Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic (FOB) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic (CIF) - 2023
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic (FOB) - 2023
In November 2023, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $4,645 per ton, approximately mirroring the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 13% against the previous month. The export price peaked at $4,914 per ton in July 2023; however, from August 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($7,449 per ton), while the average price for exports to Israel ($2,698 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic (CIF) - 2023
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,047 per ton in November 2023, increasing by 11% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 11% against the previous month. The import price peaked at $4,084 per ton in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Hungary ($5,821 per ton), while the price for Poland ($2,246 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Hungary (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic
In 2022, approx. 16K tons of soups and broths and preparations therefor; homogenised composite food preparationses were exported from the Czech Republic; growing by 27% against 2021. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses soared to $58M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 6.8 | 7.1 | 13.4 | 15.3 | 31.0% |
| Germany | 6.6 | 8.4 | 12.3 | 13.5 | 26.9% |
| Sweden | N/A | 2.0 | 6.2 | 8.5 | 106.2% |
| Austria | 0.5 | 0.2 | 1.1 | 5.5 | 122.4% |
| Hungary | 2.3 | 2.4 | 2.5 | 3.4 | 13.9% |
| Netherlands | 2.9 | 2.2 | 2.2 | 2.1 | -10.2% |
| Poland | 3.7 | 3.9 | 1.9 | 1.1 | -33.3% |
| Israel | N/A | N/A | 0.3 | 0.7 | 133.3% |
| United Kingdom | 2.3 | 0.9 | 0.5 | 0.4 | -44.2% |
| Turkey | 1.8 | 1.3 | 0.7 | N/A | -37.6% |
| Others | 7.3 | 6.6 | 6.8 | 7.6 | 1.4% |
| Total | 34.2 | 35.0 | 48.0 | 58.1 | 19.3% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from the Czech Republic in 2022:
- Slovakia (3.8K tons)
- Germany (3.5K tons)
- Sweden (2.5K tons)
- Austria (1.9K tons)
- Hungary (0.8K tons)
- Netherlands (0.5K tons)
- Israel (0.3K tons)
- Poland (0.3K tons)
- United Kingdom (0.1K tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic
In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses imported into the Czech Republic expanded sharply to 13K tons, surging by 8.9% against the previous year's figure. The total import volume increased at an average annual rate of +8.2% 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 2021 when imports increased by 18%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses expanded to $47M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.7 | 14.8 | 16.5 | 15.8 | 22.0% |
| Slovakia | 6.3 | 7.2 | 11.8 | 14.0 | 30.5% |
| Poland | 1.5 | 2.0 | 3.0 | 2.6 | 20.1% |
| Italy | 3.4 | 2.5 | 2.6 | 2.4 | -11.0% |
| Hungary | 1.8 | 1.8 | 1.9 | 1.7 | -1.9% |
| Spain | 0.6 | 0.5 | 1.2 | 1.6 | 38.7% |
| Vietnam | 3.3 | 0.2 | 0.3 | 0.3 | -55.0% |
| Others | 4.8 | 4.1 | 7.2 | 8.1 | 19.1% |
| Total | 30.6 | 33.1 | 44.5 | 46.5 | 15.0% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to the Czech Republic in 2022:
- Germany (5.4K tons)
- Slovakia (3.2K tons)
- Poland (1.2K tons)
- Italy (0.8K tons)
- Hungary (0.6K tons)
- Spain (0.5K tons)
- Vietnam (0.2K tons)
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