Czech Republic: Fertilizer Market 2024

Fertilizer Market Size in the Czech Republic

The Czech fertilizer market skyrocketed to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fertilizer Production in the Czech Republic

In value terms, fertilizer production soared to $X in 2022 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level in 2022 and is expected to retain growth in the immediate term.

Fertilizer Exports

Exports from the Czech Republic

Fertilizer exports from the Czech Republic surged to X tons in 2022, rising by X% against the year before. Overall, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizer exports soared to $X in 2022. Over the period under review, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for fertilizer exports from the Czech Republic, with a X% share of total exports. Moreover, fertilizer exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), fivefold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Poland (X% per year).

In value terms, Germany ($X) remains the key foreign market for fertilizers exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Slovakia ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average fertilizer export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Austria ($X per ton) and Poland ($X per ton), while the average price for exports to Morocco ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fertilizer Imports

Imports into the Czech Republic

In 2022, overseas purchases of fertilizers were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fertilizer imports surged to $X in 2022. In general, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovakia (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of fertilizer imports to the Czech Republic, with a combined X% share of total imports. Austria, Belgium, Lithuania, Hungary and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fertilizer suppliers to the Czech Republic were Poland ($X), Slovakia ($X) and Germany ($X), with a combined X% share of total imports. Austria, Belgium, Lithuania, Hungary and Russia lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 fertilizer import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price saw a moderate expansion. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Hungary ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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