Czech Republic: Ureines Market 2024

Ureines Market Size in the Czech Republic

The Czech ureines market rose remarkably to $X in 2022, surging by X% against the previous year. Over the period under review, consumption continues to indicate measured growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Ureines Production in the Czech Republic

In value terms, ureines production expanded slightly to $X in 2022 estimated in export price. Overall, production posted significant growth. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Ureines production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Ureines Exports

Exports from the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in overseas shipments of ureines and their derivatives and salts thereof, which increased by X% to X tons in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, ureines exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for ureines exports from the Czech Republic, with a X% share of total exports. Moreover, ureines exports to the United States exceeded the volume sent to the second major destination, South Korea (X tons), fivefold. The third position in this ranking was held by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Belgium (X% per year).

In value terms, the United States ($X) remains the key foreign market for ureines and their derivatives and salts thereof exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average ureines export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

Ureines Imports

Imports into the Czech Republic

In 2022, the amount of ureines and their derivatives and salts thereof imported into the Czech Republic soared to X tons, with an increase of X% compared with 2021. Over the period under review, imports showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, ureines imports soared to $X in 2022. Overall, imports, however, saw a mild curtailment. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of ureines to the Czech Republic, accounting for a X% share of total imports. Moreover, ureines imports from India exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

In value terms, the largest ureines suppliers to the Czech Republic were India ($X), Germany ($X) and China ($X), together accounting for X% of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 ureines import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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