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Czech Republic - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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Czech Republic: Silicone Market Overview 2021

Silicone Market Size in the Czech Republic

In 2020, the Czech silicone market was finally on the rise to reach $X for the first time since 2017, thus ending a two-year declining trend. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Silicone Production in the Czech Republic

In value terms, silicone production surged to $X in 2020 estimated in export prices. Overall, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Silicone production peaked at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

Silicone Exports

Exports from the Czech Republic

In 2020, shipments abroad of silicones (in primary forms) was finally on the rise to reach X tonnes after three years of decline. In general, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, silicone exports soared to $X in 2020. Overall, exports posted strong growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Italy (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and France (+X% per year).

Export Prices by Country

In 2020, the average silicone export price amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010 an increase of X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per tonne), while the average price for exports to Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Silicone Imports

Imports into the Czech Republic

In 2020, after two years of growth, there was decline in overseas purchases of silicones (in primary forms), when their volume decreased by -X% to X tonnes. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2019, and then reduced modestly in the following year.

In value terms, silicone imports contracted to $X in 2020. In general, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019, and then shrank in the following year.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of silicone to the Czech Republic, with a X% share of total imports. Moreover, silicone imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), eightfold. China (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and China (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and France (X% per year).

Import Prices by Country

The average silicone import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silicones (in primary forms) in the world?
+
China (597K tonnes) constituted the country with the largest volume of silicone consumption, comprising approx. 23% of total volume. Moreover, silicone consumption in China exceeded the figures recorded by the second-largest consumer, Germany (281K tonnes), twofold. India (237K tonnes) ranked third in terms of total consumption with a 9.2% share.
What are the largest producers of silicones (in primary forms) in the world?
+
The countries with the highest volumes of silicone production in 2020 were China (704K tonnes), Germany (512K tonnes) and the U.S. (241K tonnes), with a combined 55% share of global production. India, Japan, the UK, Turkey, Indonesia, France, Thailand and Brazil lagged somewhat behind, together comprising a further 36%.
What are the leading suppliers of silicones (in primary forms) to the Czech Republic?
+
In value terms, Germany ($28M) constituted the largest supplier of silicone to the Czech Republic, comprising 59% of total imports. The second position in the ranking was occupied by Italy ($5.3M), with a 11% share of total imports. It was followed by France, with a 5.1% share.
What are the leading importers of silicones (in primary forms) from the Czech Republic?
+
In value terms, Germany ($16M) remains the key foreign market for silicone exports from the Czech Republic, comprising 53% of total exports. The second position in the ranking was occupied by Italy ($4.2M), with a 14% share of total exports. It was followed by France, with a 6.2% share.
What is the average export price for silicones (in primary forms) in the Czech Republic?
+
The average silicone export price stood at $6,797 per tonne in 2020, picking up by 14% against the previous year.
What is the average import price for silicones (in primary forms) in the Czech Republic?
+
In 2020, the average silicone import price amounted to $3,754 per tonne, which is down by -9.3% against the previous year.

Product coverage:
• Prodcom 20165700 - Silicones, in primary forms

This report provides an in-depth analysis of the silicone 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 2030
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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