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Czech Republic - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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Czech Republic: Peanut Butter Market Overview 2021

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Peanut Butter Market Size in the Czech Republic

In 2019, after four years of growth, there was significant decline in the Czech peanut butter market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2018, and then dropped in the following year.

Peanut Butter Production in the Czech Republic

In value terms, peanut butter production soared to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a perceptible setback. Peanut butter production peaked at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

Peanut Butter Exports

Exports from the Czech Republic

In 2019, shipments abroad of peanut butter and prepared or preserved groundnuts decreased by -X% to X tonnes, falling for the second consecutive year after five years of growth. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, peanut butter exports contracted rapidly to $X in 2019. Over the period under review, exports saw a mild downturn. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tonnes) was the main destination for peanut butter exports from the Czech Republic, accounting for a X% share of total exports. Moreover, peanut butter exports to Slovakia exceeded the volume sent to the second major destination, Poland (X tonnes), threefold. The third position in this ranking was occupied by Croatia (X tonnes), with a X% share.

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

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

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

Export Prices by Country

In 2019, the average peanut butter export price amounted to $X per tonne, declining by -X% against the previous year. In general, export price indicated strong growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, peanut butter export price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2018, and then declined slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Italy ($X per tonne), while the average price for exports to Sweden ($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 Israel, while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into the Czech Republic

In 2019, the amount of peanut butter and prepared or preserved groundnuts imported into the Czech Republic rose significantly to X tonnes, picking up by X% compared with the year before. In general, total imports indicated notable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are likely to see steady growth in years to come.

In value terms, peanut butter imports fell to $X in 2019. Overall, total imports indicated a buoyant expansion 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. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018, and then contracted in the following year.

Imports by Country

Poland (X tonnes), Slovakia (X tonnes) and Argentina (X tonnes) were the main suppliers of peanut butter imports to the Czech Republic, with a combined X% share of total imports. These countries were followed by Germany, the U.S., the Netherlands and China, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S., while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest peanut butter suppliers to the Czech Republic were Poland ($X), Slovakia ($X) and Argentina ($X), together comprising X% of total imports. These countries were followed by Germany, the Netherlands, the U.S. and China, which together accounted for a further X U.S. 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

In 2019, the average peanut butter import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, 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 peanut butter and prepared or preserved groundnuts in the world?
+
China (859K tonnes) constituted the country with the largest volume of peanut butter consumption, comprising approx. 17% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (374K tonnes), twofold. India (332K tonnes) ranked third in terms of total consumption with a 6.5% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
+
China (1.2M tonnes) remains the largest peanut butter producing country worldwide, accounting for 23% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, the U.S. (408K tonnes), threefold. India (352K tonnes) ranked third in terms of total production with a 6.7% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to the Czech Republic?
+
In value terms, the largest peanut butter suppliers to the Czech Republic were Poland ($8.5M), Slovakia ($4.4M) and Argentina ($2.4M), together comprising 75% of total imports. Germany, the Netherlands, the U.S. and China lagged somewhat behind, together comprising a further 21%.
What are the leading importers of peanut butter and prepared or preserved groundnuts from the Czech Republic?
+
In value terms, Slovakia ($1.2M) remains the key foreign market for peanut butter exports from the Czech Republic, comprising 36% of total exports. The second position in the ranking was occupied by Poland ($467K), with a 14% share of total exports. It was followed by Hungary, with a 10% share.
What is the average export price for peanut butter and prepared or preserved groundnuts in the Czech Republic?
+
In 2019, the average peanut butter export price amounted to $4,454 per tonne, which is down by -3.8% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in the Czech Republic?
+
In 2019, the average peanut butter import price amounted to $2,299 per tonne, declining by -17.8% against the previous year.

Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

This report provides an in-depth analysis of the peanut butter 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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