Czech Republic: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in the Czech Republic

For the third year in a row, the Czech saturated acyclic monocarboxylic acids market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Saturated acyclic monocarboxylic acids consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Saturated Acyclic Monocarboxylic Acids in the Czech Republic

In value terms, saturated acyclic monocarboxylic acids production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Saturated acyclic monocarboxylic acids production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from the Czech Republic

In 2022, the amount of saturated acyclic monocarboxylic acids exported from the Czech Republic reduced sharply to X tons, with a decrease of X% against 2021 figures. Over the period under review, exports, however, enjoyed a notable expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, saturated acyclic monocarboxylic acids exports shrank significantly to $X in 2022. Overall, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then shrank notably in the following year.

Exports by Country

Poland (X tons), Slovakia (X tons) and the Netherlands (X tons) were the main destinations of saturated acyclic monocarboxylic acids exports from the Czech Republic, with a combined X% share of total exports. Germany, Belgium, Italy, the UK, Hungary, Greece, the United States and Ukraine lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for saturated acyclic monocarboxylic acids exported from the Czech Republic were Poland ($X), Slovakia ($X) and Italy ($X), together comprising X% of total exports. The Netherlands, Belgium, Germany, the United States, the UK, Greece, Hungary and Ukraine lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average saturated acyclic monocarboxylic acids export price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to the Netherlands ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into the Czech Republic

In 2022, imports of saturated acyclic monocarboxylic acids into the Czech Republic contracted to X tons, waning by X% against the previous year. In general, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, saturated acyclic monocarboxylic acids imports stood at $X in 2022. Over the period under review, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Belgium (X tons) and Lithuania (X tons) were the main suppliers of saturated acyclic monocarboxylic acids imports to the Czech Republic, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) appeared to be the largest saturated acyclic monocarboxylic acids suppliers to the Czech Republic, together comprising X% of total imports. The Netherlands, Lithuania, Poland, the UK, China, Sweden, Austria, Finland, Ukraine and Slovakia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Lithuania, with a CAGR of X%, recorded the highest growth rate of 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 monocarboxylic acids import price amounted to $X per ton, surging by X% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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