Czech Republic: Propellant Powders Market 2024

Propellant Powders Market Size in the Czech Republic

The Czech propellant powders market contracted rapidly to $X in 2021, reducing by -18.3% against the previous year. Over the period under review, consumption recorded a perceptible reduction. Propellant powders consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Propellant Powders Production in the Czech Republic

In value terms, propellant powders production amounted to $X in 2021 estimated in export price. In general, production, however, showed a slight descent. Propellant powders production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Propellant Powders Exports

Exports from the Czech Republic

Propellant powders exports from the Czech Republic totaled X tons in 2021, increasing by 2.5% against 2020 figures. In general, total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +3.2% 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 -39.0% against 2019 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 88%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, propellant powders exports soared to $X in 2021. Overall, total exports indicated a strong 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. The pace of growth appeared the most rapid in 2014 with an increase of 40% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), Italy (X tons) and the United States (X tons) were the main destinations of propellant powders exports from the Czech Republic, together comprising 47% of total exports. These countries were followed by Lithuania, China, Hungary, Oman, Turkey, Poland, Slovakia, India, Malaysia and Germany, which together accounted for a further 46%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +207.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for propellant powders exported from the Czech Republic were Japan ($X), Italy ($X) and China ($X), with a combined 45% share of total exports. The United States, Lithuania, Poland, Oman, Hungary, Malaysia, Turkey, Slovakia, Germany and India lagged somewhat behind, together comprising a further 46%.

India, with a CAGR of +186.1%, 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

In 2021, the average propellant powders export price amounted to $X per ton, increasing by 14% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, propellant powders export price increased by +65.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 45%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Lithuania ($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 (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Propellant Powders Imports

Imports into the Czech Republic

In 2021, propellant powders imports into the Czech Republic fell notably to X tons, waning by -35.6% on 2020 figures. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 164%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, propellant powders imports soared to $X in 2021. Overall, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 177%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Belgium (X tons), the United States (X tons) and France (X tons) were the main suppliers of propellant powders imports to the Czech Republic, with a combined 91% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +21.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest propellant powders suppliers to the Czech Republic were Belgium ($X), the United States ($X) and Switzerland ($X), together comprising 90% of total imports.

The United States, with a CAGR of +41.9%, recorded 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 propellant powders import price stood at $X per ton in 2021, growing by 111% against the previous year. In general, the import price posted a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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