Czech Republic: Wheat Bran Market 2024

Wheat Bran Market Size in the Czech Republic

The Czech wheat bran market skyrocketed to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, recorded a modest increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Wheat Bran Production in the Czech Republic

In value terms, wheat bran production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Wheat Bran Exports

Exports from the Czech Republic

In 2022, approx. X tons of wheat bran were exported from the Czech Republic; surging by X% compared with 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, wheat bran exports soared to $X in 2022. In general, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for wheat bran exports from the Czech Republic, with a X% share of total exports. Moreover, wheat bran exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%.

In value terms, Germany ($X) remains the key foreign market for wheat bran exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%.

Export Prices by Country

The average wheat bran export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat bran export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%).

Wheat Bran Imports

Imports into the Czech Republic

In 2022, supplies from abroad of wheat bran was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports showed significant growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, wheat bran imports surged to $X in 2022. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Slovakia (X tons) constituted the largest supplier of wheat bran to the Czech Republic, with a X% share of total imports. Moreover, wheat bran imports from Slovakia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fourfold. Austria (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovakia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Austria (X% per year).

In value terms, Slovakia ($X) constituted the largest supplier of wheat bran to the Czech Republic, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports. It was followed by Austria, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Slovakia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average wheat bran import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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