Czech Republic: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in the Czech Republic

In 2021, after two years of decline, there was significant growth in the Czech ketone and quinone market, when its value increased by 56% to $X. Over the period under review, consumption showed a relatively flat trend pattern. Ketone and quinone consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Ketone And Quinone Production in the Czech Republic

In value terms, ketone and quinone production fell to $X in 2021 estimated in export price. In general, production, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by 80%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Ketone And Quinone Exports

Exports from the Czech Republic

In 2021, approx. X tons of ketones and quinones were exported from the Czech Republic; picking up by 84% compared with the year before. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 396%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, ketone and quinone exports surged to $X in 2021. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 279%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Italy (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of ketone and quinone exports from the Czech Republic, together accounting for 65% of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +164.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ketone and quinone exported from the Czech Republic were Italy ($X), Germany ($X) and Slovakia ($X), with a combined 62% share of total exports. Denmark, the Netherlands, Belgium and Sweden lagged somewhat behind, together accounting for a further 28%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +125.4%, 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

In 2021, the average ketone and quinone export price amounted to $X per ton, surging by 17% against the previous year. Overall, the export price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of 33% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Slovakia ($X per ton), while the average price for exports to Belgium ($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 (+11.5%), while the prices for the other major destinations experienced a decline.

Ketone And Quinone Imports

Imports into the Czech Republic

Ketone and quinone imports into the Czech Republic soared to X tons in 2021, picking up by 20% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 56%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, ketone and quinone imports skyrocketed to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of ketone and quinone imports to the Czech Republic, together comprising 90% of total imports. These countries were followed by the Netherlands, Russia and France, which together accounted for a further 6.6%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +58.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ketone and quinone suppliers to the Czech Republic were Italy ($X), Germany ($X) and Poland ($X), with a combined 83% share of total imports. These countries were followed by France, the Netherlands and Russia, which together accounted for a further 8.2%.

Russia, with a CAGR of +62.0%, saw 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

In 2021, the average ketone and quinone import price amounted to $X per ton, rising by 56% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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