Czech Republic: Pyrethrum And Peppermint Market 2022

Pyrethrum And Peppermint Market Size in the Czech Republic

The Czech pyrethrum and peppermint market contracted sharply to $X in 2021, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a noticeable downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Pyrethrum And Peppermint Exports

Exports from the Czech Republic

In 2021, pyrethrum and peppermint exports from the Czech Republic surged to X tonnes, jumping by X% on the year before. Overall, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pyrethrum and peppermint exports skyrocketed to $X in 2021. In general, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tonnes), Italy (X tonnes) and Germany (X tonnes) were the main destinations of pyrethrum and peppermint exports from the Czech Republic, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (+X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Slovakia ($X) were the largest markets for pyrethrum and peppermint exported from the Czech Republic worldwide, together comprising X% of total exports. Italy, Austria and Poland lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average pyrethrum and peppermint export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Austria ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Pyrethrum And Peppermint Imports

Imports into the Czech Republic

In 2021, overseas purchases of pyrethrum and peppermint increased by X% to X tonnes for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, pyrethrum and peppermint imports surged to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

The Netherlands (X tonnes), Poland (X tonnes) and Germany (X tonnes) were the main suppliers of pyrethrum and peppermint imports to the Czech Republic, with a combined X% share of total imports. Albania, Bulgaria, Slovakia, Ukraine, Austria, Thailand, Croatia, India, Vietnam and Italy lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Netherlands ($X) were the largest pyrethrum and peppermint suppliers to the Czech Republic, together comprising X% of total imports. Austria, Thailand, Croatia, Bulgaria, Slovakia, India, Albania, Ukraine, Vietnam and Italy lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest rates of growth with regard to 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

The average pyrethrum and peppermint import price stood at $X per tonne in 2021, growing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform