Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic - 2023

Contents:

  1. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic (CIF) - 2023
  2. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic (FOB) - 2023
  3. Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic
  4. Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic (CIF) - 2023

The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $348 per ton in October 2023, with a decrease of -11.2% against the previous month. In general, import price indicated a slight expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for vegetables; potatoes (other than seed), fresh or chilleds decreased by -43.6% against July 2023 indices. The growth pace was the most rapid in July 2023 an increase of 19% against the previous month. As a result, import price reached the peak level of $616 per ton. From August 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($982 per ton), while the price for Germany ($306 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic (FOB) - 2023

The average export price for vegetables; potatoes (other than seed), fresh or chilleds stood at $390 per ton in October 2023, dropping by -35.7% against the previous month. In general, export price indicated a slight expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for vegetables; potatoes (other than seed), fresh or chilleds decreased by -50.4% against June 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 28% m-o-m. As a result, the export price attained the peak level of $786 per ton. From July 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Hungary ($1,362 per ton), while the average price for exports to Slovakia ($363 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic

After two years of decline, overseas purchases of vegetables; potatoes (other than seed), fresh or chilleds increased by 11% to 177K tons in 2022. In general, imports, however, showed a deep downturn.

In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $50M in 2022. Over the period under review, imports, however, showed a deep setback.

Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany32.023.818.927.0-5.5%
France16.812.49.812.8-8.7%
Netherlands5.33.32.32.6-21.1%
Slovakia0.81.11.11.523.3%
Spain3.52.23.51.4-26.3%
Austria0.80.80.71.07.7%
Poland2.71.61.40.8-33.3%
Others8.55.03.42.6-32.6%
Total70.450.241.149.7-11.0%

Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to the Czech Republic in 2022:

  1. Germany (114.0K tons)
  2. France (36.3K tons)
  3. Netherlands (5.3K tons)
  4. Poland (4.1K tons)
  5. Spain (3.5K tons)
  6. Slovakia (3.3K tons)
  7. Austria (2.8K tons)

Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic

In 2022, approx. 27K tons of vegetables; potatoes (other than seed), fresh or chilleds were exported from the Czech Republic; increasing by 58% compared with the previous year. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.6% 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 +93.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds surged to $11M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% 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 +68.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia8.76.16.69.11.5%
BulgariaN/AN/A0.10.8700.0%
Hungary0.20.10.10.535.7%
Austria0.50.30.30.3-15.7%
Germany0.1N/AN/A0.10.0%
Poland0.1N/AN/A0.10.0%
CroatiaN/AN/A0.20.1-50.0%
OthersN/A0.10.30.10.0%
Total9.66.67.711.25.3%

Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from the Czech Republic in 2022:

  1. Slovakia (21.1K tons)
  2. Austria (1.5K tons)
  3. Bulgaria (1.4K tons)
  4. Hungary (1.0K tons)
  5. Croatia (0.8K tons)
  6. Germany (0.6K tons)
  7. Poland (0.5K tons)

Source: IndexBox Market Intelligence Platform

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