Czech Republic: Veterinary Medicine Vaccines Market 2025

Veterinary Medicine Vaccines Market Size in the Czech Republic

In 2021, the Czech veterinary medicine vaccines market increased by 6.3% to $X, rising for the fifth consecutive year after two years of decline. Overall, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +111.5% against 2016 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in years to come.

Veterinary Medicine Vaccines Production in the Czech Republic

In value terms, veterinary medicine vaccines production dropped to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +64.8% against 2012 indices. The growth pace was the most rapid in 2014 with an increase of 6.9% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then dropped modestly in the following year.

Veterinary Medicine Vaccines Exports

Exports from the Czech Republic

In 2021, shipments abroad of vaccines for veterinary medicine decreased by -1.3% to X tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when exports increased by 21%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, veterinary medicine vaccines exports skyrocketed to $X in 2021. In general, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2013 when exports increased by 42% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Poland (X tons), Ukraine (X tons) and Romania (X tons) were the main destinations of veterinary medicine vaccines exports from the Czech Republic, with a combined 36% share of total exports. Belgium, Croatia, Turkey, Greece, Hungary, Spain, Denmark, Germany, Slovakia and Serbia lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +46.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for veterinary medicine vaccines exported from the Czech Republic were Poland ($X), Ukraine ($X) and Slovakia ($X), with a combined 30% share of total exports. Germany, Denmark, Turkey, Belgium, Spain, Hungary, Greece, Romania, Croatia and Serbia lagged somewhat behind, together accounting for a further 35%.

Spain, with a CAGR of +44.5%, saw the highest rates of growth with regard to 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

The average veterinary medicine vaccines export price stood at $X per ton in 2021, picking up by 26% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, veterinary medicine vaccines export price increased by +61.7% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Serbia ($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 Slovakia (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Veterinary Medicine Vaccines Imports

Imports into the Czech Republic

In 2021, supplies from abroad of vaccines for veterinary medicine increased by 82% to X tons, rising for the second year in a row after two years of decline. In general, imports showed a temperate increase. The pace of growth was the most pronounced in 2013 when imports increased by 88%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, veterinary medicine vaccines imports surged to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +120.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 71%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Belgium (X tons), Slovakia (X tons) and Spain (X tons) were the main suppliers of veterinary medicine vaccines imports to the Czech Republic, together comprising 72% of total imports. These countries were followed by Austria, Germany, Hungary, Poland, France and Croatia, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +75.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest veterinary medicine vaccines suppliers to the Czech Republic were Slovakia ($X), Austria ($X) and Belgium ($X), with a combined 80% share of total imports. These countries were followed by Spain, Germany, France, Poland, Hungary and Croatia, which together accounted for a further 18%.

Poland, with a CAGR of +82.2%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2021, the average veterinary medicine vaccines import price amounted to $X per ton, waning by -29.3% against the previous year. In general, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 48% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then declined markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Croatia (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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