Czech Republic - Processed Petroleum Oils and Distillates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Processed Petroleum Oils and Distillates in the Czech Republic - 2023
Contents:
- Price for Processed Petroleum Oils and Distillates in the Czech Republic (CIF) - 2023
- Price for Processed Petroleum Oils and Distillates in the Czech Republic (FOB) - 2023
- Imports of Processed Petroleum Oils and Distillates in the Czech Republic
- Exports of Processed Petroleum Oils and Distillates in the Czech Republic
Price for Processed Petroleum Oils and Distillates in the Czech Republic (CIF) - 2023
In July 2023, the average import price for processed petroleum oils and distillates amounted to $949 per ton, standing approximately at the previous month. Over the period under review, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in October 2022 an increase of 11% month-to-month. Over the period under review, average import prices hit record highs at $1,272 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Belgium ($1,201 per ton) and Austria ($1,075 per ton), while the price for Slovakia ($837 per ton) and Germany ($949 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (-2.3%), while the prices for the other major suppliers experienced a decline.
Price for Processed Petroleum Oils and Distillates in the Czech Republic (FOB) - 2023
In July 2023, the average export price for processed petroleum oils and distillates amounted to $1,042 per ton, growing by 4% against the previous month. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in June 2023 an increase of 7.3% month-to-month. The export price peaked at $1,332 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In July 2023, the highest price was recorded for prices to Ukraine ($1,245 per ton) and Germany ($1,126 per ton), while the average price for exports to Hungary ($992 per ton) and Poland ($1,001 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Processed Petroleum Oils and Distillates in the Czech Republic
Processed petroleum oils and distillates imports into the Czech Republic soared to 8.3M tons in 2022, jumping by 46% against 2021 figures. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, processed petroleum oils and distillates imports soared to $3.9B in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 63%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Processed Petroleum Oils and Distillates in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,055 | 713 | 1,297 | 2,489 | 33.1% |
| Slovakia | 566 | 417 | 672 | 820 | 13.2% |
| Austria | 174 | 119 | 226 | 168 | -1.2% |
| Poland | 140 | 149 | 226 | 142 | 0.5% |
| Netherlands | 36.7 | 140 | 116 | 118 | 47.6% |
| Others | 129 | 98.5 | 135 | 177 | 11.1% |
| Total | 2,102 | 1,636 | 2,672 | 3,914 | 23.0% |
Top Suppliers of Processed Petroleum Oils and Distillates to the Czech Republic in 2022:
- Germany (5.3M tons)
- Slovakia (1.9M tons)
- Netherlands (0.3M tons)
- Poland (0.3M tons)
- Austria (0.3M tons)
Exports of Processed Petroleum Oils and Distillates in the Czech Republic
In 2022, approx. 1.4M tons of processed petroleum oils and distillates were exported from the Czech Republic; declining by -22.3% compared with the year before. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports attained the peak of 1.8M tons, and then contracted markedly in the following year.
In value terms, processed petroleum oils and distillates exports surged to $1.7B in 2022. Overall, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 87%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Processed Petroleum Oils and Distillates in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 341 | 266 | 476 | 753 | 30.2% |
| Germany | 433 | 291 | 458 | 473 | 3.0% |
| Poland | 154 | 63.8 | 236 | 159 | 1.1% |
| Hungary | 95.8 | 73.1 | 157 | 128 | 10.1% |
| Ukraine | 2.8 | 2.2 | 2.9 | 58.9 | 176.0% |
| Austria | 45.9 | 28.0 | 43.9 | 50.6 | 3.3% |
| Others | 119 | 46.1 | 63.9 | 101 | -5.3% |
| Total | 1,191 | 770 | 1,437 | 1,724 | 13.1% |
Top Export Markets for Processed Petroleum Oils and Distillates from the Czech Republic in 2022:
- Slovakia (589.9K tons)
- Germany (367.7K tons)
- Poland (172.2K tons)
- Hungary (104.6K tons)
- Ukraine (43.8K tons)
- Austria (42.1K tons)
This report provides an in-depth analysis of the market for processed petroleum oils and distillates 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:
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
- 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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