Czech Republic: Diphosphorus Pentaoxide Market 2024

Diphosphorus Pentaoxide Market Size in the Czech Republic

The Czech diphosphorus pentaoxide market skyrocketed to $X in 2022, rising by 67% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a notable expansion. Diphosphorus pentaoxide consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Diphosphorus Pentaoxide Exports

Exports from the Czech Republic

For the third consecutive year, the Czech Republic recorded growth in shipments abroad of diphosphorus pentaoxide, which increased by 567% to X kg in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 827% against the previous year. As a result, the exports attained the peak of X kg. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, diphosphorus pentaoxide exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 1,288%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

North Macedonia (X kg) was the main destination for diphosphorus pentaoxide exports from the Czech Republic, with a 75% share of total exports. Moreover, diphosphorus pentaoxide exports to North Macedonia exceeded the volume sent to the second major destination, Greece (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to North Macedonia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+14.9% per year) and Slovakia (-18.8% per year).

In value terms, Greece ($X) emerged as the key foreign market for diphosphorus pentaoxide exports from the Czech Republic, comprising 64% of total exports. The second position in the ranking was taken by Slovakia ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Greece totaled +31.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-12.6% per year) and North Macedonia (0.0% per year).

Export Prices by Country

In 2022, the average diphosphorus pentaoxide export price amounted to $X per ton, dropping by -69.8% against the previous year. In general, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 108% against the previous year. The export price peaked at $X per ton in 2021, and then fell rapidly in the following year.

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 Slovakia ($X per ton), while the average price for exports to North Macedonia ($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 Greece (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Diphosphorus Pentaoxide Imports

Imports into the Czech Republic

After two years of decline, overseas purchases of diphosphorus pentaoxide increased by 114% to X kg in 2022. Over the period under review, imports recorded perceptible growth. The most prominent rate of growth was recorded in 2019 when imports increased by 573% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, diphosphorus pentaoxide imports surged to $X in 2022. In general, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 when imports increased by 200%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X kg) constituted the largest diphosphorus pentaoxide supplier to the Czech Republic, with a 69% share of total imports. Moreover, diphosphorus pentaoxide imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X kg), threefold. Belgium (X kg) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+9.0% per year) and Belgium (+19.3% per year).

In value terms, the largest diphosphorus pentaoxide suppliers to the Czech Republic were Poland ($X), Germany ($X) and Belgium ($X), with a combined 94% share of total imports.

Poland, with a CAGR of +21.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average diphosphorus pentaoxide import price amounted to $X per ton, which is down by -34% against the previous year. Overall, the import price, however, continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 103%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :