Czech Republic: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in the Czech Republic

In 2021, the Czech plastic household ware market decreased by -59.9% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption showed a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Plastic Household Ware Production in the Czech Republic

In value terms, plastic household ware production declined sharply to $X in 2021 estimated in export price. In general, production continues to indicate a dramatic decline. The pace of growth appeared the most rapid in 2019 when the production volume increased by 54%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Plastic Household Ware Exports

Exports from the Czech Republic

In 2021, approx. X tons of plastics household articles and toilet articles were exported from the Czech Republic; surging by 3.6% against 2020. Over the period under review, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.6% 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 -16.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 33%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, plastic household ware exports skyrocketed to $X in 2021. Overall, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +25.6% against 2019 indices. The pace of growth was the most pronounced in 2014 when exports increased by 18%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for plastic household ware exports from the Czech Republic, accounting for a 43% share of total exports. Moreover, plastic household ware exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with a 6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+3.5% per year) and Poland (+10.5% per year).

In value terms, Germany ($X) remains the key foreign market for plastics household articles and toilet articles exports from the Czech Republic, comprising 42% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 19% share of total exports. It was followed by Poland, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+5.9% per year) and Poland (+12.9% per year).

Export Prices by Country

The average plastic household ware export price stood at $X per ton in 2021, with an increase of 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to the UK ($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 Italy (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into the Czech Republic

After two years of decline, overseas purchases of plastics household articles and toilet articles increased by 15% to X tons in 2021. In general, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +2.7% 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 -27.0% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 28%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic household ware imports surged to $X in 2021. Over the period under review, total imports indicated a buoyant increase 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, imports increased by +81.6% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of plastic household ware imports to the Czech Republic, with a combined 60% share of total imports. These countries were followed by China, Slovakia, Turkey, the Netherlands, Serbia, Lithuania, Hungary and Austria, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +39.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household ware suppliers to the Czech Republic were Germany ($X), Poland ($X) and China ($X), together accounting for 59% of total imports. Italy, Slovakia, the Netherlands, Turkey, Hungary, Austria, Lithuania and Serbia lagged somewhat behind, together comprising a further 29%.

In terms of the main suppliers, Serbia, with a CAGR of +33.1%, recorded the highest rates of growth with regard to the value of imports, 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 plastic household ware import price amounted to $X per ton, surging by 6.6% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, plastic household ware import price increased by +78.1% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 31% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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