Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic - 2023

Contents:

  1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic (CIF) - 2023
  2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic (FOB) - 2022
  3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic
  4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic (CIF) - 2023

In November 2023, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $263K per ton, increasing by 45% against the previous month. In general, the import price showed a mild expansion. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 97% month-to-month. Over the period under review, average import prices hit record highs in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($627K per ton), while the price for Poland ($16,401 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $67,346 per ton, falling by -27% against the previous year. In general, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 418% against the previous year. Over the period under review, the average export prices reached the maximum at $92,224 per ton in 2021, and then dropped markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($505,450 per ton), while the average price for exports to Denmark ($26,548 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 Romania (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic

In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses imported into the Czech Republic soared to 16 tons, picking up by 54% on the previous year. In general, imports, however, continue to indicate a deep downturn.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses shrank to $1.6M in 2022. Overall, imports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 29%.

Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany832428781612-9.7%
Netherlands3.4565487605462.5%
China46820.145.2192-25.7%
Slovakia78.82.021.545.9-16.5%
Belgium23.638.930.939.718.9%
United States19.438.659.236.223.1%
Switzerland45347.712124.6-62.1%
Japan1205.01.57.6-60.1%
United Kingdom28.550.127.07.2-36.8%
HungaryN/AN/AN/A4.90%
Philippines130N/AN/AN/A0%
Others74.957.344.124.9-30.7%
Total2,2331,2531,6191,600-10.5%

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to the Czech Republic in 2022:

  1. Germany (7.8 tons)
  2. China (4.3 tons)
  3. Netherlands (1.8 tons)
  4. Belgium (0.6 tons)
  5. United States (0.4 tons)
  6. Slovakia (0.4 tons)
  7. Hungary (0.3 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic

In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses exported from the Czech Republic rose notably to 3.8 tons, increasing by 5.5% compared with the previous year. The total export volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 49% against the previous year. As a result, the exports reached the peak of 4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses totaled $334K in 2022. The total export value increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia76.779.710916228.3%
Malaysia42.422.658.055.19.1%
Poland6.96.610.820.443.5%
Germany48.343.662.519.7-25.8%
Austria5.715.817.418.648.3%
Hungary7.228.612.612.219.2%
Denmark0.32.16.84.7150.2%
Romania3.019.13.11.0-30.7%
Kazakhstan10.131.4N/AN/A210.9%
Others34.035.340.340.05.6%
Total23528532033412.4%

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from the Czech Republic in 2022:

  1. Slovakia (2051.0 kg)
  2. Poland (521.0 kg)
  3. Hungary (243.0 kg)
  4. Germany (212.0 kg)
  5. Austria (201.0 kg)
  6. Denmark (177.0 kg)
  7. Malaysia (109.0 kg)
  8. Romania (24.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Balances; of a sensitivity of 5cg or better, with or without weights - Czech Republic