Czech Republic: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in the Czech Republic

After two years of decline, the Czech saturated acyclic hydrocarbons market increased by 1.3% to $X in 2022. Over the period under review, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Saturated Acyclic Hydrocarbons Production in the Czech Republic

In value terms, saturated acyclic hydrocarbons production shrank modestly to $X in 2022 estimated in export price. Overall, production showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 22% against the previous year. Saturated acyclic hydrocarbons production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Saturated Acyclic Hydrocarbons Exports

Exports from the Czech Republic

Saturated acyclic hydrocarbons exports from the Czech Republic shrank notably to X tons in 2022, which is down by -84.4% on the previous year. In general, exports recorded a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 546%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons exports fell remarkably to $X in 2022. Over the period under review, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 2,043% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons) was the main destination for saturated acyclic hydrocarbons exports from the Czech Republic, accounting for a 85% share of total exports. Moreover, saturated acyclic hydrocarbons exports to Slovakia exceeded the volume sent to the second major destination, Poland (X tons), more than tenfold. Germany (X tons) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia totaled -15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+34.4% per year) and Germany (-8.3% per year).

In value terms, Slovakia ($X) emerged as the key foreign market for saturated acyclic hydrocarbons exports from the Czech Republic, comprising 48% of total exports. The second position in the ranking was taken by Poland ($X), with a 14% share of total exports. It was followed by Hungary, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia totaled -12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+35.8% per year) and Hungary (+32.9% per year).

Export Prices by Country

In 2022, the average saturated acyclic hydrocarbons export price amounted to $X per ton, falling by -68.3% against the previous year. Over the period under review, the export price showed a mild setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 232% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Slovakia ($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 Austria (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Saturated Acyclic Hydrocarbons Imports

Imports into the Czech Republic

In 2022, the amount of saturated acyclic hydrocarbons imported into the Czech Republic was estimated at X tons, increasing by 4.5% compared with the previous year's figure. In general, imports showed a strong expansion. The growth pace was the most rapid in 2018 with an increase of 44%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons imports surged to $X in 2022. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of saturated acyclic hydrocarbons imports to the Czech Republic, with a combined 87% share of total imports. Russia, the Netherlands and China lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +170.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Poland ($X) constituted the largest saturated acyclic hydrocarbons suppliers to the Czech Republic, together comprising 75% of total imports. China, Russia and the Netherlands lagged somewhat behind, together comprising a further 21%.

In terms of the main suppliers, China, with a CAGR of +147.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average saturated acyclic hydrocarbons import price amounted to $X per ton, increasing by 22% against the previous year. Overall, the import price, however, saw a perceptible decline. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Poland ($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 (+2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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