Czech Republic: Crispbread Market 2024

Crispbread Market Size in the Czech Republic

In 2021, the Czech crispbread market decreased by -9.8% to $X for the first time since 2015, thus ending a five-year rising trend. In general, consumption, however, recorded buoyant growth. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Crispbread Production in the Czech Republic

In value terms, crispbread production shrank to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 56%. Crispbread production peaked at $X in 2020, and then fell in the following year.

Crispbread Exports

Exports from the Czech Republic

In 2021, shipments abroad of crispbread increased by 15% to X tons, rising for the second consecutive year after three years of decline. Overall, exports recorded resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by 110% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, crispbread exports surged to $X in 2021. In general, exports saw buoyant growth. The pace of growth was the most pronounced in 2013 when exports increased by 125% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Slovakia (X tons) and the Netherlands (X tons) were the main destinations of crispbread exports from the Czech Republic, with a combined 71% share of total exports. Austria, Israel, Poland, France, Hungary and Romania lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +69.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Austria ($X) appeared to be the largest markets for crispbread exported from the Czech Republic worldwide, with a combined 66% share of total exports.

Among the main countries of destination, Austria, with a CAGR of +80.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average crispbread export price amounted to $X per ton, growing by 17% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, crispbread export price increased by +84.8% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 35%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the average price for exports to the Netherlands ($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 Romania (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Crispbread Imports

Imports into the Czech Republic

In 2021, purchases abroad of crispbread decreased by -7.9% to X tons, falling for the second consecutive year after three years of growth. In general, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2019 when imports increased by 46%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, crispbread imports skyrocketed to $X in 2021. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 25%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), Poland (X tons) and Slovakia (X tons) were the main suppliers of crispbread imports to the Czech Republic, together comprising 76% of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +162.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread suppliers to the Czech Republic were Germany ($X), Poland ($X) and Slovakia ($X), together accounting for 70% of total imports.

In terms of the main suppliers, Slovakia, with a CAGR of +156.8%, 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

In 2021, the average crispbread import price amounted to $X per ton, with an increase of 27% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 42%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :