Czech Republic - Sodium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Nitrate Price in the Czech Republic - 2023
Contents:
- Sodium Nitrate Price in the Czech Republic (FOB) - 2023
- Sodium Nitrate Price in the Czech Republic (CIF) - 2022
- Sodium Nitrate Exports in the Czech Republic
- Sodium Nitrate Imports in the Czech Republic
Sodium Nitrate Price in the Czech Republic (FOB) - 2023
The average sodium nitrate export price stood at $956 per ton in August 2023, remaining stable against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 14% against the previous month. As a result, the export price reached the peak level of $1,244 per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In August 2023, the highest price was recorded for prices to Canada ($1,101 per ton) and Slovakia ($1,022 per ton), while the average price for exports to Estonia ($883 per ton) and Austria ($885 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 Canada (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Sodium Nitrate Price in the Czech Republic (CIF) - 2022
In 2022, the average sodium nitrate import price amounted to $1,116 per ton, surging by 34% against the previous year. In general, the import price posted strong growth. The most prominent rate of growth was recorded in 2014 an increase of 70% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,618 per ton), while the price for Belgium ($778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Nitrate Exports in the Czech Republic
In 2022, approx. 5.3K tons of sodium nitrate were exported from the Czech Republic; stabilizing at 2021 figures. Over the period under review, exports, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2021 when exports increased by 7.9% against the previous year.
In value terms, sodium nitrate exports skyrocketed to $5M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Sodium Nitrate in the Czech Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 1,312 | 1,307 | 1,006 | 1,398 | 2.1% |
Estonia | 640 | 470 | 498 | 974 | 15.0% |
Austria | 332 | 402 | 716 | 968 | 42.9% |
Italy | 232 | 254 | 264 | 721 | 45.9% |
Germany | 425 | 385 | 331 | 382 | -3.5% |
Canada | 128 | 67.3 | 72.7 | 187 | 13.5% |
Bulgaria | N/A | 1.1 | N/A | 101 | 858.2% |
Slovakia | 135 | 46.6 | 28.8 | 72.9 | -18.6% |
Others | 132 | 33.9 | 153 | 154 | 5.3% |
Total | 3,335 | 2,967 | 3,070 | 4,957 | 14.1% |
Top Export Markets for Sodium Nitrate from the Czech Republic in 2022:
- Poland (1484.0 tons)
- Austria (1068.0 tons)
- Estonia (1065.0 tons)
- Italy (744.0 tons)
- Germany (400.1 tons)
- Canada (198.0 tons)
- Bulgaria (95.0 tons)
- Slovakia (70.8 tons)
Sodium Nitrate Imports in the Czech Republic
In 2022, approx. 455 tons of sodium nitrate were imported into the Czech Republic; surging by 6.5% on the year before. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. As a result, imports reached the peak of 598 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, sodium nitrate imports soared to $508K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.8% 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 +72.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sodium Nitrate in the Czech Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 85.1 | 68.6 | 116 | 286 | 49.8% |
Belgium | 72.9 | 58.0 | 75.5 | 167 | 31.8% |
Poland | 116 | 46.5 | 101 | 35.8 | -32.4% |
Netherlands | N/A | 24.4 | 52.8 | 15.5 | -20.3% |
Slovakia | 5.3 | 31.6 | 0.6 | 0.7 | -49.1% |
Ukraine | N/A | 88.9 | 7.9 | N/A | -91.1% |
Others | 15.8 | 20.5 | 2.5 | 2.5 | -45.9% |
Total | 295 | 338 | 356 | 508 | 19.9% |
Top Suppliers of Sodium Nitrate to the Czech Republic in 2022:
- Belgium (214.8 tons)
- Germany (193.2 tons)
- Poland (31.4 tons)
- Netherlands (9.6 tons)
- Slovakia (4.4 tons)
This report provides an in-depth analysis of the sodium nitrate 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:
- FCL 4005 - Sodium nitrate
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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