Czech Republic: Market for Industrial Tall Oil Fatty Acids 2025

Market Size for Industrial Tall Oil Fatty Acids in the Czech Republic

The Czech tall oil fatty acids market skyrocketed to $X in 2021, surging by 61% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw temperate growth. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Exports of Industrial Tall Oil Fatty Acids

Exports from the Czech Republic

For the third year in a row, the Czech Republic recorded decline in overseas shipments of industrial tall oil fatty acids, which decreased by -45.9% to X tons in 2021. Overall, exports faced a deep contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 622%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, tall oil fatty acids exports surged to $X in 2021. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by 514% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for tall oil fatty acids exports from the Czech Republic, with a 96% share of total exports. Moreover, tall oil fatty acids exports to the Netherlands exceeded the volume sent to the second major destination, Serbia (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands totaled +33.6%.

In value terms, the Netherlands ($X) emerged as the key foreign market for industrial tall oil fatty acids exports from the Czech Republic, comprising 97% of total exports. The second position in the ranking was taken by Serbia ($X), with a 2.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands totaled +47.6%.

Export Prices by Country

The average tall oil fatty acids export price stood at $X per ton in 2021, picking up by 165% against the previous year. Overall, the export price enjoyed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Serbia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Tall Oil Fatty Acids

Imports into the Czech Republic

In 2021, overseas purchases of industrial tall oil fatty acids increased by 26% to X tons, rising for the third consecutive year after four years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, tall oil fatty acids imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Finland (X tons) was the main supplier of tall oil fatty acids to the Czech Republic, accounting for a 95% share of total imports. It was followed by France (X tons), with a 2.3% share of total imports. Germany (X tons) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2021, the average annual growth rate of volume from Finland amounted to +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-5.3% per year) and Germany (+25.9% per year).

In value terms, Finland ($X) constituted the largest supplier of industrial tall oil fatty acids to the Czech Republic, comprising 93% of total imports. The second position in the ranking was held by Germany ($X), with a 3.3% share of total imports. It was followed by France, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Finland totaled +25.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+28.2% per year) and France (+6.0% per year).

Import Prices by Country

In 2021, the average tall oil fatty acids import price amounted to $X per ton, increasing by 24% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :