Price for Homogenised Composite Food Preparations in the Czech Republic - 2023

Contents:

  1. Price for Homogenised Composite Food Preparations in the Czech Republic (CIF) - 2023
  2. Price for Homogenised Composite Food Preparations in the Czech Republic (FOB) - 2023
  3. Imports of Homogenised Composite Food Preparations in the Czech Republic
  4. Exports of Homogenised Composite Food Preparations in the Czech Republic

Price for Homogenised Composite Food Preparations in the Czech Republic (CIF) - 2023

The average homogenised composite food preparations import price stood at $3,831 per ton in April 2023, rising by 2.5% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 11% m-o-m. The import price peaked at $4,119 per ton in April 2022; however, from May 2022 to April 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($7,710 per ton), while the price for Poland ($2,262 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Latvia (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in the Czech Republic (FOB) - 2023

The average homogenised composite food preparations export price stood at $4,659 per ton in April 2023, growing by 18% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($6,021 per ton), while the average price for exports to Croatia ($2,960 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Composite Food Preparations in the Czech Republic

In 2022, imports of homogenised composite food preparationses into the Czech Republic soared to 5.2K tons, growing by 17% against the previous year. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 18%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, homogenised composite food preparations imports totaled $19M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Homogenised Composite Food Preparations in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.57.38.69.921.6%
Slovakia2.82.83.64.517.1%
Spain0.50.51.21.544.2%
France0.50.81.21.337.5%
Hungary0.50.40.60.921.6%
Poland0.40.71.50.57.7%
Latvia0.10.10.20.344.2%
Italy1.0N/AN/AN/A0%
Others0.20.30.40.314.5%
Total11.612.917.419.218.3%

Top Suppliers of Homogenised Composite Food Preparations to the Czech Republic in 2022:

  1. Germany (3320.2 tons)
  2. Slovakia (690.6 tons)
  3. Spain (386.0 tons)
  4. Hungary (326.4 tons)
  5. Poland (168.4 tons)
  6. France (132.7 tons)
  7. Latvia (103.4 tons)
  8. Italy (0.4 tons)

Exports of Homogenised Composite Food Preparations in the Czech Republic

After two years of decline, shipments abroad of homogenised composite food preparationses increased by 10% to 4.7K tons in 2022. Over the period under review, exports, however, continue to indicate a abrupt downturn.

In value terms, homogenised composite food preparations exports expanded sharply to $17M in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Homogenised Composite Food Preparations in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.35.15.87.028.5%
Slovakia1.92.23.64.937.1%
IsraelN/AN/A0.30.7133.3%
Hungary0.40.30.40.720.5%
Netherlands1.30.90.60.5-27.3%
Latvia0.10.10.10.458.7%
Ukraine0.50.40.30.3-15.7%
Croatia0.20.30.30.314.5%
United Kingdom2.20.80.40.2-55.0%
Poland2.62.90.90.1-66.2%
Italy0.70.60.2N/A-46.5%
Turkey1.71.30.7N/A-35.8%
Others1.61.51.71.72.0%
Total16.616.415.316.70.2%

Top Export Markets for Homogenised Composite Food Preparations from the Czech Republic in 2022:

  1. Germany (1970.7 tons)
  2. Slovakia (1172.5 tons)
  3. Israel (292.8 tons)
  4. Hungary (214.4 tons)
  5. Netherlands (159.0 tons)
  6. Croatia (102.4 tons)
  7. Ukraine (100.1 tons)
  8. Latvia (91.0 tons)
  9. United Kingdom (49.2 tons)
  10. Poland (32.8 tons)
  11. Italy (0.1 tons)
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