Czech Republic: Ice Cream Market Overview 2020

Ice Cream Market Size in the Czech Republic

The revenue of the ice cream market in the Czech Republic amounted to $X in 2018, growing by X% against the previous year. Overall, ice cream consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Ice cream consumption peaked at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Ice Cream Production in the Czech Republic

In value terms, ice cream production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, ice cream production attained its peak figure level at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Ice Cream Exports

Exports from the Czech Republic

In 2018, the exports of ice cream from the Czech Republic stood at X tonnes, surging by X% against the previous year. In general, ice cream exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Exports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, ice cream exports stood at $X in 2018. Overall, ice cream exports continue to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2009 when exports increased by X% against the previous year. Over the period under review, ice cream exports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Slovakia (X tonnes) was the main destination for ice cream exports from the Czech Republic, accounting for a X% share of total exports. Moreover, ice cream exports to Slovakia exceeded the volume sent to the second major destination, Germany (X tonnes), eightfold. The third position in this ranking was occupied by Hungary (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Slovakia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Hungary (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to Slovakia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Poland (+X% per year).

Export Prices by Country

In 2018, the average ice cream export price amounted to $X per tonne, surging by X% against the previous year. In general, the export price indicated a noticeable increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ice cream export price increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the average export prices for ice cream reached their maximum in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Ice Cream Imports

Imports into the Czech Republic

In 2018, the amount of ice cream imported into the Czech Republic amounted to X tonnes, increasing by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, ice cream imports reached their peak figure at X tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, ice cream imports stood at $X in 2018. In general, the total imports indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ice cream imports increased by +X% against 2014 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, ice cream imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

Poland (X tonnes), Germany (X tonnes) and Hungary (X tonnes) were the main suppliers of ice cream imports to the Czech Republic, together comprising X% of total imports. Belgium, Italy, France and Portugal lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by France, while the other leaders experienced more modest paces of growth.

In value terms, the largest ice cream suppliers to the Czech Republic were Poland ($X), Germany ($X) and Hungary ($X), together comprising X% of total imports. These countries were followed by Italy, Belgium, France and Portugal, which together accounted for a further X the main suppliers, France experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average ice cream import price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. In that year, the average import prices for ice cream reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for ice cream failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per tonne), while the price for Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform