Czech Republic: Lactam Market 2024

Lactam Market Size in the Czech Republic

In 2022, after two years of decline, there was significant growth in the Czech lactam market, when its value increased by X% to $X. Overall, consumption, however, continues to indicate a noticeable descent. Lactam consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Lactam Production in the Czech Republic

In value terms, lactam production contracted sharply to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Lactam production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Lactam Exports

Exports from the Czech Republic

In 2022, after two years of growth, there was significant decline in shipments abroad of lactams from heterocyclic compounds, when their volume decreased by X% to X tons. In general, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, lactam exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Italy (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of lactam exports from the Czech Republic, together accounting for X% of total exports. Slovenia, Switzerland, the United States, Japan and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lactam exported from the Czech Republic were Italy ($X), Germany ($X) and Belgium ($X), together comprising X% of total exports. Slovenia, Switzerland, the United States, Japan and Poland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Slovenia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lactam export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price 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, lactam export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Slovenia ($X 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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lactam Imports

Imports into the Czech Republic

In 2022, purchases abroad of lactams from heterocyclic compounds increased by X% to X tons, rising for the second consecutive year after two years of decline. 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, lactam imports amounted to $X in 2022. Over the period under review, total imports indicated prominent 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, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest lactam supplier to the Czech Republic, with a X% share of total imports. Moreover, lactam imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, the largest lactam suppliers to the Czech Republic were Belgium ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total imports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average lactam import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then declined in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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