Czech Republic: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in the Czech Republic

The Czech cyclanes, cyclenes and cycloterpenes market dropped rapidly to $X in 2021, which is down by -25.8% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced remarkably in the following year.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in the Czech Republic

In value terms, cyclanes, cyclenes and cycloterpenes production reduced notably to $X in 2021 estimated in export price. Over the period under review, production, however, posted noticeable growth. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. As a result, production reached the peak level of $X, and then plummeted in the following year.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from the Czech Republic

In 2021, approx. X tons of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) were exported from the Czech Republic; almost unchanged from the previous year's figure. Over the period under review, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2014 with an increase of 47%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports soared to $X in 2021. Overall, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2017 with an increase of 97% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), the United Arab Emirates (X tons) and Serbia (X tons) were the main destinations of cyclanes, cyclenes and cycloterpenes exports from the Czech Republic, together accounting for 63% of total exports.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +56.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United Arab Emirates ($X) and India ($X) appeared to be the largest markets for cyclanes, cyclenes and cycloterpenes exported from the Czech Republic worldwide, with a combined 81% share of total exports. Austria, Romania, Serbia, Slovakia, Denmark and Hungary lagged somewhat behind, together comprising a further 13%.

In terms of the main countries of destination, Serbia, with a CAGR of +54.3%, 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 cyclanes, cyclenes and cycloterpenes export price amounted to $X per ton, rising by 21% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 71%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Denmark ($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 Hungary (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into the Czech Republic

In 2021, imports of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) into the Czech Republic dropped significantly to X tons, which is down by -24.9% on 2020 figures. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 47% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes imports surged to $X in 2021. Over the period under review, imports faced a deep slump. The growth pace was the most rapid in 2017 when imports increased by 65% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), France (X tons) and Italy (X tons) were the main suppliers of cyclanes, cyclenes and cycloterpenes imports to the Czech Republic, with a combined 92% 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 +32.1%), while imports for the other leaders experienced a decline.

In value terms, the Netherlands ($X) constituted the largest supplier of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) to the Czech Republic, comprising 46% of total imports. The second position in the ranking was taken by Italy ($X), with a 21% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.8% per year) and Germany (-9.7% per year).

Import Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes import price amounted to $X per ton, surging by 80% against the previous year. Overall, the import price, however, recorded a pronounced contraction. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+59.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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