Czech Republic: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in the Czech Republic

The Czech polyvinyl chloride market soared to $X in 2022, growing by 20% against the previous year. Overall, consumption recorded a remarkable increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Polyvinyl Chloride Production in the Czech Republic

In value terms, polyvinyl chloride production fell dramatically to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by 61%. As a result, production reached the peak level of $X, and then fell dramatically in the following year.

Polyvinyl Chloride Exports

Exports from the Czech Republic

In 2022, shipments abroad of polyvinyl chloride decreased by -10.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 25%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, polyvinyl chloride exports expanded sharply to $X in 2022. In general, exports, however, posted a measured increase. The pace of growth appeared the most rapid in 2021 with an increase of 71%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Italy (X tons) was the main destination for polyvinyl chloride exports from the Czech Republic, with a 36% share of total exports. Moreover, polyvinyl chloride exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.1% per year) and Poland (-4.4% per year).

In value terms, Italy ($X), Germany ($X) and Poland ($X) appeared to be the largest markets for polyvinyl chloride exported from the Czech Republic worldwide, with a combined 68% share of total exports. Turkey, the UK, Belgium, Slovakia, Hungary, the United States and Romania lagged somewhat behind, together comprising a further 22%.

The United States, with a CAGR of +74.1%, saw the highest growth rate of the value of exports, in terms of 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 polyvinyl chloride export price stood at $X per ton in 2022, jumping by 27% against the previous year. Overall, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 59%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to the UK ($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 Romania (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports into the Czech Republic

Polyvinyl chloride imports into the Czech Republic shrank to X tons in 2022, falling by -8.4% compared with 2021 figures. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, polyvinyl chloride imports expanded notably to $X in 2022. Overall, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X tons), Poland (X tons) and Hungary (X tons) were the main suppliers of polyvinyl chloride imports to the Czech Republic, with a combined 57% share of total imports. The Netherlands, Slovakia, Belgium, Italy, the UK, Romania, France, Spain, Sweden and Austria lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +65.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyvinyl chloride suppliers to the Czech Republic were Germany ($X), Poland ($X) and the Netherlands ($X), with a combined 58% share of total imports. Hungary, Slovakia, France, Belgium, Italy, Spain, Sweden, the UK, Romania and Austria lagged somewhat behind, together accounting for a further 36%.

Romania, with a CAGR of +70.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polyvinyl chloride import price stood at $X per ton in 2022, growing by 19% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride import price increased by +77.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 49% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Austria ($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 (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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