Czech Republic: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in the Czech Republic

In 2022, the Czech plastic household articles market decreased by -3.5% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Household Articles Production in the Czech Republic

In value terms, plastic household articles production rose sharply to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +15.1% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 113%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Plastic Household Articles Exports

Exports from the Czech Republic

In 2022, overseas shipments of household articles and toilet articles of plastics decreased by -1.9% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 47% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic household articles exports fell to $X in 2022. Overall, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +20.1% against 2017 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 18%. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

Germany (X tons) was the main destination for plastic household articles exports from the Czech Republic, with a 44% share of total exports. Moreover, plastic household articles exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+3.6% per year) and Poland (+9.2% per year).

In value terms, Germany ($X) remains the key foreign market for household articles and toilet articles of plastics exports from the Czech Republic, comprising 48% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 13% share of total exports. It was followed by Poland, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+2.9% per year) and Poland (+9.2% per year).

Export Prices by Country

In 2022, the average plastic household articles export price amounted to $X per ton, declining by -4.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 69% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into the Czech Republic

In 2022, overseas purchases of household articles and toilet articles of plastics increased by 2.5% to X tons, rising for the third year in a row after three years of decline. Over the period under review, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +19.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 51% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, plastic household articles imports declined modestly to $X in 2022. In general, imports posted a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 20% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell slightly in the following year.

Imports by Country

Poland (X tons), China (X tons) and Germany (X tons) were the main suppliers of plastic household articles imports to the Czech Republic, together accounting for 64% of total imports. Italy, Turkey, Serbia, Slovakia, France, Hungary and Austria lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +29.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household articles suppliers to the Czech Republic were China ($X), Poland ($X) and Germany ($X), with a combined 63% share of total imports. Italy, Turkey, Hungary, Slovakia, Serbia, France and Austria lagged somewhat behind, together comprising a further 21%.

Among the main suppliers, Serbia, with a CAGR of +23.8%, 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

The average plastic household articles import price stood at $X per ton in 2022, shrinking by -7% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic household articles import price increased by +85.0% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 60%. The import price peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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