Czech Republic: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in the Czech Republic

After two years of growth, the Czech prepared frozen vegetable market decreased by -X% to $X in 2020. In general, consumption, however, saw strong growth. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. Prepared frozen vegetable consumption peaked at $X in 2019, and then declined in the following year.

Prepared Frozen Vegetable Production in the Czech Republic

In value terms, prepared frozen vegetable production reduced notably to $X in 2020 estimated in export prices. Overall, production, however, saw a prominent expansion. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019, and then shrank sharply in the following year.

Prepared Frozen Vegetable Exports

Exports from the Czech Republic

In 2020, shipments abroad of frozen vegetables and mixtures of vegetables (prepared or preserved) increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in the immediate term.

In value terms, prepared frozen vegetable exports amounted to $X in 2020. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure in 2020 and are likely to continue growth in years to come.

Exports by Country

Austria (X tons), Slovakia (X tons) and the Netherlands (X tons) were the main destinations of prepared frozen vegetable exports from the Czech Republic, together comprising X% of total exports. These countries were followed by France, Germany, Romania and Sweden, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Austria ($X) and the Netherlands ($X) were the largest markets for prepared frozen vegetable exported from the Czech Republic worldwide, with a combined X% share of total exports. France, Germany, Sweden and Romania lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average prepared frozen vegetable export price amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was France ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports into the Czech Republic

In 2020, after nine years of decline, there was significant growth in overseas purchases of frozen vegetables and mixtures of vegetables (prepared or preserved), when their volume increased by X% to X tons. In general, imports showed noticeable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared frozen vegetable imports surged to $X in 2020. Overall, imports continue to indicate a notable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and Slovakia (X tons) were the main suppliers of prepared frozen vegetable imports to the Czech Republic, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Belgium, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of prepared frozen vegetable to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Slovakia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Slovakia (-X% per year).

Import Prices by Country

In 2020, the average prepared frozen vegetable import price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, import price indicated slight growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, prepared frozen vegetable import price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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