Czech Republic: Roasted Malt Market 2024

Roasted Malt Market Size in the Czech Republic

The Czech roasted malt market reached $X in 2022, almost unchanged from the previous year. Overall, consumption recorded a abrupt decrease. Roasted malt consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Roasted Malt Production in the Czech Republic

In value terms, roasted malt production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Roasted Malt Exports

Exports from the Czech Republic

In 2022, overseas shipments of roasted malt increased by 23% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, showed a perceptible reduction. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, roasted malt exports contracted slightly to $X in 2022. Over the period under review, exports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons) was the main destination for roasted malt exports from the Czech Republic, accounting for a 57% share of total exports. Moreover, roasted malt exports to Slovakia exceeded the volume sent to the second major destination, Japan (X tons), fivefold. Romania (X tons) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-8.4% per year) and Romania (-1.0% per year).

In value terms, Slovakia ($X) remains the key foreign market for roasted malt exports from the Czech Republic, comprising 48% of total exports. The second position in the ranking was held by Romania ($X), with a 13% share of total exports. It was followed by Japan, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia amounted to -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-2.2% per year) and Japan (-9.3% per year).

Export Prices by Country

The average roasted malt export price stood at $X per ton in 2022, which is down by -21.2% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Japan ($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 Poland (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Malt Imports

Imports into the Czech Republic

In 2022, the amount of roasted malt imported into the Czech Republic skyrocketed to X tons, increasing by 40% compared with the previous year. Overall, imports recorded a temperate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 147% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, roasted malt imports surged to $X in 2022. In general, imports recorded prominent growth. The growth pace was the most rapid in 2021 when imports increased by 90% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of roasted malt to the Czech Republic, accounting for a 58% share of total imports. Moreover, roasted malt imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The UK (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +78.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.6% per year) and the UK (+43.9% per year).

In value terms, Italy ($X) constituted the largest supplier of roasted malt to the Czech Republic, comprising 60% of total imports. The second position in the ranking was held by Germany ($X), with a 23% share of total imports. It was followed by the UK, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +90.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.5% per year) and the UK (+38.2% per year).

Import Prices by Country

In 2022, the average roasted malt import price amounted to $X per ton, declining by -2.4% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, roasted malt import price decreased by -25.0% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 60% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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