Czech Republic: Ice Cream Market 2024

Ice Cream Market Size in the Czech Republic

The Czech ice cream market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Ice cream consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Ice Cream Production in the Czech Republic

In value terms, ice cream production stood at $X in 2021 estimated in export price. Overall, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.6% 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 decreased by -20.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 40%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Ice Cream Exports

Exports from the Czech Republic

In 2021, overseas shipments of ice cream were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +9.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -10.0% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 91%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, ice cream exports reduced to $X in 2021. In general, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 50% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons) was the main destination for ice cream exports from the Czech Republic, with a 61% share of total exports. Moreover, ice cream exports to Slovakia exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was taken by Hungary (X tons), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume to Slovakia stood at +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+24.0% per year) and Hungary (-1.5% per year).

In value terms, Slovakia ($X) remains the key foreign market for ice cream exports from the Czech Republic, comprising 58% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by Hungary, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value to Slovakia stood at +11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+22.4% per year) and Hungary (+2.4% per year).

Export Prices by Country

In 2021, the average ice cream export price amounted to $X per ton, waning by -2.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 41% against the previous year. The export price peaked at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Vietnam ($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 France (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ice Cream Imports

Imports into the Czech Republic

Ice cream imports into the Czech Republic rose sharply to X tons in 2021, increasing by 10% against the year before. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 31%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, ice cream imports rose significantly to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.3% 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 increased by +75.2% against 2014 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 25% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

Poland (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of ice cream imports to the Czech Republic, together accounting for 68% of total imports. These countries were followed by Belgium, France, Italy, the Netherlands, Lithuania, Ukraine and Slovakia, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +108.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Hungary ($X) were the largest ice cream suppliers to the Czech Republic, together comprising 63% of total imports. These countries were followed by Belgium, France, Italy, the Netherlands, Lithuania, Slovakia and Ukraine, which together accounted for a further 30%.

In terms of the main suppliers, Ukraine, with a CAGR of +113.3%, saw 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 ice cream import price stood at $X per ton in 2021, approximately reflecting the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2017 an increase of 23%. The import price peaked at $X per ton in 2019; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :