Czech Republic: Cyclohexane Market 2024

Cyclohexane Market Size in the Czech Republic

The Czech cyclohexane market dropped to $X in 2021, declining by -13.4% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Cyclohexane Production in the Czech Republic

In value terms, cyclohexane production shrank significantly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 60%. As a result, production attained the peak level of $X, and then reduced markedly in the following year.

Cyclohexane Exports

Exports from the Czech Republic

Cyclohexane exports from the Czech Republic surged to X tons in 2021, rising by 17% against 2020 figures. Over the period under review, exports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2017 when exports increased by 632%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cyclohexane exports fell to $X in 2021. In general, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by 525%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for cyclohexane exports from the Czech Republic, with a 69% share of total exports. Moreover, cyclohexane exports to Poland exceeded the volume sent to the second major destination, Slovakia (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland stood at -25.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-25.9% per year) and Croatia (+25.2% per year).

In value terms, the largest markets for cyclohexane exported from the Czech Republic were Slovakia ($X), Poland ($X) and Croatia ($X), with a combined 100% share of total exports.

In terms of the main countries of destination, Croatia, with a CAGR of +37.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average cyclohexane export price amounted to $X per ton, dropping by -25.3% against the previous year. Overall, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 211%. As a result, the export price reached the peak level of $X per ton, and then reduced sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cyclohexane Imports

Imports into the Czech Republic

Cyclohexane imports into the Czech Republic skyrocketed to X tons in 2021, increasing by 28% against 2020. Over the period under review, imports saw notable growth. The most prominent rate of growth was recorded in 2017 when imports increased by 316%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, cyclohexane imports surged to $X in 2021. Overall, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 408% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of cyclohexane to the Czech Republic, with a 78% share of total imports. Moreover, cyclohexane imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold. The third position in this ranking was taken by Slovakia (X tons), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +112.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+36.2% per year) and Slovakia (+186.1% per year).

In value terms, Russia ($X) constituted the largest supplier of cyclohexane to the Czech Republic, comprising 74% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Slovakia, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +132.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+25.9% per year) and Slovakia (+132.4% per year).

Import Prices by Country

The average cyclohexane import price stood at $X per ton in 2021, jumping by 43% against the previous year. Over the period under review, the import price, however, showed a mild setback. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Germany ($X per ton), while the price for Russia ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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