Czech Republic: Modelling Pastes Market 2024

Modelling Pastes Market Size in the Czech Republic

The Czech modelling pastes market reduced to $X in 2021, shrinking by -9.3% against the previous year. In general, consumption, however, enjoyed a strong expansion. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Modelling Pastes Production in the Czech Republic

In value terms, modelling pastes production reached $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2017 with an increase of 99%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Modelling Pastes Exports

Exports from the Czech Republic

In 2021, overseas shipments of modelling pastes, dental wax and dental impression compounds were finally on the rise to reach X tons for the first time since 2014, thus ending a six-year declining trend. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, modelling pastes exports skyrocketed to $X in 2021. In general, total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X tons), Russia (X tons) and Poland (X tons) were the main destinations of modelling pastes exports from the Czech Republic, with a combined 47% share of total exports. Hungary, Slovakia, Germany, the United States and Ukraine lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +21.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Romania ($X) and Poland ($X) appeared to be the largest markets for modelling pastes exported from the Czech Republic worldwide, with a combined 47% share of total exports. Germany, Slovakia, Russia, Hungary and Ukraine lagged somewhat behind, together accounting for a further 30%.

Germany, with a CAGR of +32.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average modelling pastes export price stood at $X per ton in 2021, with an increase of 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2016 an increase of 44% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($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 Germany (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Modelling Pastes Imports

Imports into the Czech Republic

Modelling pastes imports into the Czech Republic surged to X tons in 2021, jumping by 36% compared with the previous year. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -9.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 37% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, modelling pastes imports surged to $X in 2021. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 77% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and Poland (X tons) were the main suppliers of modelling pastes imports to the Czech Republic, together accounting for 63% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +115.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest modelling pastes suppliers to the Czech Republic were Germany ($X), China ($X) and Italy ($X), together comprising 60% of total imports. France, Poland, the Netherlands, Slovakia and the United States lagged somewhat behind, together comprising a further 32%.

France, with a CAGR of +94.3%, 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 modelling pastes import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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