Flakes; of Potatoes Price in the Czech Republic - 2023

Contents:

  1. Flakes; of Potatoes Price in the Czech Republic (CIF) - 2023
  2. Flakes; of Potatoes Price in the Czech Republic (FOB) - 2022
  3. Flakes; of Potatoes Imports in the Czech Republic
  4. Flakes; of Potatoes Exports in the Czech Republic

Flakes; of Potatoes Price in the Czech Republic (CIF) - 2023

In August 2023, the average flakes; of potatoes import price amounted to $1,249 per ton, rising by 6.3% against the previous month. In general, import price indicated noticeable growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, flakes; of potatoes import price decreased by -19.4% against June 2023 indices. The growth pace was the most rapid in November 2022 when the average import price increased by 26% against the previous month. The import price peaked at $1,680 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($2,002 per ton), while the price for Belgium ($1,031 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in the Czech Republic (FOB) - 2022

The average flakes; of potatoes export price stood at $1,826 per ton in 2022, dropping by -3% against the previous year. Over the period under review, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2020 an increase of 45%. Over the period under review, the average export prices attained the peak figure at $2,291 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($2,409 per ton), while the average price for exports to Poland ($1,489 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 Hungary (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Imports in the Czech Republic

In 2022, the amount of flakes; of potatoeses imported into the Czech Republic soared to 8.6K tons, with an increase of 22% compared with 2021. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flakes; of potatoes imports expanded sharply to $10M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Import of Flakes; of Potatoes in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.23.03.64.0-1.6%
Netherlands1.51.22.02.213.6%
Poland0.40.21.01.140.1%
Slovakia1.01.11.80.8-7.2%
Belgium0.60.20.30.5-5.9%
France0.20.30.1N/A-29.3%
Belarus1.00.4N/AN/A-60.0%
Others0.50.80.21.750.4%
Total9.57.29.110.43.1%

Top Suppliers of Flakes; of Potatoes to the Czech Republic in 2022:

  1. France (undefinedK tons)
  2. Germany (3.3K tons)
  3. Netherlands (2.4K tons)
  4. Poland (0.7K tons)
  5. Belgium (0.7K tons)
  6. Slovakia (0.5K tons)

Flakes; of Potatoes Exports in the Czech Republic

Flakes; of potatoes exports from the Czech Republic shrank to 462 tons in 2022, which is down by -10% on 2021 figures. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year.

In value terms, flakes; of potatoes exports fell to $843K in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports attained the peak of $966K, and then dropped in the following year.

Export of Flakes; of Potatoes in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia542587590460-5.3%
Hungary82.891.812421136.6%
Poland41.91.819815755.3%
Others94.136.653.615.0-45.8%
Total7617179668433.5%

Top Export Markets for Flakes; of Potatoes from the Czech Republic in 2022:

  1. Slovakia (266.9 tons)
  2. Poland (105.2 tons)
  3. Hungary (87.6 tons)

Source: IndexBox Market Intelligence Platform

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