Czech Republic: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in the Czech Republic

In 2021, after three years of decline, there was significant growth in the Czech double or complex silicates market, when its value increased by 25% to $X. Overall, consumption, however, recorded a abrupt contraction. Double or complex silicates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Double Or Complex Silicates in the Czech Republic

In value terms, double or complex silicates production surged to $X in 2021 estimated in export price. Over the period under review, production, however, faced a precipitous curtailment. Double or complex silicates production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Double Or Complex Silicates

Exports from the Czech Republic

In 2021, double or complex silicates exports from the Czech Republic skyrocketed to X tons, increasing by 65% compared with 2020. Overall, exports, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2014 with an increase of 456%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, double or complex silicates exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of 1,877%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Slovakia (X tons), Belgium (X tons) and Italy (X tons) were the main destinations of double or complex silicates exports from the Czech Republic, with a combined 82% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +11,632.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for double or complex silicates exported from the Czech Republic were Italy ($X), Belgium ($X) and Slovakia ($X), together accounting for 91% of total exports.

Among the main countries of destination, Belgium, with a CAGR of +17,182.2%, saw 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

The average double or complex silicates export price stood at $X per ton in 2021, picking up by 65% against the previous year. Overall, the export price, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 256% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Croatia ($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 Belgium (+46.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Double Or Complex Silicates

Imports into the Czech Republic

In 2021, supplies from abroad of double or complex silicates increased by 5.7% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports posted a resilient increase. The pace of growth appeared the most rapid in 2015 when imports increased by 64%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, double or complex silicates imports soared to $X in 2021. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 65%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Bosnia and Herzegovina (X tons) constituted the largest double or complex silicates supplier to the Czech Republic, with a 79% share of total imports. Moreover, double or complex silicates imports from Bosnia and Herzegovina exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Poland (X tons) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Bosnia and Herzegovina amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.2% per year) and Poland (+5.6% per year).

In value terms, Germany ($X), Bosnia and Herzegovina ($X) and Poland ($X) appeared to be the largest double or complex silicates suppliers to the Czech Republic, together comprising 82% of total imports.

Among the main suppliers, Poland, with a CAGR of +12.1%, recorded 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

The average double or complex silicates import price stood at $X per ton in 2021, with an increase of 14% against the previous year. Over the period under review, the import price, however, recorded a pronounced reduction. The growth pace was the most rapid in 2018 an increase of 37% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a 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 the UK ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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