Czech Republic: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in the Czech Republic

The Czech organo-inorganic compounds market skyrocketed to $X in 2021, increasing by 24% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +79.3% against 2016 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in the near future.

Organo-Inorganic Compounds Production in the Czech Republic

In value terms, organo-inorganic compounds production totaled $X in 2021 estimated in export price. In general, production, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2017 with an increase of 314%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Organo-Inorganic Compounds Exports

Exports from the Czech Republic

In 2021, overseas shipments of organo-inorganic compounds (excluding organo-sulphur compounds) decreased by -11.1% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a slight decrease. The growth pace was the most rapid in 2015 with an increase of 54% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, organo-inorganic compounds exports rose significantly to $X in 2021. In general, total exports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -10.5% against 2017 indices. The growth pace was the most rapid in 2013 when exports increased by 45%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons), Italy (X tons) and Slovakia (X tons) were the main destinations of organo-inorganic compounds exports from the Czech Republic, with a combined 38% share of total exports. These countries were followed by France, Poland, Spain, Morocco, Austria, South Africa, Uzbekistan and Germany, which together accounted for a further 48%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +35.7%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the key foreign market for organo-inorganic compounds (excluding organo-sulphur compounds) exports from the Czech Republic, comprising 27% of total exports. The second position in the ranking was taken by Turkey ($X), with a 12% share of total exports. It was followed by Slovakia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain totaled +20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-2.7% per year) and Slovakia (+0.8% per year).

Export Prices by Country

The average organo-inorganic compounds export price stood at $X per ton in 2021, with an increase of 29% against the previous year. In general, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, organo-inorganic compounds export price increased by +67.7% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 30% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to France ($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 Uzbekistan (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Inorganic Compounds Imports

Imports into the Czech Republic

In 2021, the amount of organo-inorganic compounds (excluding organo-sulphur compounds) imported into the Czech Republic surged to X tons, increasing by 17% compared with 2020 figures. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -4.0% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 22%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, organo-inorganic compounds imports skyrocketed to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), India (X tons) and the Netherlands (X tons) were the main suppliers of organo-inorganic compounds imports to the Czech Republic, together comprising 79% of total imports. These countries were followed by Japan, China, Hungary, Italy, France, the UK and Belgium, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +99.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of organo-inorganic compounds (excluding organo-sulphur compounds) to the Czech Republic, comprising 61% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total imports. It was followed by Japan, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+0.1% per year) and Japan (+82.5% per year).

Import Prices by Country

The average organo-inorganic compounds import price stood at $X per ton in 2021, growing by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2014 when the average import price increased by 25%. The import price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for India ($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 (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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