Czech Republic - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Czech Republic - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights

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Sweet Potato Price in the Czech Republic - 2023

Contents:

  1. Sweet Potato Price in the Czech Republic (CIF) - 2022
  2. Sweet Potato Price in the Czech Republic (FOB) - 2022
  3. Sweet Potato Imports in the Czech Republic
  4. Sweet Potato Exports in the Czech Republic

Sweet Potato Price in the Czech Republic (CIF) - 2022

In 2022, the average sweet potato import price amounted to $1,163 per ton, which is down by -11.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18%. As a result, import price reached the peak level of $1,320 per ton, and then contracted in the following year.

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 Germany ($1,842 per ton), while the price for Portugal ($798 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.4%), while the prices for the other major suppliers experienced a decline.

Sweet Potato Price in the Czech Republic (FOB) - 2022

In 2022, the average sweet potato export price amounted to $1,355 per ton, which is down by -12.2% against the previous year. In general, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of 34%. Over the period under review, the average export prices attained the maximum at $2,254 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($4,534 per ton), while the average price for exports to the Netherlands ($986 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 Slovakia (-2.7%), while the prices for the other major destinations experienced a decline.

Sweet Potato Imports in the Czech Republic

Sweet potato imports into the Czech Republic totaled 2.7K tons in 2022, remaining constant against the previous year's figure. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 37%. As a result, imports attained the peak of 2.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sweet potato imports shrank to $3.2M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 21%.

Import of Sweet Potato in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1791,4011,8511,3053.4%
Egypt47673366671014.3%
Netherlands10811919724932.1%
Germany42.021.933.321873.1%
Spain416393239196-22.2%
South AfricaN/A0.565.51451602.9%
Vietnam19.449.753.476.758.1%
Portugal67.783.612419.1-34.4%
Slovakia13791.0N/AN/A-33.6%
Others17226830923711.3%
Total2,6173,1613,5373,1566.4%

Top Suppliers of Sweet Potato to the Czech Republic in 2022:

  1. United States (1102.6 tons)
  2. Egypt (823.8 tons)
  3. Netherlands (171.8 tons)
  4. Spain (167.4 tons)
  5. South Africa (137.2 tons)
  6. Germany (118.3 tons)
  7. Vietnam (43.2 tons)
  8. Portugal (24.0 tons)

Sweet Potato Exports in the Czech Republic

In 2022, shipments abroad of sweet potatoes decreased by -23.8% to 484 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 188% against the previous year.

In value terms, sweet potato exports reduced rapidly to $656K in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 174% against the previous year.

Export of Sweet Potato in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia82.524294758191.7%
Hungary42.515730.251.86.8%
Netherlands20.334.9N/A16.5-6.7%
Bulgaria20.418.91.0N/A-77.9%
Others6.619.32.26.4-1.0%
Total17247298165656.2%

Top Export Markets for Sweet Potato from the Czech Republic in 2022:

  1. Slovakia (455.1 tons)
  2. Netherlands (16.7 tons)
  3. Hungary (11.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sweet potato 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 122 - Sweet potatoes

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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