Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in the Czech Republic - 2023

Contents:

1. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in the Czech Republic (CIF) - 2022
2. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in the Czech Republic (FOB) - 2022
3. Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in the Czech Republic
4. Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in the Czech Republic

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in the Czech Republic (CIF) - 2022

The average import price for lac; natural gums, resins, gum-resins and balsamses stood at $8,952 per ton in 2022, picking up by 7.4% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lac; natural gums, resins, gum-resins and balsamses increased by +86.5% against 2015 indices. The pace of growth appeared the most rapid in 2013 an increase of 36%. As a result, import price attained the peak level of $10,270 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($18,077 per ton), while the price for Poland ($2,783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in the Czech Republic (FOB) - 2022

In 2022, the average export price for lac; natural gums, resins, gum-resins and balsamses amounted to $13,325 per ton, which is down by -21.7% against the previous year. In general, the export price, however, posted a measured expansion. The most prominent rate of growth was recorded in 2013 an increase of 160%. Over the period under review, the average export prices reached the maximum at $39,220 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Germany ($30,488 per ton), while the average price for exports to Hungary ($4,000 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 Sweden (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in the Czech Republic

In 2022, imports of lac; natural gums, resins, gum-resins and balsamses into the Czech Republic skyrocketed to 363 tons, jumping by 65% against the year before. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of lac; natural gums, resins, gum-resins and balsamses skyrocketed to $3.3M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to the Czech Republic in 2022:

1. France (107.0 tons)
2. United States (70.9 tons)
3. Poland (48.0 tons)
4. Germany (42.4 tons)
5. India (31.6 tons)
6. Italy (30.8 tons)
7. China (10.3 tons)
8. Slovakia (7.3 tons)
9. Peru (6.9 tons)

Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in the Czech Republic

Exports of lac; natural gums, resins, gum-resins and balsamses from the Czech Republic expanded markedly to 6 tons in 2022, increasing by 8.2% against 2021. In general, exports showed a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 101%. As a result, the exports reached the peak of 9.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of lac; natural gums, resins, gum-resins and balsamses declined dramatically to $80K in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year.

Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from the Czech Republic in 2022:

1. Slovakia (3944.0 kg)
2. Netherlands (757.0 kg)
3. Austria (582.0 kg)
4. Germany (443.0 kg)
5. Poland (130.0 kg)

Source: IndexBox Market Intelligence Platform