Czech Republic: Fertilizer Market 2024

Fertilizer Market Size in the Czech Republic

The Czech fertilizer market skyrocketed to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fertilizer Production in the Czech Republic

In value terms, fertilizer production skyrocketed to $X in 2022 estimated in export price. Overall, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2018 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Fertilizer Exports

Exports from the Czech Republic

Fertilizer exports from the Czech Republic skyrocketed to X tons in 2022, with an increase of X% on the previous year's figure. Over the period under review, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fertilizer exports soared to $X in 2022. In general, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for fertilizer exports from the Czech Republic, accounting for a X% share of total exports. Moreover, fertilizer exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), fivefold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Poland (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Poland (X% per year).

Export Prices by Country

The average fertilizer export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Austria ($X per ton) and Poland ($X per ton), while the average price for exports to Morocco ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fertilizer Imports

Imports into the Czech Republic

In 2022, after two years of decline, there was significant growth in purchases abroad of fertilizers, when their volume increased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fertilizer imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovakia (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of fertilizer imports to the Czech Republic, together comprising X% of total imports. Austria, Belgium, Lithuania, Hungary and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fertilizer suppliers to the Czech Republic were Poland ($X), Slovakia ($X) and Germany ($X), with a combined X% share of total imports. Austria, Belgium, Lithuania, Hungary and Russia lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fertilizer import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price recorded a noticeable expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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