Czech Republic: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in the Czech Republic

In 2021, the Czech prepared dish and meal market increased by 9.1% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +4.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in years to come.

Production of Prepared Dishes And Meals in the Czech Republic

In value terms, prepared dish and meal production fell to $X in 2021 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +38.9% against 2018 indices. The growth pace was the most rapid in 2020 when the production volume increased by 27% against the previous year. As a result, production attained the peak level of $X, and then fell in the following year.

Exports of Prepared Dishes And Meals

Exports from the Czech Republic

In 2021, approx. X tons of prepared dishes and meals were exported from the Czech Republic; increasing by 3.4% compared with the year before. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 16% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, prepared dish and meal exports soared to $X in 2021. In general, exports posted strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X tons), Germany (X tons) and Poland (X tons) were the main destinations of prepared dish and meal exports from the Czech Republic, with a combined 49% share of total exports. These countries were followed by France, the UK, the Netherlands, Hungary, Austria, Spain, Italy, Sweden, Romania and Denmark, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +11.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared dish and meal exported from the Czech Republic were Slovakia ($X), Germany ($X) and Poland ($X), with a combined 51% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +18.5%, 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 prepared dish and meal export price stood at $X per ton in 2021, increasing by 23% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, prepared dish and meal export price increased by +67.1% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Denmark ($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 Romania (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes And Meals

Imports into the Czech Republic

In 2021, supplies from abroad of prepared dishes and meals was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by 23%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, prepared dish and meal imports surged to $X in 2021. In general, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +87.5% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of prepared dish and meal imports to the Czech Republic, with a combined 56% share of total imports. These countries were followed by Turkey, Austria, Slovakia, Italy, Belgium, Hungary, China, Spain, Israel and France, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +17.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared dish and meal suppliers to the Czech Republic were Germany ($X), Poland ($X) and the Netherlands ($X), together accounting for 48% of total imports. These countries were followed by Turkey, Slovakia, Italy, China, Austria, France, Belgium, Hungary, Israel and Spain, which together accounted for a further 39%.

China, with a CAGR of +15.5%, recorded the highest rates of growth with regard to 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 2021, the average prepared dish and meal import price amounted to $X per ton, increasing by 16% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2019 an increase of 23% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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