Czech Republic: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2024

Market Size for Hormones, Prostaglandins, Thromboxanes And Leukotrienes in the Czech Republic

In 2021, the Czech market for hormones, prostaglandins, thromboxanes and leukotrienes decreased by -5.9% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, recorded buoyant growth. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Hormones, Prostaglandins, Thromboxanes And Leukotrienes in the Czech Republic

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes production dropped to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +90.3% against 2012 indices. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from the Czech Republic

In 2021, the amount of hormones, prostaglandins, thromboxanes and leukotrienes exported from the Czech Republic surged to X tons, increasing by 135% on the previous year. In general, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports soared to $X in 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 176% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for hormones, prostaglandins, thromboxanes and leukotrienes exports from the Czech Republic, with a 66% share of total exports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes exports to Germany exceeded the volume sent to the second major destination, Italy (X kg), fivefold. The third position in this ranking was taken by Poland (X kg), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +35.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+47.8% per year) and Poland (+15.3% per year).

In value terms, the largest markets for hormones, prostaglandins, thromboxanes and leukotrienes exported from the Czech Republic were Italy ($X), Germany ($X) and Spain ($X), with a combined 94% share of total exports. These countries were followed by France, Poland and Slovakia, which together accounted for a further 1.4%.

In terms of the main countries of destination, France, with a CAGR of +78.3%, 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 export price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2021, which is down by -16.2% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2020 an increase of 67%. As a result, the export price reached the peak level of $X per kg, and then declined remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Italy ($X per kg), while the average price for exports to Poland ($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 Italy (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into the Czech Republic

In 2021, the amount of hormones, prostaglandins, thromboxanes and leukotrienes imported into the Czech Republic skyrocketed to X tons, with an increase of 34% compared with 2020. Overall, imports saw a strong increase. The pace of growth appeared the most rapid in 2019 when imports increased by 266% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports rose notably to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.1% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 46%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Ireland (X tons) constituted the largest supplier of hormones, prostaglandins, thromboxanes and leukotrienes to the Czech Republic, with a 73% share of total imports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes imports from Ireland exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was held by Mexico (X kg), with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume from Ireland amounted to +24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+22.7% per year) and Mexico (+9.5% per year).

In value terms, the largest hormones, prostaglandins, thromboxanes and leukotrienes suppliers to the Czech Republic were Ireland ($X), Mexico ($X) and China ($X), together comprising 57% of total imports.

Among the main suppliers, Ireland, with a CAGR of +36.7%, recorded the highest rates of growth with regard to the value of imports, 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 import price for hormones, prostaglandins, thromboxanes and leukotrienes amounted to $X per kg, falling by -15.8% against the previous year. In general, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 91% against the previous year. Over the period under review, average import prices hit record highs at $X per kg in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Mexico ($X per kg), while the price for Ireland ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :