Price for Flour and Meal; of Potatoes in the Czech Republic - 2023

Contents:

  1. Price for Flour and Meal; of Potatoes in the Czech Republic (CIF) - 2022
  2. Price for Flour and Meal; of Potatoes in the Czech Republic (FOB) - 2022
  3. Imports of Flour and Meal; of Potatoes in the Czech Republic
  4. Exports of Flour and Meal; of Potatoes in the Czech Republic

Price for Flour and Meal; of Potatoes in the Czech Republic (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $1,999 per ton in 2022, declining by -14.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 37%. Over the period under review, average import prices reached the peak figure at $4,118 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,632 per ton), while the price for Austria ($1,615 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in the Czech Republic (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $3,236 per ton in 2022, which is down by -44.2% against the previous year. Over the period under review, the export price, however, recorded measured growth. The pace of growth appeared the most rapid in 2016 an increase of 101%. Over the period under review, the average export prices reached the maximum at $5,801 per ton in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($5,943 per ton), while the average price for exports to Slovakia ($1,196 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 Italy (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour and Meal; of Potatoes in the Czech Republic

Flour and meal; of potatoes imports into the Czech Republic soared to 454 tons in 2022, jumping by 28% against 2021. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 244%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, flour and meal; of potatoes imports expanded sharply to $907K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 131%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Flour and Meal; of Potatoes in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria10.327.717.6514268.2%
Germany1982357142274.7%
Netherlands0.82.68.362.2326.8%
PortugalN/AN/AN/A55.20%
Poland31.168.550.525.6-6.3%
Others28.726.642.822.6-7.7%
Total26936083390750.0%

Top Suppliers of Flour and Meal; of Potatoes to the Czech Republic in 2022:

  1. Austria (318.4 tons)
  2. Germany (100.8 tons)
  3. Poland (9.6 tons)
  4. Netherlands (8.2 tons)
  5. Portugal (8.0 tons)

Exports of Flour and Meal; of Potatoes in the Czech Republic

In 2022, overseas shipments of flour and meal; of potatoeses decreased by -14.4% to 51 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 68 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, flour and meal; of potatoes exports declined sharply to $164K in 2022. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. As a result, the exports reached the peak of $347K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Flour and Meal; of Potatoes in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany175237239105-15.7%
Austria82.276.873.528.5-29.7%
Slovakia3.62.88.120.979.7%
United KingdomN/A0.72.53.1110.4%
Poland18.421.712.32.8-46.6%
Norway3.5N/AN/AN/A0%
Others5.67.58.63.3-16.2%
Total289347343164-17.2%

Top Export Markets for Flour and Meal; of Potatoes from the Czech Republic in 2022:

  1. Germany (25.0 tons)
  2. Slovakia (17.5 tons)
  3. Austria (5.5 tons)
  4. Poland (0.9 tons)
  5. United Kingdom (0.9 tons)

Source: IndexBox Market Intelligence Platform

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