Czech Republic - Inulin - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInulin Price in the Czech Republic - 2023
Contents:
- Inulin Price in the Czech Republic (CIF) - 2023
- Inulin Price in the Czech Republic (FOB) - 2022
- Inulin Imports in the Czech Republic
- Inulin Exports in the Czech Republic
Inulin Price in the Czech Republic (CIF) - 2023
The average inulin import price stood at $3,260 per ton in June 2023, dropping by -5.2% against the previous month. In general, the import price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in December 2022 an increase of 20% m-o-m. The import price peaked at $5,578 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($5,138 per ton), while the price for Belgium ($3,093 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ireland (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Inulin Price in the Czech Republic (FOB) - 2022
In 2022, the average inulin export price amounted to $3,890 per ton, dropping by -16.8% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inulin export price increased by +52.9% against 2016 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 68% against the previous year. As a result, the export price attained the peak level of $4,676 per ton, and then contracted notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($7,455 per ton), while the average price for exports to Belgium ($2,653 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 the UK (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Inulin Imports in the Czech Republic
In 2022, after two years of decline, there was significant growth in purchases abroad of inulin, when their volume increased by 37% to 566 tons. In general, imports, however, continue to indicate a abrupt slump.
In value terms, inulin imports surged to $2.1M in 2022. Over the period under review, imports, however, recorded a noticeable slump.
Import of Inulin in the Czech Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 750 | 2,135 | 796 | 1,017 | 10.7% |
Ireland | N/A | N/A | 55.3 | 645 | 1066.4% |
Netherlands | 1,599 | 273 | 325 | 366 | -38.8% |
Others | 40.1 | 76.8 | 50.9 | 57.0 | 12.4% |
Total | 2,389 | 2,485 | 1,226 | 2,085 | -4.4% |
Top Suppliers of Inulin to the Czech Republic in 2022:
- Belgium (386.2 tons)
- Netherlands (111.0 tons)
- Ireland (56.5 tons)
Inulin Exports in the Czech Republic
In 2022, overseas shipments of inulin increased by 13% to 38 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp shrinkage.
In value terms, inulin exports contracted to $147K in 2022. Over the period under review, exports, however, faced a precipitous decrease.
Export of Inulin in the Czech Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 68.5 | 33.1 | 77.4 | 86.6 | 8.1% |
Hungary | 1.5 | 0.2 | 7.5 | 31.7 | 176.5% |
Belgium | N/A | N/A | N/A | 11.2 | 0% |
United Kingdom | N/A | N/A | 4.7 | 4.7 | 0.0% |
China | 132 | 139 | 52.0 | N/A | -37.2% |
United States | 354 | 327 | N/A | N/A | -7.6% |
Others | 2.1 | 2.8 | 14.7 | 12.3 | 80.3% |
Total | 558 | 502 | 156 | 147 | -35.9% |
Top Export Markets for Inulin from the Czech Republic in 2022:
- Slovakia (24.9 tons)
- Hungary (6.5 tons)
- Belgium (4.2 tons)
- United Kingdom (0.6 tons)
This report provides an in-depth analysis of the inulin market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10621130 - Inulin
Country coverage:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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