Czech Republic: Market for Protein Concentrates and Flavoured or Coloured Sugar Syrups 2024

Market Size for Protein Concentrates and Flavoured or Coloured Sugar Syrups in the Czech Republic

The Czech market for protein concentrates and flavoured or coloured sugar syrups totaled $X in 2021, rising by 3.9% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Protein Concentrates and Flavoured or Coloured Sugar Syrups in the Czech Republic

In value terms, production of protein concentrates and flavoured or coloured sugar syrups shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a slight decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by 124%. As a result, production attained the peak level of $X. From 2018 to 2021, production of growth failed to regain momentum.

Exports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Exports from the Czech Republic

In 2021, after five years of growth, there was significant decline in overseas shipments of protein concentrates and flavoured or coloured sugar syrups, when their volume decreased by -37.8% to X tons. Overall, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2019 when exports increased by 71%. Over the period under review, the exports of reached the maximum at X tons in 2020, and then shrank markedly in the following year.

In value terms, exports of protein concentrates and flavoured or coloured sugar syrups reduced notably to $X in 2021. Over the period under review, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2018 with an increase of 61% against the previous year. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons), Germany (X tons) and Slovakia (X tons) were the main destinations of exports of protein concentrates and flavoured or coloured sugar syrups from the Czech Republic, with a combined 71% share of total exports. Estonia, the United States, Hungary, Lithuania, China, Belarus and Russia lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +447.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the key foreign market for protein concentrates and flavoured or coloured sugar syrups exports from the Czech Republic, comprising 35% of total exports. The second position in the ranking was taken by Germany ($X), with a 16% share of total exports. It was followed by Slovakia, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland amounted to +34.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+26.5% per year) and Slovakia (+5.9% per year).

Export Prices by Country

The average export price for protein concentrates and flavoured or coloured sugar syrups stood at $X per ton in 2021, increasing by 29% against the previous year. Overall, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +3.9% 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 2018 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Belarus ($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 Lithuania (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Imports into the Czech Republic

In 2021, overseas purchases of protein concentrates and flavoured or coloured sugar syrups decreased by -16.3% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2015 when imports increased by 69% against the previous year. Over the period under review, imports of hit record highs at X tons in 2020, and then contracted notably in the following year.

In value terms, imports of protein concentrates and flavoured or coloured sugar syrups amounted to $X in 2021. Overall, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2019 with an increase of 39% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Serbia (X tons), Slovakia (X tons) and the United States (X tons) were the main suppliers of imports of protein concentrates and flavoured or coloured sugar syrups to the Czech Republic, together comprising 77% of total imports. Poland, the Netherlands, Germany, Moldova, Denmark, Belgium and Italy lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Moldova (with a CAGR of +232.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), the United States ($X) and Serbia ($X) were the largest protein concentrate and flavoured or coloured sugar syrup suppliers to the Czech Republic, together accounting for 58% of total imports. These countries were followed by Poland, Germany, the Netherlands, Denmark, Belgium, Italy and Moldova, which together accounted for a further 29%.

Moldova, with a CAGR of +123.6%, 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

In 2021, the average import price for protein concentrates and flavoured or coloured sugar syrups amounted to $X per ton, growing by 20% against the previous year. Overall, the import price, however, continues to indicate a slight downturn. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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