Czech Republic - Refined Olive Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Olive Oil Price in the Czech Republic - 2023
Contents:
- Refined Olive Oil Price in the Czech Republic (CIF) - 2023
- Refined Olive Oil Price in the Czech Republic (FOB) - 2023
- Refined Olive Oil Imports in the Czech Republic
- Refined Olive Oil Exports in the Czech Republic
Refined Olive Oil Price in the Czech Republic (CIF) - 2023
In August 2023, the average refined olive oil import price amounted to $7,443 per ton, rising by 15% against the previous month. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in November 2022 an increase of 154% m-o-m. As a result, import price reached the peak level of $8,399 per ton. From December 2022 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($8,835 per ton), while the price for Greece ($2,430 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Olive Oil Price in the Czech Republic (FOB) - 2023
The average refined olive oil export price stood at $7,874 per ton in August 2023, increasing by 9.6% against the previous month. Over the period under review, the export price enjoyed measured growth. The most prominent rate of growth was recorded in April 2023 an increase of 103% against the previous month. The export price peaked at $8,332 per ton in October 2022; however, from November 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In August 2023, the countries with the highest prices were Slovakia ($8,072 per ton) and Romania ($7,969 per ton), while the average price for exports to Croatia ($7,169 per ton) and Bulgaria ($7,589 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Olive Oil Imports in the Czech Republic
In 2022, supplies from abroad of refined olive oil was finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, refined olive oil imports soared to $5M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Refined Olive Oil in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 786 | 574 | 659 | 3,314 | 61.6% |
| Italy | 819 | 524 | 586 | 850 | 1.2% |
| Greece | 580 | 601 | 631 | 705 | 6.7% |
| Germany | 312 | 141 | 57.7 | 44.8 | -47.6% |
| Others | 121 | 41.5 | 83.8 | 69.3 | -17.0% |
| Total | 2,619 | 1,881 | 2,018 | 4,983 | 23.9% |
Top Suppliers of Refined Olive Oil to the Czech Republic in 2022:
- Spain (760.7 tons)
- Greece (235.5 tons)
- Italy (191.3 tons)
- Germany (6.9 tons)
Refined Olive Oil Exports in the Czech Republic
After two years of decline, shipments abroad of refined olive oil increased by 743% to 624 tons in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, refined olive oil exports skyrocketed to $3M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Refined Olive Oil in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 169 | 73.0 | 34.2 | 785 | 66.9% |
| Romania | 143 | 18.4 | 47.0 | 666 | 67.0% |
| Slovakia | 537 | 359 | 246 | 528 | -0.6% |
| Croatia | 8.1 | 8.3 | 6.6 | 525 | 301.7% |
| Bulgaria | 10.0 | 2.4 | 7.9 | 429 | 250.1% |
| Others | 54.9 | 67.8 | 32.0 | 51.4 | -2.2% |
| Total | 922 | 529 | 374 | 2,984 | 47.9% |
Top Export Markets for Refined Olive Oil from the Czech Republic in 2022:
- Poland (159.5 tons)
- Romania (134.7 tons)
- Slovakia (118.2 tons)
- Croatia (115.5 tons)
- Bulgaria (87.7 tons)
This report provides an in-depth analysis of the refined olive oil 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:
- Prodcom 10415310 - Refined olive oil and its fractions (excluding chemically modified)
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
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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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