Czech Republic: Market for Industrial Monocarboxylic Fatty Acids 2025

Market Size for Industrial Monocarboxylic Fatty Acids in the Czech Republic

In 2021, the Czech industrial monocarboxylic fatty acids market decreased by -13% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +56.5% against 2018 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Production of Industrial Monocarboxylic Fatty Acids in the Czech Republic

In value terms, industrial monocarboxylic fatty acids production contracted significantly to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 55% against the previous year. As a result, production reached the peak level of $X, and then reduced notably in the following year.

Exports of Industrial Monocarboxylic Fatty Acids

Exports from the Czech Republic

In 2021, overseas shipments of industrial monocarboxylic fatty acids increased by 3.9% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 19% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, industrial monocarboxylic fatty acids exports surged to $X in 2021. In general, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for industrial monocarboxylic fatty acids exports from the Czech Republic, accounting for a 50% share of total exports. Moreover, industrial monocarboxylic fatty acids exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), twofold. The third position in this ranking was held by Austria (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+11.8% per year) and Austria (+18.3% per year).

In value terms, the largest markets for industrial monocarboxylic fatty acids exported from the Czech Republic were Germany ($X), Poland ($X) and Austria ($X), together comprising 80% of total exports. These countries were followed by the Netherlands, Slovakia and Lithuania, which together accounted for a further 18%.

Among the main countries of destination, Lithuania, with a CAGR of +97.5%, 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

In 2021, the average industrial monocarboxylic fatty acids export price amounted to $X per ton, picking up by 32% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Lithuania ($X per ton), while the average price for exports to the Netherlands ($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 Slovakia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Monocarboxylic Fatty Acids

Imports into the Czech Republic

Industrial monocarboxylic fatty acids imports into the Czech Republic skyrocketed to X tons in 2021, rising by 47% compared with 2020. Over the period under review, imports showed buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of 51% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, industrial monocarboxylic fatty acids imports surged to $X in 2021. In general, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Romania (X tons) were the main suppliers of industrial monocarboxylic fatty acids imports to the Czech Republic, together comprising 65% of total imports. These countries were followed by Bulgaria, Poland, Belgium, Lithuania, Sweden, France and Spain, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +114.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) were the largest industrial monocarboxylic fatty acids suppliers to the Czech Republic, with a combined 67% share of total imports. These countries were followed by Romania, Bulgaria, Poland, Sweden, Lithuania, Spain and France, which together accounted for a further 28%.

Spain, with a CAGR of +110.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average industrial monocarboxylic fatty acids import price stood at $X per ton in 2021, jumping by 21% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 24% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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