Czech Republic: Acyclic Hydrocarbons Market 2022

Acyclic Hydrocarbons Market Size in the Czech Republic

The Czech acyclic hydrocarbons market dropped notably to $X in 2020, which is down by -X% against the previous year. Overall, consumption, however, posted a strong expansion. The pace of growth was the most pronounced in 2012 when the market value increased by X% y-o-y. Acyclic hydrocarbons consumption peaked at $X in 2019, and then shrank rapidly in the following year.

Acyclic Hydrocarbons Production in the Czech Republic

In value terms, acyclic hydrocarbons production contracted modestly to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. As a result, production reached the peak level of $X. from 2011 to 2020, production growth failed to regain the momentum.

Acyclic Hydrocarbons Exports

Exports from the Czech Republic

Acyclic hydrocarbons exports from the Czech Republic contracted markedly to X tons in 2020, which is down by -X% against 2019. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, acyclic hydrocarbons exports contracted notably to $X in 2020. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for acyclic hydrocarbons exports from the Czech Republic, with a X% share of total exports. Moreover, acyclic hydrocarbons exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), fivefold. The third position in this ranking was occupied by Italy (X tons), 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 ($X) remains the key foreign market for acyclic hydrocarbons exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany stood at -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).

Export Prices by Country

In 2020, the average acyclic hydrocarbons export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, saw a noticeable decline. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced a decline.

Acyclic Hydrocarbons Imports

Imports into the Czech Republic

In 2020, approx. X tons of acyclic hydrocarbons were imported into the Czech Republic; which is down by -X% against the previous year's figure. In general, imports saw a slight decrease. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, acyclic hydrocarbons imports reduced rapidly to $X in 2020. Overall, imports showed a noticeable downturn. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Poland (X tons) constituted the largest acyclic hydrocarbons supplier to the Czech Republic, accounting for a X% share of total imports. Moreover, acyclic hydrocarbons imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was occupied by the Netherlands (X tons), with a X% share.

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

In value terms, the largest acyclic hydrocarbons suppliers to the Czech Republic were Poland ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total imports. Hungary, Belgium, Russia and Serbia lagged somewhat behind, together accounting for a further X terms of the main suppliers, Russia (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average acyclic hydrocarbons import price stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the import price recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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