Price for Mineral Substances Not Elsewhere Specified or Included in the Czech Republic - 2023

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in the Czech Republic (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in the Czech Republic (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in the Czech Republic
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in the Czech Republic

Price for Mineral Substances Not Elsewhere Specified or Included in the Czech Republic (CIF) - 2022

In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $257 per ton, dropping by -9.2% against the previous year. Over the period under review, the import price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2020 an increase of 30%. The import price peaked at $295 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($750 per ton), while the price for Slovakia ($91 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mineral Substances Not Elsewhere Specified or Included in the Czech Republic (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $291 per ton in 2022, shrinking by -9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 32%. The export price peaked at $338 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($729 per ton), while the average price for exports to Turkey ($106 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral Substances Not Elsewhere Specified or Included in the Czech Republic

In 2022, imports of mineral substances not elsewhere specified or includeds into the Czech Republic soared to 94K tons, jumping by 26% compared with 2021 figures. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of mineral substances not elsewhere specified or includeds expanded notably to $24M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 29%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Mineral Substances Not Elsewhere Specified or Included in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.26.89.911.817.9%
Slovakia2.83.03.94.517.1%
Netherlands1.11.71.21.715.6%
Belgium0.10.91.31.3135.1%
Austria0.20.50.80.965.1%
Poland0.80.50.80.7-4.4%
Others4.62.63.13.2-11.4%
Total16.816.220.924.012.6%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to the Czech Republic in 2022:

  1. Slovakia (49.1K tons)
  2. Germany (23.8K tons)
  3. Poland (7.5K tons)
  4. Belgium (3.2K tons)
  5. Austria (2.5K tons)
  6. Netherlands (2.2K tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in the Czech Republic

For the fourth year in a row, the Czech Republic recorded growth in overseas shipments of mineral substances not elsewhere specified or includeds, which increased by 68% to 31K tons in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 104% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of mineral substances not elsewhere specified or includeds skyrocketed to $9M in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 170%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Mineral Substances Not Elsewhere Specified or Included in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.50.11,0331,8401443.9%
Belarus7.518.520.71,585495.6%
Austria4.312.0949964507.5%
Germany68.384.5463778125.0%
Hong Kong SAR7.4244476550320.4%
United States13915077235736.9%
South Korea1831452212165.7%
India62.611491.914833.2%
Nigeria71.093.672.810614.3%
China22320557.9102-23.0%
Vietnam38.254.568.477.026.3%
Turkey25.765.314.370.439.9%
Indonesia16.147.057.866.560.4%
Others9379651,6442,16132.1%
Total1,7842,1975,9419,02171.6%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from the Czech Republic in 2022:

  1. Germany (6.3K tons)
  2. Belarus (5.0K tons)
  3. Netherlands (3.7K tons)
  4. Hong Kong SAR (2.2K tons)
  5. United States (1.5K tons)
  6. Austria (1.3K tons)
  7. Nigeria (0.9K tons)
  8. Turkey (0.7K tons)
  9. China (0.7K tons)
  10. Indonesia (0.6K tons)
  11. India (0.6K tons)
  12. Vietnam (0.6K tons)
  13. South Korea (0.6K tons)

Source: IndexBox Market Intelligence Platform

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