Czech Republic: Market for Glycosides And Vegetable Alkaloids 2025

Market Size for Glycosides And Vegetable Alkaloids in the Czech Republic

The Czech glycosides and vegetable alkaloids market dropped modestly to $X in 2021, reducing by -2.6% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Glycosides And Vegetable Alkaloids in the Czech Republic

In value terms, glycosides and vegetable alkaloids production declined rapidly to $X in 2021 estimated in export price. Overall, production recorded a significant curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 63%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Glycosides And Vegetable Alkaloids

Exports from the Czech Republic

After two years of decline, shipments abroad of glycosides and vegetable alkaloids increased by 26% to X tons in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 32%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, glycosides and vegetable alkaloids exports dropped significantly to $X in 2021. In general, total exports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -24.8% against 2019 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 29% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons), North Macedonia (X tons) and Germany (X tons) were the main destinations of glycosides and vegetable alkaloids exports from the Czech Republic, together accounting for 63% of total exports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +12.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for glycosides and vegetable alkaloids exports from the Czech Republic, comprising 40% of total exports. The second position in the ranking was taken by Japan ($X), with an 18% share of total exports. It was followed by India, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+10.5% per year) and India (+11.5% per year).

Export Prices by Country

In 2021, the average glycosides and vegetable alkaloids export price amounted to $X per kg, falling by -37% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, glycosides and vegetable alkaloids export price decreased by -39.0% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 29% against the previous year. As a result, the export price reached the peak level of $X per kg. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per kg), while the average price for exports to North Macedonia ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glycosides And Vegetable Alkaloids

Imports into the Czech Republic

In 2021, imports of glycosides and vegetable alkaloids into the Czech Republic surged to X tons, increasing by 22% against the previous year's figure. Over the period under review, imports posted a buoyant expansion. The growth pace was the most rapid in 2019 when imports increased by 159%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, glycosides and vegetable alkaloids imports fell to $X in 2021. Overall, imports posted resilient growth. The growth pace was the most rapid in 2019 when imports increased by 84% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Ireland (X tons) constituted the largest supplier of glycosides and vegetable alkaloids to the Czech Republic, with a 64% share of total imports. Moreover, glycosides and vegetable alkaloids imports from Ireland exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Ireland stood at +100.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+72.1% per year) and Germany (+21.1% per year).

In value terms, Ireland ($X) constituted the largest supplier of glycosides and vegetable alkaloids to the Czech Republic, comprising 57% of total imports. The second position in the ranking was held by Hungary ($X), with an 11% share of total imports. It was followed by Germany, with a 9% share.

From 2012 to 2021, the average annual growth rate of value from Ireland stood at +88.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+25.4% per year) and Germany (+27.5% per year).

Import Prices by Country

The average glycosides and vegetable alkaloids import price stood at $X per ton in 2021, with a decrease of -26.4% against the previous year. In general, the import price saw a deep setback. The growth pace was the most rapid in 2017 when the average import price increased by 38%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

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 Hungary ($X per ton), while the price for Austria ($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 (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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