Czech Republic: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in the Czech Republic

The Czech market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof surged to $X in 2022, increasing by 228% against the previous year. In general, consumption showed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in the Czech Republic

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% 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 2017 with an increase of 25% against the previous year. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from the Czech Republic

In 2022, after two years of growth, there was significant decline in shipments abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, when their volume decreased by -27% to X tons. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 16%. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then declined sharply in the following year.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof expanded to $X in 2022. Overall, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 50%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons), Spain (X tons) and Belgium (X tons) were the main destinations of exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from the Czech Republic, together comprising 56% of total exports. Indonesia, Germany, Canada, India, Japan, the Netherlands, Italy, Thailand and France lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +24.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Spain ($X) and Belgium ($X) constituted the largest markets for cyclanic, cyclenic or cycloterpenic mono- or polyamines exported from the Czech Republic worldwide, with a combined 52% share of total exports. Germany, Indonesia, the Netherlands, Japan, Italy, Canada, India, France and Thailand lagged somewhat behind, together accounting for a further 36%.

Thailand, with a CAGR of +22.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, jumping by 42% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by +87.4% against 2020 indices. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Indonesia ($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 Italy (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into the Czech Republic

In 2022, approx. X tons of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof were imported into the Czech Republic; falling by -7.3% against the year before. Overall, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 66%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof skyrocketed to $X in 2022. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines to the Czech Republic, accounting for a 31% share of total imports. Moreover, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by Slovakia (X tons), with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.5% per year) and Slovakia (+72.8% per year).

In value terms, Germany ($X) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to the Czech Republic, comprising 42% of total imports. The second position in the ranking was taken by China ($X), with a 3.2% share of total imports. It was followed by Hungary, with a 0.9% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.2% per year) and Hungary (-8.4% per year).

Import Prices by Country

In 2022, the average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, rising by 25% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 42% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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