Czech Republic: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in the Czech Republic

In 2022, the Czech animal or vegetable fertilisers market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, continues to indicate a slight curtailment. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Animal Or Vegetable Fertilisers in the Czech Republic

In value terms, animal or vegetable fertilisers production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Animal Or Vegetable Fertilisers

Exports from the Czech Republic

In 2022, the amount of animal or vegetable fertilisers exported from the Czech Republic surged to X tons, rising by X% compared with 2021. Overall, exports recorded a prominent increase. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, animal or vegetable fertilisers exports surged to $X in 2022. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for animal or vegetable fertilisers exports from the Czech Republic, with a X% share of total exports. Moreover, animal or vegetable fertilisers exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume 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 Poland (X% per year).

In value terms, the largest markets for animal or vegetable fertilisers exported from the Czech Republic were Slovakia ($X), Germany ($X) and Romania ($X), together comprising X% of total exports.

Romania, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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 2022, the average animal or vegetable fertilisers export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, 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 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced a decline.

Imports of Animal Or Vegetable Fertilisers

Imports into the Czech Republic

In 2022, imports of animal or vegetable fertilisers into the Czech Republic soared to X tons, increasing by X% on 2021. Over the period under review, imports saw a resilient increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, animal or vegetable fertilisers imports skyrocketed to $X in 2022. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Poland (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of animal or vegetable fertilisers imports to the Czech Republic, together comprising X% of total imports. Slovakia lagged somewhat behind, accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest animal or vegetable fertilisers suppliers to the Czech Republic were Germany ($X), the Netherlands ($X) and Poland ($X), with a combined X% share of total imports. These countries were followed by Slovakia, which accounted for a further X%.

In terms of the main suppliers, Slovakia, with a CAGR of X%, recorded the highest growth rate of 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 animal or vegetable fertilisers import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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