Czech Republic - Soups And Broths - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoups Price in the Czech Republic - 2023
Contents:
- Soups Price in the Czech Republic (FOB) - 2023
- Soups Price in the Czech Republic (CIF) - 2023
- Soups Exports in the Czech Republic
- Soups Imports in the Czech Republic
Soups Price in the Czech Republic (FOB) - 2023
In June 2023, the average soups export price amounted to $4,841 per ton, rising by 6.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 13% month-to-month. Over the period under review, the average export prices hit record highs in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Norway ($10,534 per ton), while the average price for exports to Austria ($3,258 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Soups Price in the Czech Republic (CIF) - 2023
In June 2023, the average soups import price amounted to $3,844 per ton, therefore, remained relatively stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 16% month-to-month. Over the period under review, average import prices hit record highs in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($5,855 per ton), while the price for Vietnam ($1,406 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Portugal (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Soups Exports in the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in overseas shipments of soups and broths, which increased by 36% to 11K tons in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, soups exports soared to $45M in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 76%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Soups in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 4.9 | 4.9 | 9.8 | 11.3 | 32.1% |
| Sweden | N/A | 2.0 | 6.1 | 9.2 | 114.5% |
| Germany | 3.3 | 3.3 | 6.5 | 7.0 | 28.5% |
| Austria | 0.5 | 0.2 | 1.1 | 6.1 | 130.2% |
| Hungary | 1.9 | 2.1 | 2.1 | 3.0 | 16.4% |
| Netherlands | 1.6 | 1.3 | 1.6 | 1.7 | 2.0% |
| Norway | 1.4 | 1.2 | 1.2 | 1.3 | -2.4% |
| Poland | 1.1 | 1.0 | 1.0 | 1.1 | 0.0% |
| Romania | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Spain | 0.5 | 0.4 | 0.3 | 0.3 | -15.7% |
| Others | 2.3 | 2.0 | 2.4 | 3.6 | 16.1% |
| Total | 17.6 | 18.6 | 32.7 | 44.9 | 36.6% |
Top Export Markets for Soups from the Czech Republic in 2022:
- Slovakia (2.6K tons)
- Sweden (2.5K tons)
- Austria (1.9K tons)
- Germany (1.5K tons)
- Hungary (0.6K tons)
- Netherlands (0.3K tons)
- Poland (0.3K tons)
- Norway (0.2K tons)
- Romania (0.1K tons)
- Spain (0.1K tons)
Soups Imports in the Czech Republic
Soups imports into the Czech Republic was estimated at 7.7K tons in 2022, rising by 2.2% on 2021 figures. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, soups imports expanded sharply to $29M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% 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 +55.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Soups in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 3.5 | 4.4 | 8.3 | 10.2 | 42.8% |
| Germany | 3.1 | 7.5 | 7.8 | 6.4 | 27.3% |
| Belgium | N/A | N/A | 2.1 | 3.1 | 47.6% |
| Italy | 2.4 | 2.5 | 2.6 | 2.5 | 1.4% |
| Poland | 1.1 | 1.3 | 1.4 | 2.3 | 27.9% |
| Hungary | 1.4 | 1.4 | 1.3 | 0.9 | -13.7% |
| Vietnam | 3.3 | 0.2 | 0.3 | 0.3 | -55.0% |
| Others | 4.1 | 2.9 | 3.4 | 3.7 | -3.4% |
| Total | 19.0 | 20.2 | 27.1 | 29.4 | 15.7% |
Top Suppliers of Soups to the Czech Republic in 2022:
- Slovakia (2481.7 tons)
- Germany (2056.2 tons)
- Poland (1016.3 tons)
- Italy (767.1 tons)
- Hungary (255.6 tons)
- Vietnam (216.7 tons)
- Belgium (169.6 tons)
This report provides an in-depth analysis of the soups 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 10891100 - Soups and broths and preparations therefor
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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