Czech Republic: Market for Sulphates Of Barium Or Aluminium 2023

Market Size for Sulphates Of Barium Or Aluminium in the Czech Republic

In 2021, the Czech barium or aluminium sulphates market increased by 5.7% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, saw a mild slump. Barium or aluminium sulphates consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Sulphates Of Barium Or Aluminium in the Czech Republic

In value terms, barium or aluminium sulphates production fell modestly to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by 25%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from the Czech Republic

For the fourth consecutive year, the Czech Republic recorded decline in overseas shipments of sulphates of barium or aluminium, which decreased by -4.9% to X tons in 2021. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 23% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, barium or aluminium sulphates exports surged to $X in 2021. Over the period under review, exports continue to indicate a perceptible downturn. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Austria (X tons) was the main destination for barium or aluminium sulphates exports from the Czech Republic, accounting for a 81% share of total exports. Moreover, barium or aluminium sulphates exports to Austria exceeded the volume sent to the second major destination, Germany (X tons), eightfold. The third position in this ranking was taken by Switzerland (X tons), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria totaled +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-21.3% per year) and Switzerland (+149.2% per year).

In value terms, Austria ($X) remains the key foreign market for sulphates of barium or aluminium exports from the Czech Republic, comprising 77% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by France, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria amounted to +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-16.3% per year) and France (-4.8% per year).

Export Prices by Country

In 2021, the average barium or aluminium sulphates export price amounted to $X per ton, rising by 33% against the previous year. In general, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, barium or aluminium sulphates export price increased by +75.1% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports into the Czech Republic

In 2021, supplies from abroad of sulphates of barium or aluminium was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, showed a slight decline. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, barium or aluminium sulphates imports soared to $X in 2021. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest barium or aluminium sulphates supplier to the Czech Republic, accounting for a 62% share of total imports. Moreover, barium or aluminium sulphates imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was taken by Hungary (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.0% per year) and Hungary (-3.1% per year).

In value terms, Italy ($X) constituted the largest supplier of sulphates of barium or aluminium to the Czech Republic, comprising 80% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.3% share of total imports. It was followed by Poland, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.4% per year) and Poland (+29.2% per year).

Import Prices by Country

In 2021, the average barium or aluminium sulphates import price amounted to $X per ton, surging by 6.9% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, barium or aluminium sulphates import price increased by +52.9% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 32% against the previous year. The import price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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