Czech Republic: Acrylic Polymer Market 2024

Acrylic Polymer Market Size in the Czech Republic

For the fourth consecutive year, the Czech acrylic polymer market recorded growth in sales value, which increased by X% to $X in 2023. Overall, consumption recorded a buoyant increase. Acrylic polymer consumption peaked in 2023 and is likely to see steady growth in the immediate term.

Acrylic Polymer Production in the Czech Republic

In value terms, acrylic polymer production skyrocketed to $X in 2023 estimated in export price. Overall, production posted a pronounced increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Acrylic Polymer Exports

Exports from the Czech Republic

In 2023, overseas shipments of acrylic polymers (in primary forms) decreased by X% to X tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, acrylic polymer exports contracted to $X in 2023. Over the period under review, total exports indicated a tangible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for acrylic polymer exports from the Czech Republic, with a X% share of total exports. Moreover, acrylic polymer exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), threefold. Ukraine (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Ukraine (X% per year).

In value terms, Germany ($X) remains the key foreign market for acrylic polymers (in primary forms) exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Ukraine, with an X% share.

From 2012 to 2023, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Ukraine (X% per year).

Export Prices by Country

The average acrylic polymer export price stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, acrylic polymer export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2022, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Acrylic Polymer Imports

Imports into the Czech Republic

In 2023, after eight years of growth, there was significant decline in overseas purchases of acrylic polymers (in primary forms), when their volume decreased by X% to X tons. Overall, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2022, and then fell in the following year.

In value terms, acrylic polymer imports fell to $X in 2023. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2023, Germany (X tons) constituted the largest acrylic polymer supplier to the Czech Republic, with a X% share of total imports. Moreover, acrylic polymer imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).

In value terms, Germany ($X) constituted the largest supplier of acrylic polymers (in primary forms) to the Czech Republic, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).

Import Prices by Country

The average acrylic polymer import price stood at $X per ton in 2023, picking up by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform