Czech Republic: Baby Food Market 2024

Baby Food Market Size in the Czech Republic

The Czech baby food market fell notably to $X in 2021, waning by -24.5% against the previous year. Overall, consumption recorded a pronounced descent. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Baby Food Production in the Czech Republic

In value terms, baby food production declined significantly to $X in 2021 estimated in export price. In general, production recorded a pronounced shrinkage. The growth pace was the most rapid in 2017 when the production volume increased by 107%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Baby Food Exports

Exports from the Czech Republic

Baby food exports from the Czech Republic shrank modestly to X tons in 2021, declining by -2.8% on 2020 figures. Over the period under review, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2015 with an increase of 252% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, baby food exports expanded rapidly to $X in 2021. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 158%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Slovakia (X tons) was the main destination for baby food exports from the Czech Republic, with a 62% share of total exports. Moreover, baby food exports to Slovakia exceeded the volume sent to the second major destination, Germany (X tons), twofold. Austria (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia stood at +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+182.2% per year) and Austria (+38.9% per year).

In value terms, Slovakia ($X), Germany ($X) and Austria ($X) appeared to be the largest markets for baby food exported from the Czech Republic worldwide, together comprising 98% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +213.2%, recorded 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 baby food export price stood at $X per ton in 2021, rising by 9.8% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, baby food export price increased by +148.1% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of 67% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Austria ($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 Italy (+32.0%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Food Imports

Imports into the Czech Republic

In 2021, purchases abroad of food preparations for infants decreased by -13.4% to X tons, falling for the second consecutive year after three years of growth. Overall, imports showed a mild contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 53%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, baby food imports dropped modestly to $X in 2021. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 11% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest baby food supplier to the Czech Republic, accounting for a 32% share of total imports. Moreover, baby food imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was held by Sweden (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-6.9% per year) and Sweden (+63.6% per year).

In value terms, Germany ($X) constituted the largest supplier of food preparations for infants to the Czech Republic, comprising 36% of total imports. The second position in the ranking was held by Poland ($X), with a 14% share of total imports. It was followed by Sweden, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-1.4% per year) and Sweden (+76.2% per year).

Import Prices by Country

In 2021, the average baby food import price amounted to $X per ton, growing by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2016 when the average import price increased by 42% against the previous year. The import price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Slovakia ($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 (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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