Czech Republic: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in the Czech Republic

The Czech market for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at less than $X in 2022, leveling off at the previous year. In general, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 6.2% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in the Czech Republic

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms fell to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by 1% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from the Czech Republic

In 2016, approx. X tons of polyethylene terephthalate and other polyethylene terephthalate in primary forms were exported from the Czech Republic; growing by 38% on 2015 figures. Overall, exports, however, continue to indicate a perceptible decline. The exports peaked at X tons in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms soared to $X in 2016. Over the period under review, exports, however, recorded a deep setback. The exports peaked at $X in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

Exports by Country

Slovakia (X tons) was the main destination for exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from the Czech Republic, with a 75% share of total exports. Moreover, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Slovakia exceeded the volume sent to the second major destination, Poland (X tons), eightfold. Germany (X tons) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to Slovakia amounted to +80.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+91.4% per year) and Germany (-44.8% per year).

In value terms, Slovakia ($X) remains the key foreign market for polyethylene terephthalate and other polyethylene terephthalate in primary forms exports from the Czech Republic, comprising 78% of total exports. The second position in the ranking was taken by Poland ($X), with a 7.2% share of total exports. It was followed by Denmark, with a 6.6% share.

From 2012 to 2016, the average annual growth rate of value to Slovakia stood at +56.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+43.6% per year) and Denmark (-4.7% per year).

Export Prices by Country

In 2016, the average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, surging by 4.8% against the previous year. Over the period under review, the export price, however, showed a deep downturn. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2016, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-7.8%), while the prices for the other major destinations experienced a decline.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into the Czech Republic

For the fifth year in a row, the Czech Republic recorded growth in supplies from abroad of polyethylene terephthalate and other polyethylene terephthalate in primary forms, which increased by 3.7% to X tons in 2016. The total import volume increased at an average annual rate of +5.1% from 2012 to 2016; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 10%. Imports peaked in 2016 and are likely to see gradual growth in years to come.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms shrank to $X in 2016. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 0.6% against the previous year. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2016, imports remained at a lower figure.

Imports by Country

Germany (X tons), Lithuania (X tons) and Poland (X tons) were the main suppliers of imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to the Czech Republic, with a combined 52% share of total imports. Austria, the Netherlands, Romania, Belgium, India, South Korea, Slovakia, Pakistan and Italy lagged somewhat behind, together comprising a further 42%.

From 2012 to 2016, the biggest increases were recorded for Belgium (with a CAGR of +193.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms suppliers to the Czech Republic were Germany ($X), Lithuania ($X) and Poland ($X), with a combined 52% share of total imports. The Netherlands, Austria, Belgium, Romania, Italy, South Korea, India, Pakistan and Slovakia lagged somewhat behind, together comprising a further 41%.

Belgium, with a CAGR of +87.1%, recorded the highest growth rate of 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 2016, the average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, shrinking by -10.2% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 a decrease of -0.3%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2016, import prices remained at a lower figure.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Italy (-2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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