Price for Protein; Concentrates and Textured Protein Substances in the Czech Republic - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in the Czech Republic (FOB) - 2024
- Price for Protein; Concentrates and Textured Protein Substances in the Czech Republic (CIF) - 2024
- Exports of Protein; Concentrates and Textured Protein Substances in the Czech Republic
- Imports of Protein; Concentrates and Textured Protein Substances in the Czech Republic
Price for Protein; Concentrates and Textured Protein Substances in the Czech Republic (FOB) - 2024
In March 2024, the average export price for protein; concentrates and textured protein substanceses amounted to $5,095 per ton, reducing by -7% against the previous month. Overall, the export price saw a deep slump. The pace of growth appeared the most rapid in October 2023 an increase of 227% month-to-month. Over the period under review, the average export prices hit record highs at $21,471 per ton in November 2023; however, from December 2023 to March 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($7,932 per ton), while the average price for exports to Poland ($3,623 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in the Czech Republic (CIF) - 2024
The average import price for protein; concentrates and textured protein substanceses stood at $4,077 per ton in March 2024, declining by -22.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 20% m-o-m. Over the period under review, average import prices reached the peak figure at $5,250 per ton in February 2024, and then reduced dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Germany ($10,092 per ton), while the price for Moldova ($1,044 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Slovakia (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Protein; Concentrates and Textured Protein Substances in the Czech Republic
Exports of protein; concentrates and textured protein substanceses from the Czech Republic surged to 5.3K tons in 2022, with an increase of 66% compared with the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of protein; concentrates and textured protein substanceses soared to $56M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Protein; Concentrates and Textured Protein Substances in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 0.2 | 1.6 | 40.2 | 1317.7% |
| Poland | 2.9 | 6.1 | 6.0 | 6.5 | 30.9% |
| Germany | 2.1 | 3.4 | 2.8 | 3.3 | 16.3% |
| Slovakia | 1.7 | 1.8 | 2.5 | 2.1 | 7.3% |
| Estonia | 0.5 | 1.0 | 1.1 | 0.9 | 21.6% |
| Hungary | 0.6 | 0.5 | 0.6 | 0.5 | -5.9% |
| China | 12.5 | 5.0 | 0.3 | N/A | -84.5% |
| Others | 3.4 | 3.7 | 2.6 | 2.7 | -7.4% |
| Total | 23.8 | 21.8 | 17.4 | 56.3 | 33.2% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from the Czech Republic in 2022:
- United States (3511.5 tons)
- Poland (873.6 tons)
- Germany (334.3 tons)
- Slovakia (177.3 tons)
- Hungary (120.2 tons)
- Estonia (93.4 tons)
- China (0.5 tons)
Imports of Protein; Concentrates and Textured Protein Substances in the Czech Republic
In 2022, overseas purchases of protein; concentrates and textured protein substanceses decreased by -8.9% to 6.1K tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of 8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of protein; concentrates and textured protein substanceses declined to $28M in 2022. The total import value increased at an average annual rate of +10.2% 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 38% against the previous year.
| Import of Protein; Concentrates and Textured Protein Substances in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 5.4 | 5.9 | 7.3 | 6.0 | 3.6% |
| Poland | 0.7 | 1.4 | 2.5 | 4.2 | 81.7% |
| Serbia | 1.6 | 4.5 | 4.6 | 3.2 | 26.0% |
| United States | 3.0 | 4.7 | 4.9 | 3.1 | 1.1% |
| Netherlands | 0.7 | 5.8 | 2.0 | 2.6 | 54.9% |
| Germany | 0.9 | 1.8 | 2.0 | 1.5 | 18.6% |
| Moldova | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| Brazil | 1.2 | 0.2 | N/A | N/A | -83.3% |
| Others | 7.6 | 4.6 | 5.5 | 6.9 | -3.2% |
| Total | 21.0 | 29.0 | 29.0 | 28.0 | 10.1% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to the Czech Republic in 2022:
- Slovakia (1678.9 tons)
- Serbia (1517.7 tons)
- Poland (752.7 tons)
- Moldova (552.3 tons)
- United States (466.5 tons)
- Netherlands (321.0 tons)
- Germany (184.4 tons)
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