Czech Republic: Perfume Market 2024

Perfume Market Size in the Czech Republic

In 2022, the Czech perfume market increased by 16% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +36.1% against 2020 indices. Perfume consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Perfume Production in the Czech Republic

In value terms, perfume production soared to $X in 2022 estimated in export price. Over the period under review, production posted a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 258% against the previous year. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in the near future.

Perfume Exports

Exports from the Czech Republic

In 2022, approx. X tons of perfumes and toilet waters were exported from the Czech Republic; increasing by 14% against the previous year's figure. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 68% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, perfume exports amounted to $X in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 55%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Italy (X tons), Poland (X tons) and Germany (X tons) were the main destinations of perfume exports from the Czech Republic, with a combined 41% share of total exports. Belgium, Slovakia, Switzerland, the Netherlands, Spain, the UK, France, Hungary, Russia and the United States lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +106.2%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Italy ($X) constituted the largest markets for perfume exported from the Czech Republic worldwide, together comprising 44% of total exports. Slovakia, Belgium, the Netherlands, Switzerland, France, the UK, Hungary, the United States, Spain and Russia lagged somewhat behind, together accounting for a further 39%.

In terms of the main countries of destination, Belgium, with a CAGR of +106.9%, recorded the highest growth rate of 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 perfume export price stood at $X per ton in 2022, dropping by -7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2014 an increase of 40%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Perfume Imports

Imports into the Czech Republic

In 2022, the amount of perfumes and toilet waters imported into the Czech Republic skyrocketed to X tons, growing by 18% against the previous year. In general, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 when imports increased by 71% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, perfume imports expanded notably to $X in 2022. Over the period under review, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 35%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

France (X tons), Poland (X tons) and Spain (X tons) were the main suppliers of perfume imports to the Czech Republic, with a combined 58% share of total imports. Belgium, Italy, the UK, the United States, Germany, the United Arab Emirates, the Netherlands and China lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +34.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of perfumes and toilet waters to the Czech Republic, comprising 45% of total imports. The second position in the ranking was taken by Spain ($X), with a 9.2% share of total imports. It was followed by Italy, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+28.7% per year) and Italy (+11.7% per year).

Import Prices by Country

The average perfume import price stood at $X per ton in 2022, waning by -10% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. The import price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :