Price for Poly(Lactic Acid); in Primary Forms in the Czech Republic - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in the Czech Republic (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in the Czech Republic (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in the Czech Republic
  4. Exports of Poly(Lactic Acid); in Primary Forms in the Czech Republic

Price for Poly(Lactic Acid); in Primary Forms in the Czech Republic (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $3,368 per ton in 2022, with an increase of 12% against the previous year. Overall, the import price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2019 an increase of 74% against the previous year. The import price peaked at $6,655 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($6,451 per ton), while the price for the Netherlands ($3,128 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Poly(Lactic Acid); in Primary Forms in the Czech Republic (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $27,612 per ton in 2022, jumping by 432% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($30,528 per ton), while the average price for exports to Germany amounted to $8,137 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Poly(Lactic Acid); in Primary Forms in the Czech Republic

In 2022, overseas purchases of poly(lactic acid); in primary formses decreased by -3.2% to 963 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.9% 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 +76.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 37%.

In value terms, poly(lactic acid); in primary forms imports expanded sharply to $3.2M in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Poly(Lactic Acid); in Primary Forms in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7591,1902,0172,34945.7%
Belgium1.9689778711620.6%
United States6716.2N/A0.9-89.0%
Others18.151.4188182115.8%
Total1,4501,9372,9823,24330.8%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to the Czech Republic in 2022:

  1. Netherlands (751.1 tons)
  2. Belgium (205.7 tons)
  3. United States (0.1 tons)

Exports of Poly(Lactic Acid); in Primary Forms in the Czech Republic

After three years of growth, overseas shipments of poly(lactic acid); in primary formses decreased by -84% to 4 tons in 2022. Overall, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 457%. As a result, the exports attained the peak of 25 tons, and then declined dramatically in the following year.

In value terms, poly(lactic acid); in primary forms exports contracted to $111K in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 650%. As a result, the exports attained the peak of $131K, and then dropped in the following year.

Export of Poly(Lactic Acid); in Primary Forms in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A0.1107106900.0%
Germany1.60.431.33.833.4%
BulgariaN/AN/A4.0N/A0%
BelgiumN/AN/A3.7N/A0%
Slovakia4.914.089.8N/A328.1%
Others1.13.01.80.7-14.0%
Total7.717.4131111143.4%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from the Czech Republic in 2022:

  1. Italy (3.5 tons)
  2. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

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