Czech Republic: Solid Biofuel Market 2024

Solid Biofuel Market Size in the Czech Republic

In 2022, the Czech solid biofuel market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption continues to indicate a buoyant increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Solid Biofuel Production in the Czech Republic

In value terms, solid biofuel production stood at $X in 2022 estimated in export price. In general, production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Solid biofuel production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Solid Biofuel Exports

Exports from the Czech Republic

After two years of growth, shipments abroad of solid biofuels decreased by X% to X tons in 2022. In general, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, solid biofuel exports soared to $X in 2022. Overall, exports, however, posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Austria (X tons) and Germany (X tons) were the main destinations of solid biofuel exports from the Czech Republic, with a combined X% share of total exports. Slovakia, Belgium and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for solid biofuel exported from the Czech Republic were Italy ($X), Austria ($X) and Germany ($X), together comprising X% of total exports. Slovakia, Poland and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Belgium, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average solid biofuel export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Belgium ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Solid Biofuel Imports

Imports into the Czech Republic

In 2022, overseas purchases of solid biofuels increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, solid biofuel imports skyrocketed to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Ukraine (X tons), Poland (X tons) and Slovakia (X tons) were the main suppliers of solid biofuel imports to the Czech Republic, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest solid biofuel suppliers to the Czech Republic were Ukraine ($X), Poland ($X) and Slovakia ($X), with a combined X% share of total imports.

Slovakia, with a CAGR of X%, recorded 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 solid biofuel import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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