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Czech Republic - Millet - Market Analysis, Forecast, Size, Trends and Insights
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Czech Republic: Millet Market Overview 2021

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Millet Market Size in the Czech Republic

In 2019, the Czech millet market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption showed mild growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Millet consumption peaked in 2019 and is likely to see steady growth in the near future.

Millet Production in the Czech Republic

In value terms, millet production rose slightly to $X in 2019 estimated in export prices. In general, the total production indicated a measured increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth failed to regain the momentum.

In 2019, the average millet yield in the Czech Republic skyrocketed to X tonnes per ha, growing by X% against 2018 figures. In general, the yield enjoyed a prominent increase. As a result, the yield attained the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of millet production in the Czech Republic contracted slightly to X ha, which is down by -X% compared with the previous year. In general, the harvested area recorded a perceptible decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to millet production attained the maximum at X ha in 2007; however, from 2008 to 2019, the harvested area failed to regain the momentum.

Millet Exports

Exports from the Czech Republic

In 2019, shipments abroad of millet increased by X% to X tonnes for the first time since 2016, thus ending a two-year declining trend. Overall, exports posted a noticeable increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, millet exports surged to $X in 2019. Over the period under review, exports recorded a prominent expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

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

From 2007 to 2019, the average annual rate of growth in terms of volume to Poland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Austria (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value to Poland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average millet export price stood at $X per tonne in 2019, rising by X% against the previous year. Overall, export price indicated prominent growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, millet export price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, average export prices hit record highs in 2019 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Millet Imports

Imports into the Czech Republic

In 2019, overseas purchases of millet decreased by -X% to X tonnes, falling for the fifth consecutive year after two years of growth. Overall, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, millet imports shrank slightly to $X in 2019. In general, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Ukraine (X tonnes), Slovakia (X tonnes) and Poland (X tonnes) were the main suppliers of millet imports to the Czech Republic, with a combined X% share of total imports. Austria, Germany and Serbia lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Austria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X) constituted the largest supplier of millet to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Ukraine totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+X% per year) and Austria (+X% per year).

Import Prices by Country

The average millet import price stood at $X per tonne in 2019, rising by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per tonne in 2010; however, from 2011 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Serbia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for millet in the world?
+
India (11M tonnes) remains the largest millet consuming country worldwide, comprising approx. 39% of total volume. Moreover, millet consumption in India exceeded the figures recorded by the second-largest consumer, Niger (4M tonnes), threefold. Nigeria (2M tonnes) ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of millet in the world?
+
The country with the largest volume of millet production was India (12M tonnes), accounting for 39% of total volume. Moreover, millet production in India exceeded the figures recorded by the second-largest producer, Niger (4M tonnes), threefold. Nigeria (2M tonnes) ranked third in terms of total production with a 6.8% share.
What are the leading suppliers of millet to the Czech Republic?
+
In value terms, Ukraine ($202K) constituted the largest supplier of millet to the Czech Republic, comprising 39% of total imports. The second position in the ranking was occupied by Slovakia ($77K), with a 15% share of total imports. It was followed by Austria, with a 15% share.
What are the leading importers of millet from the Czech Republic?
+
In value terms, Poland ($589K) remains the key foreign market for millet exports from the Czech Republic, comprising 33% of total exports. The second position in the ranking was occupied by Austria ($279K), with a 15% share of total exports. It was followed by the Netherlands, with a 15% share.
What is the average export price for millet in the Czech Republic?
+
In 2019, the average millet export price amounted to $657 per tonne, with an increase of 7.6% against the previous year.
What is the average import price for millet in the Czech Republic?
+
The average millet import price stood at $705 per tonne in 2019, surging by 44% against the previous year.

Product coverage:
• FCL 79 - Millet

This report provides an in-depth analysis of the millet market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Czech Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Czech Republic
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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