Czech Republic: Inulin Market 2025

Inulin Market Size in the Czech Republic

The Czech inulin market dropped to $X in 2021, declining by -15% against the previous year. Over the period under review, consumption saw a deep contraction. Inulin consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Inulin Production in the Czech Republic

In value terms, inulin production contracted to $X in 2021 estimated in export price. Overall, production recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Inulin Exports

Exports from the Czech Republic

In 2021, overseas shipments of inulin decreased by -81.5% to X tons, falling for the third consecutive year after three years of growth. In general, exports showed a deep downturn. The growth pace was the most rapid in 2016 with an increase of 93%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, inulin exports dropped sharply to $X in 2021. Overall, exports recorded a pronounced contraction. The growth pace was the most rapid in 2016 when exports increased by 74%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), Slovakia (X tons) and Hungary (X tons) were the main destinations of inulin exports from the Czech Republic, with a combined 95% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +41.1%), while the other leaders experienced mixed trend patterns.

In value terms, Slovakia ($X), China ($X) and Hungary ($X) appeared to be the largest markets for inulin exported from the Czech Republic worldwide, together accounting for 88% of total exports.

Among the main countries of destination, China, with a CAGR of +40.7%, saw 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 inulin export price stood at $X per ton in 2021, rising by 68% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, inulin export price increased by +83.8% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to China ($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 the UK (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Inulin Imports

Imports into the Czech Republic

In 2021, overseas purchases of inulin decreased by -60% to X tons, falling for the third consecutive year after four years of growth. In general, imports continue to indicate a mild slump. The pace of growth appeared the most rapid in 2016 when imports increased by 76% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, inulin imports dropped rapidly to $X in 2021. Overall, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 57% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest inulin supplier to the Czech Republic, with a 72% share of total imports. Moreover, inulin imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +4.1%.

In value terms, Belgium ($X) constituted the largest supplier of inulin to the Czech Republic, comprising 65% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 26% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium amounted to +2.1%.

Import Prices by Country

In 2021, the average inulin import price amounted to $X per ton, rising by 23% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.1%).

Source: IndexBox Platform

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