Report Update Nov 1, 2024

Czech Republic - Cumene - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Czech Republic: Cumene Market 2024

Cumene Market Size in the Czech Republic

The Czech cumene market skyrocketed to $X in 2021, rising by 75% against the previous year. In general, consumption posted a significant increase. Cumene consumption peaked in 2021 and is likely to continue growth in the immediate term.

Cumene Production in the Czech Republic

In value terms, cumene production totaled $X in 2021 estimated in export price. In general, production continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2017 with an increase of 20%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Cumene Exports

Exports from the Czech Republic

In 2019, cumene exports from the Czech Republic fell to X kg, which is down by -12.2% compared with 2018 figures. Over the period under review, exports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 412% against the previous year. As a result, the exports reached the peak of X kg. From 2016 to 2019, the growth of the exports failed to regain momentum.

In value terms, cumene exports skyrocketed to $X in 2019. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 432% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2019, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X kg) and the Netherlands (X kg) were the main destinations of cumene exports from the Czech Republic.

From 2012 to 2019, the biggest increases were recorded for the Netherlands (with a CAGR of +3.8%).

In value terms, Hungary ($X) emerged as the key foreign market for cumene exports from the Czech Republic, comprising 83% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to Hungary was relatively modest.

Export Prices by Country

The average cumene export price stood at $X per ton in 2019, rising by 247% against the previous year. Overall, the export price showed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2019, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.3%).

Cumene Imports

Imports into the Czech Republic

For the seventh year in a row, the Czech Republic recorded growth in purchases abroad of cumene, which increased by 64% to X tons in 2021. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 32,127%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, cumene imports soared to $X in 2021. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by 15,594% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Spain (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of cumene imports to the Czech Republic, with a combined 99.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +216.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and France ($X) constituted the largest cumene suppliers to the Czech Republic, together comprising 99.9% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +239.7%, saw 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 cumene import price amounted to $X per ton, jumping by 58% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were France ($X per ton) and the Netherlands ($X per ton), while the price for Germany ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cumene in the world?

The countries with the highest volumes of cumene consumption in 2021 were Belgium, China and Japan, together accounting for 73% of global consumption. These countries were followed by the United States, Singapore, Brazil and Germany, which together accounted for a further 21%.

What are the largest producers of cumene in the world?

The countries with the highest volumes of cumene production in 2021 were the Netherlands, Japan and Singapore, together comprising 78% of global production. The United States, Germany, Russia and Portugal lagged somewhat behind, together comprising a further 19%.

What are the leading suppliers of cumene to the Czech Republic?

In value terms, the largest cumene suppliers to the Czech Republic were Spain, the Netherlands and France.

What is the average export price for cumene in the Czech Republic?

The average cumene export price stood at $3,918 per ton in 2019, standing approx. at the previous year.

What is the average import price for cumene in the Czech Republic?

The average cumene import price stood at $1,397 per ton in 2021, picking up by 58% against the previous year.

This report provides an in-depth analysis of the cumene market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141270 - Cumene

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023