Non-Liquid Margarine Price in the Czech Republic - 2023
Contents:
- Non-Liquid Margarine Price in the Czech Republic (CIF) - 2023
- Non-Liquid Margarine Price in the Czech Republic (FOB) - 2023
- Non-Liquid Margarine Imports in the Czech Republic
- Non-Liquid Margarine Exports in the Czech Republic
Non-Liquid Margarine Price in the Czech Republic (CIF) - 2023
The average non-liquid margarine import price stood at $1,854 per ton in June 2023, with a decrease of -3.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in July 2022 an increase of 12% m-o-m. The import price peaked at $1,949 per ton in January 2023; afterwards, it flattened through to June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Austria ($2,437 per ton) and Italy ($2,223 per ton), while the price for Germany ($1,644 per ton) and Poland ($1,782 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Price in the Czech Republic (FOB) - 2023
In June 2023, the average non-liquid margarine export price amounted to $2,760 per ton, picking up by 5.6% against the previous month. Over the period under review, export price indicated notable growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, non-liquid margarine export price increased by +5.6% against May 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 81% m-o-m. As a result, the export price attained the peak level of $2,961 per ton. From February 2023 to June 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In June 2023, the country with the highest price was Slovakia ($2,773 per ton), while the average price for exports to Hungary amounted to $2,039 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.0%).
Non-Liquid Margarine Imports in the Czech Republic
In 2022, imports of non-liquid margarine into the Czech Republic expanded remarkably to 43K tons, increasing by 6.7% compared with the year before. Over the period under review, imports, however, continue to indicate a noticeable slump.
In value terms, non-liquid margarine imports skyrocketed to $75M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +71.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Liquid Margarine in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 27.7 | 18.1 | 26.3 | 33.5 | 6.5% |
| Hungary | 6.2 | 9.1 | 9.8 | 11.0 | 21.1% |
| Slovakia | 3.1 | 3.4 | 4.1 | 6.3 | 26.7% |
| Belgium | 3.2 | 2.8 | 3.6 | 5.2 | 17.6% |
| Germany | 2.2 | 1.5 | 2.6 | 5.0 | 31.5% |
| Austria | 3.1 | 3.0 | 4.2 | 4.8 | 15.7% |
| Italy | 1.8 | 1.3 | 1.8 | 3.5 | 24.8% |
| Others | 3.3 | 4.4 | 3.2 | 5.4 | 17.8% |
| Total | 50.8 | 43.5 | 55.6 | 74.7 | 13.7% |
Top Suppliers of Non-Liquid Margarine to the Czech Republic in 2022:
- Poland (19.1K tons)
- Hungary (7.0K tons)
- Slovakia (4.0K tons)
- Germany (3.0K tons)
- Belgium (2.9K tons)
- Austria (2.3K tons)
- Italy (2.0K tons)
Non-Liquid Margarine Exports in the Czech Republic
In 2022, overseas shipments of non-liquid margarine increased by 61% to 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous shrinkage.
In value terms, non-liquid margarine exports surged to $2.4M in 2022. In general, exports, however, faced a abrupt setback.
| Export of Non-Liquid Margarine in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 4,106 | 2,547 | 1,575 | 2,217 | -18.6% |
| Hungary | 199 | 99.5 | 335 | 88.6 | -23.6% |
| Poland | 4.7 | 2.9 | 70.6 | 75.8 | 152.7% |
| Others | 14.8 | 4.4 | 29.0 | 9.2 | -14.7% |
| Total | 4,324 | 2,654 | 2,010 | 2,391 | -17.9% |
Top Export Markets for Non-Liquid Margarine from the Czech Republic in 2022:
- Slovakia (1301.4 tons)
- Poland (39.2 tons)
- Hungary (37.8 tons)
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