Czech Republic: Acetone Market 2024

Acetone Market Size in the Czech Republic

The Czech acetone market fell dramatically to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption continues to indicate a mild descent. Acetone consumption peaked at $X in 2021, and then shrank notably in the following year.

Acetone Production in the Czech Republic

In value terms, acetone production reduced to $X in 2022 estimated in export price. Overall, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Acetone Exports

Exports from the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in overseas shipments of acetone, which increased by X% to X tons in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, acetone exports soared to $X in 2022. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Italy (X tons) was the main destination for acetone exports from the Czech Republic, with a X% share of total exports. Moreover, acetone exports to Italy exceeded the volume sent to the second major destination, Slovakia (X tons), more than tenfold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and the Netherlands (X% per year).

In value terms, Italy ($X) remains the key foreign market for acetone exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Slovakia ($X), with an X% share of total exports. It was followed by Sweden, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Sweden (X% per year).

Export Prices by Country

The average acetone export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced mixed trend patterns.

Acetone Imports

Imports into the Czech Republic

In 2022, acetone imports into the Czech Republic soared to X tons, with an increase of X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, acetone imports reduced markedly to $X in 2022. Overall, imports saw a tangible expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of acetone to the Czech Republic, with a X% share of total imports. Moreover, acetone imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) constituted the largest supplier of acetone to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with an X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the average acetone import price amounted to $X per ton, waning by X% against the previous year. In general, the import price recorded a slight contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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