Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic - 2023

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic (CIF) - 2023
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic (FOB) - 2023
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic (CIF) - 2023

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,514 per ton in November 2023, shrinking by -10.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 18% month-to-month. Over the period under review, average import prices hit record highs at $4,081 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the UK ($4,920 per ton), while the price for Poland ($2,976 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic (FOB) - 2023

The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $7,482 per ton in November 2023, with an increase of 31% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was China ($14,294 per ton), while the average price for exports to Lithuania ($2,828 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic

In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) imported into the Czech Republic was estimated at 50K tons, increasing by 13% on 2021. Overall, imports, however, showed a perceptible curtailment.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded significantly to $160M in 2022. The total import value increased at an average annual rate of +7.5% 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 2021 with an increase of 23%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany49.559.670.865.69.8%
Poland3.57.010.523.688.9%
China10.28.514.018.020.8%
Italy13.48.68.77.4-18.0%
Netherlands7.56.46.66.9-2.7%
Austria1.63.95.26.660.4%
Hungary9.05.15.14.8-18.9%
France7.93.84.84.1-19.6%
Belgium5.93.95.03.9-12.9%
Slovakia2.42.22.93.513.4%
Slovenia0.90.20.52.540.6%
Others16.511.113.812.7-8.4%
Total1281201481607.7%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to the Czech Republic in 2022:

  1. Germany (20.6K tons)
  2. Poland (9.4K tons)
  3. China (7.1K tons)
  4. Italy (2.1K tons)
  5. Netherlands (1.6K tons)
  6. Austria (1.6K tons)
  7. Hungary (1.3K tons)
  8. Belgium (1.2K tons)
  9. Slovenia (1.0K tons)
  10. Slovakia (1.0K tons)
  11. France (0.7K tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic

In 2022, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from the Czech Republic rose sharply to 3K tons, surging by 12% on 2021 figures. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) reduced modestly to $18M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 50%. As a result, the exports reached the peak of $19M, and then fell modestly in the following year.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia5.05.36.76.27.4%
China0.20.53.53.1149.3%
Germany1.92.43.02.36.6%
Poland0.70.81.52.246.5%
France0.91.11.21.16.9%
Hungary0.30.30.50.518.6%
Austria0.30.20.30.410.1%
India0.10.10.20.226.0%
Russia0.80.20.1N/A-64.6%
Others2.41.82.12.51.4%
Total12.612.719.118.413.5%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from the Czech Republic in 2022:

  1. Slovakia (1502.6 tons)
  2. Germany (418.3 tons)
  3. China (253.4 tons)
  4. France (204.5 tons)
  5. Poland (194.3 tons)
  6. Hungary (89.0 tons)
  7. Austria (63.6 tons)
  8. India (48.4 tons)
  9. Russia (6.8 tons)

Source: IndexBox Market Intelligence Platform

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