Report Update Nov 1, 2024

Czech Republic - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Czech Republic: Sodium Nitrate Market 2024

Sodium Nitrate Market Size in the Czech Republic

The Czech sodium nitrate market reduced to $X in 2022, dropping by -7.5% against the previous year. In general, consumption continues to indicate a deep slump. Sodium nitrate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sodium Nitrate Production in the Czech Republic

In value terms, sodium nitrate production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 3%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sodium Nitrate Exports

Exports from the Czech Republic

Sodium nitrate exports from the Czech Republic was estimated at X tons in 2022, standing approx. at the previous year. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 5,943%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sodium nitrate exports soared to $X in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of 4,549% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Poland (X tons), Austria (X tons) and Estonia (X tons) were the main destinations of sodium nitrate exports from the Czech Republic, together accounting for 69% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +207.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sodium nitrate exported from the Czech Republic were Poland ($X), Estonia ($X) and Austria ($X), with a combined 67% share of total exports.

Estonia, with a CAGR of +160.4%, saw the highest growth rate of the value of exports, among the main countries of destination 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 sodium nitrate export price amounted to $X per ton, rising by 61% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium nitrate export price increased by +67.0% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Bulgaria ($X per ton) and Slovakia ($X per ton), while the average price for exports to Austria ($X per ton) and Estonia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Nitrate Imports

Imports into the Czech Republic

In 2022, supplies from abroad of sodium nitrate decreased by -17.6% to X tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 38%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sodium nitrate imports soared to $X in 2022. Overall, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Belgium (X tons) and Poland (X tons) were the main suppliers of sodium nitrate imports to the Czech Republic, together accounting for 93% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +133.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Belgium ($X) and Poland ($X) appeared to be the largest sodium nitrate suppliers to the Czech Republic, together accounting for 96% of total imports.

Belgium, with a CAGR of +160.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sodium nitrate import price stood at $X per ton in 2022, surging by 73% against the previous year. Over the period under review, the import price posted a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium nitrate in the world?

Chile constituted the country with the largest volume of sodium nitrate consumption, comprising approx. 50% of total volume. Moreover, sodium nitrate consumption in Chile exceeded the figures recorded by the second-largest consumer, Ukraine, ninefold. The third position in this ranking was occupied by Russia, with a 3.9% share.

What are the largest producers of sodium nitrate in the world?

Chile remains the largest sodium nitrate producing country worldwide, accounting for 56% of total volume. Moreover, sodium nitrate production in Chile exceeded the figures recorded by the second-largest producer, China, sixfold. Germany ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of sodium nitrate to the Czech Republic?

In value terms, Germany, Poland and Belgium appeared to be the largest sodium nitrate suppliers to the Czech Republic, with a combined 82% share of total imports. These countries were followed by the Netherlands and Ukraine, which together accounted for a further 17%.

What are the leading importers of sodium nitrate from the Czech Republic?

In value terms, Poland, Austria and Estonia appeared to be the largest markets for sodium nitrate exported from the Czech Republic worldwide, together comprising 72% of total exports.

What is the average export price for sodium nitrate in the Czech Republic?

The average sodium nitrate export price stood at $583 per ton in 2021, reducing by -4.2% against the previous year.

What is the average import price for sodium nitrate in the Czech Republic?

The average sodium nitrate import price stood at $726 per ton in 2021, rising by 35% against the previous year.

This report provides an in-depth analysis of the sodium nitrate market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 4005 -

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023