Czech Republic: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in the Czech Republic

In 2022, the Czech plastic ornamental articles market increased by 18% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a noticeable reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Plastic Ornamental Articles Production in the Czech Republic

In value terms, plastic ornamental articles production surged to $X in 2022 estimated in export price. Overall, production, however, saw a deep reduction. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Plastic Ornamental Articles Exports

Exports from the Czech Republic

In 2022, overseas shipments of statuettes and other ornamental articles of plastic decreased by -12.3% to X tons, falling for the second year in a row after two years of growth. Overall, exports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2017 with an increase of 48%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, plastic ornamental articles exports dropped notably to $X in 2022. In general, exports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 100% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for plastic ornamental articles exports from the Czech Republic, with a 66% share of total exports. Moreover, plastic ornamental articles exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), fourfold. Austria (X tons) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+3.2% per year) and Austria (+39.5% per year).

In value terms, Germany ($X) remains the key foreign market for statuettes and other ornamental articles of plastic exports from the Czech Republic, comprising 74% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 12% share of total exports. It was followed by Austria, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+10.9% per year) and Austria (+49.5% per year).

Export Prices by Country

In 2022, the average plastic ornamental articles export price amounted to $X per ton, dropping by -7.8% against the previous year. Over the period under review, the export price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 44% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Slovakia ($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 Germany (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Ornamental Articles Imports

Imports into the Czech Republic

After three years of decline, overseas purchases of statuettes and other ornamental articles of plastic increased by 3.5% to X tons in 2022. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 58% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic ornamental articles imports expanded modestly to $X in 2022. Overall, imports recorded a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 106%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest plastic ornamental articles supplier to the Czech Republic, accounting for a 70% share of total imports. Moreover, plastic ornamental articles imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+16.3% per year) and Germany (-1.7% per year).

In value terms, China ($X) constituted the largest supplier of statuettes and other ornamental articles of plastic to the Czech Republic, comprising 76% of total imports. The second position in the ranking was taken by Poland ($X), with a 7.4% share of total imports. It was followed by Germany, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+13.7% per year) and Germany (-2.0% per year).

Import Prices by Country

In 2022, the average plastic ornamental articles import price amounted to $X per ton, approximately equating the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic ornamental articles import price increased by +8.6% against 2017 indices. The pace of growth was the most pronounced in 2017 an increase of 40% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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