Czech Republic: Market for Phenols And Other Oils And Oil Products 2024

Market Size for Phenols And Other Oils And Oil Products in the Czech Republic

The Czech market for phenols and other oils and oil products reduced rapidly to $X in 2022, declining by X% against the previous year. In general, consumption saw a abrupt downturn. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Phenols And Other Oils And Oil Products in the Czech Republic

In value terms, production of phenols and other oils and oil products reduced to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Phenols And Other Oils And Oil Products

Exports from the Czech Republic

In 2022, approx. X tons of phenols and other oils and oil products were exported from the Czech Republic; increasing by X% compared with the previous year. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of phenols and other oils and oil products surged to $X in 2022. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Poland (X tons) was the main destination for exports of phenols and other oils and oil products from the Czech Republic, with a X% share of total exports. Moreover, exports of phenols and other oils and oil products to Poland exceeded the volume sent to the second major destination, Hungary (X tons), fivefold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Germany (X% per year).

In value terms, Poland ($X) remains the key foreign market for phenols and other oils and oil products exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

The average export price for phenols and other oils and oil products stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Germany ($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 Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced a decline.

Imports of Phenols And Other Oils And Oil Products

Imports into the Czech Republic

In 2022, the amount of phenols and other oils and oil products imported into the Czech Republic fell modestly to X tons, with a decrease of X% compared with the previous year. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of phenols and other oils and oil products soared to $X in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Slovakia (X tons) constituted the largest supplier of phenols and other oils and oil products to the Czech Republic, accounting for a X% share of total imports. Moreover, imports of phenols and other oils and oil products from Slovakia exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. Denmark (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovakia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Denmark (X% per year).

In value terms, Slovakia ($X) constituted the largest supplier of phenols and other oils and oil products to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

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

Import Prices by Country

The average import price for phenols and other oils and oil products stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, saw a perceptible shrinkage. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Slovakia ($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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