Czech Republic: Borates And Perborates Market 2024

Borates And Perborates Market Size in the Czech Republic

In 2022, after two years of growth, there was decline in the Czech borates and perborates market, when its value decreased by X% to $X. The market value 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. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Borates And Perborates Exports

Exports from the Czech Republic

In 2022, shipments abroad of borates, peroxoborates (perborates) was finally on the rise to reach X tons after three years of decline. Over the period under review, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, borates and perborates exports surged to $X in 2022. Overall, exports showed a buoyant expansion. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons) was the main destination for borates and perborates exports from the Czech Republic, with a X% share of total exports. Moreover, borates and perborates exports to Slovakia exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Poland (X% per year).

In value terms, Slovakia ($X) remains the key foreign market for borates, peroxoborates (perborates) exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Poland (X% per year).

Export Prices by Country

The average borates and perborates export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then fell remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, 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 Hungary (X%), while the prices for the other major destinations experienced mixed trend patterns.

Borates And Perborates Imports

Imports into the Czech Republic

In 2022, the amount of borates, peroxoborates (perborates) imported into the Czech Republic dropped slightly to X tons, reducing by X% on 2021 figures. In general, total imports indicated a temperate expansion from 2012 to 2022: its volume 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 growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, borates and perborates imports expanded modestly to $X in 2022. The total import value 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 growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest borates and perborates supplier to the Czech Republic, accounting for a X% share of total imports. Moreover, borates and perborates imports from Turkey exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Italy (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of borates, peroxoborates (perborates) to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by Slovenia ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Italy (X% per year).

Import Prices by Country

The average borates and perborates import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Slovenia ($X per ton), while the price for Turkey ($X per ton) and Luxembourg ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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