Czech Republic: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in the Czech Republic

In 2022, after two years of growth, there was significant decline in the Czech benzoyl peroxide and chloride market, when its value decreased by -8.6% to $X. Overall, consumption continues to indicate a mild decrease. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from the Czech Republic

In 2022, the amount of benzoyl peroxide and benzoyl chloride exported from the Czech Republic soared to X tons, jumping by 205% on 2021 figures. Overall, exports posted a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 294% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, benzoyl peroxide and chloride exports surged to $X in 2022. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 171%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Slovakia (X tons) was the main destination for benzoyl peroxide and chloride exports from the Czech Republic, accounting for a 67% share of total exports. Moreover, benzoyl peroxide and chloride exports to Slovakia exceeded the volume sent to the second major destination, Latvia (X tons), fourfold. The third position in this ranking was held by Sweden (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia totaled +21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+501.8% per year) and Sweden (+216.3% per year).

In value terms, Slovakia ($X) remains the key foreign market for benzoyl peroxide and benzoyl chloride exports from the Czech Republic, comprising 64% of total exports. The second position in the ranking was taken by Latvia ($X), with a 19% share of total exports. It was followed by Sweden, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia totaled +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+460.4% per year) and Sweden (+212.1% per year).

Export Prices by Country

In 2022, the average benzoyl peroxide and chloride export price amounted to $X per ton, which is down by -15.3% against the previous year. Overall, the export price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2013 an increase of 36% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Sweden ($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 Germany (+17.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into the Czech Republic

Benzoyl peroxide and chloride imports into the Czech Republic contracted markedly to X tons in 2022, falling by -16.6% on the year before. Over the period under review, imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 68% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, benzoyl peroxide and chloride imports shrank slightly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 61%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest benzoyl peroxide and chloride supplier to the Czech Republic, accounting for a 80% share of total imports. Moreover, benzoyl peroxide and chloride imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold. The third position in this ranking was held by Poland (X tons), with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.7% per year) and Poland (-24.3% per year).

In value terms, Germany ($X) constituted the largest supplier of benzoyl peroxide and benzoyl chloride to the Czech Republic, comprising 66% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by Poland, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.8% per year) and Poland (-15.0% per year).

Import Prices by Country

In 2022, the average benzoyl peroxide and chloride import price amounted to $X per ton, rising by 18% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, benzoyl peroxide and chloride import price increased by +61.8% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 20%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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