Czech Republic: Market for Soap In Different Forms 2024

Market Size for Soap In Different Forms in the Czech Republic

In 2021, the Czech soap in different forms market decreased by -68.3% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption showed a abrupt descent. As a result, consumption attained the peak level of $X, and then fell rapidly in the following year.

Production of Soap In Different Forms in the Czech Republic

In value terms, soap in different forms production contracted markedly to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt slump. The growth pace was the most rapid in 2020 when the production volume increased by 65%. As a result, production attained the peak level of $X, and then fell significantly in the following year.

Exports of Soap In Different Forms

Exports from the Czech Republic

In 2021, approx. X tons of soap in different forms were exported from the Czech Republic; with a decrease of -17.6% on the previous year's figure. In general, exports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2017 with an increase of 29% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, soap in different forms exports rose rapidly to $X in 2021. Over the period under review, exports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2020 when exports increased by 64%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Slovakia (X tons), Germany (X tons) and Poland (X tons) were the main destinations of soap in different forms exports from the Czech Republic, with a combined 72% share of total exports. France, Denmark, the Netherlands, Romania and Hungary lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +188.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soap in different forms exported from the Czech Republic were Slovakia ($X), Germany ($X) and Poland ($X), with a combined 76% share of total exports. These countries were followed by France, Denmark, the Netherlands, Romania and Hungary, which together accounted for a further 17%.

Among the main countries of destination, France, with a CAGR of +184.4%, saw the highest growth rate of 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

The average soap in different forms export price stood at $X per ton in 2021, growing by 28% against the previous year. Overall, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 an increase of 49% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to France ($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 Hungary (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soap In Different Forms

Imports into the Czech Republic

In 2021, supplies from abroad of soap in different forms decreased by -15.1% to X tons, falling for the third year in a row after three years of growth. Over the period under review, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.9% against 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 27%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, soap in different forms imports shrank to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then reduced in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of soap in different forms to the Czech Republic, with a 52% share of total imports. Moreover, soap in different forms imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was held by Spain (X tons), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-0.8% per year) and Spain (+9.4% per year).

In value terms, the largest soap in different forms suppliers to the Czech Republic were Germany ($X), Poland ($X) and Spain ($X), with a combined 68% share of total imports. The UK, Slovakia, Belgium, Indonesia, Italy, the Netherlands and France lagged somewhat behind, together comprising a further 22%.

Among the main suppliers, Indonesia, with a CAGR of +66.3%, recorded 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

The average soap in different forms import price stood at $X per ton in 2021, approximately equating the previous year. In general, the import price, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2020 an increase of 15%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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