Czech Republic: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in the Czech Republic

The Czech unsaturated acyclic hydrocarbons market dropped slightly to $X in 2021, approximately mirroring the previous year. Overall, consumption, however, continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2019 when the market value increased by 1.6%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Unsaturated Acyclic Hydrocarbons Production in the Czech Republic

In value terms, unsaturated acyclic hydrocarbons production reached $X in 2021 estimated in export price. Overall, production, however, showed a abrupt contraction. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Unsaturated Acyclic Hydrocarbons Exports

Exports from the Czech Republic

In 2021, shipments abroad of unsaturated acyclic hydrocarbons decreased by -4.5% to X tons, falling for the fifth consecutive year after two years of growth. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of 14% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, unsaturated acyclic hydrocarbons exports expanded significantly to $X in 2021. Overall, exports recorded a perceptible reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons) was the main destination for unsaturated acyclic hydrocarbons exports from the Czech Republic, with a 61% share of total exports. Moreover, unsaturated acyclic hydrocarbons exports to Slovakia exceeded the volume sent to the second major destination, Germany (X tons), sixfold. The third position in this ranking was held by Bulgaria (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Slovakia amounted to -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-13.5% per year) and Bulgaria (+19.5% per year).

In value terms, Slovakia ($X) remains the key foreign market for unsaturated acyclic hydrocarbons exports from the Czech Republic, comprising 54% of total exports. The second position in the ranking was taken by Germany ($X), with a 22% share of total exports. It was followed by Bulgaria, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to Slovakia amounted to -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.2% per year) and Bulgaria (+42.0% per year).

Export Prices by Country

The average unsaturated acyclic hydrocarbons export price stood at $X per ton in 2021, growing by 15% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, unsaturated acyclic hydrocarbons export price increased by +107.6% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 52% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bulgaria ($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 Bulgaria (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Unsaturated Acyclic Hydrocarbons Imports

Imports into the Czech Republic

After four years of growth, purchases abroad of unsaturated acyclic hydrocarbons decreased by -15.1% to X tons in 2021. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 222% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then declined rapidly in the following year.

In value terms, unsaturated acyclic hydrocarbons imports rose markedly to $X in 2021. In general, imports recorded a mild curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 178%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) constituted the largest unsaturated acyclic hydrocarbons supplier to the Czech Republic, accounting for a 77% share of total imports. Moreover, unsaturated acyclic hydrocarbons imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.1% per year) and Poland (-9.0% per year).

In value terms, Belgium ($X) constituted the largest supplier of unsaturated acyclic hydrocarbons to the Czech Republic, comprising 70% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.2% per year) and Poland (-6.8% per year).

Import Prices by Country

The average unsaturated acyclic hydrocarbons import price stood at $X per ton in 2021, increasing by 34% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, 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 Poland ($X per ton), while the price for Belgium ($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 (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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