 0% |
| Romania | 98.3 | 59.5 | 98.6 | 45.3 | -22.8% |
| Italy | 124 | 538 | 108 | 33.3 | -35.5% |
| Others | 125 | 217 | 312 | 175 | 11.9% |
| Total | 1,864 | 2,748 | 4,339 | 5,066 | 39.6% |
Top Export Markets for Lentil from the Czech Republic in 2022:
- Germany (1523.6 tons)
- Slovakia (991.1 tons)
- Hungary (275.7 tons)
- Poland (65.7 tons)
- Turkey (48.0 tons)
- Italy (22.1 tons)
- Romania (20.6 tons)
This report provides an in-depth analysis of the lentil 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 201 - Lentils, dry
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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