Czech Republic: Margarine And Shortening Market Overview 2020

Margarine And Shortening Market Size in the Czech Republic

The revenue of the margarine and shortening market in the Czech Republic amounted to $X in 2018, waning by -X% against the previous year. Overall, margarine and shortening consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Margarine and shortening consumption peaked at $X in 2010; however, from 2011 to 2018, consumption failed to regain its momentum.

Margarine And Shortening Production in the Czech Republic

In value terms, margarine and shortening production totaled $X in 2018 estimated in export prices. In general, margarine and shortening production continues to indicate an abrupt setback. The most prominent rate of growth was recorded in 2014 when production volume increased by X% year-to-year. Margarine and shortening production peaked at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Margarine And Shortening Exports

Exports from the Czech Republic

Margarine and shortening exports from the Czech Republic totaled X tonnes in 2018, surging by X% against the previous year. In general, margarine and shortening exports, however, continue to indicate a deep decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, margarine and shortening exports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, margarine and shortening exports amounted to $X in 2018. Over the period under review, margarine and shortening exports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, margarine and shortening exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tonnes) was the main destination for margarine and shortening exports from the Czech Republic, accounting for a X% share of total exports. Moreover, margarine and shortening exports to Slovakia exceeded the volume sent to the second major destination, Germany (X tonnes), threefold. Poland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Slovakia totaled -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).

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

From 2007 to 2018, the average annual growth rate 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 margarine and shortening export price amounted to $X per tonne, going down by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the average export prices for margarine and shortening attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for margarine and shortening remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Slovenia ($X per tonne), while the average price for exports to Poland ($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.

Margarine And Shortening Imports

Imports into the Czech Republic

Margarine and shortening imports into the Czech Republic amounted to X tonnes in 2018, therefore, remained relatively stable against the previous year. In general, the total imports indicated buoyant growth from 2007 to 2018: its volume 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, margarine and shortening imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, margarine and shortening imports reached their peak figure at X tonnes in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, margarine and shortening imports stood at $X in 2018. Over the period under review, the total imports indicated strong growth from 2007 to 2018: 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 2018 figures, margarine and shortening imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Poland (X tonnes) constituted the largest supplier of margarine and shortening to the Czech Republic, accounting for a X% share of total imports. Moreover, margarine and shortening imports from Poland exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), threefold. The third position in this ranking was occupied by Belgium (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Belgium (+X% per year).

In value terms, Poland ($X) constituted the largest supplier of margarine and shortening to the Czech Republic, comprising X% of total margarine and shortening imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Poland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Germany (+X% per year).

Import Prices by Country

The average margarine and shortening import price stood at $X per tonne in 2018, waning by -X% against the previous year. Overall, the margarine and shortening import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Sweden ($X per tonne) and Germany ($X per tonne), while the price for Italy ($X per tonne) and Poland ($X per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform