Czech Republic: Caustic Soda Market 2024

Caustic Soda Market Size in the Czech Republic

After three years of decline, the Czech caustic soda market increased by X% to $X in 2022. Overall, consumption enjoyed a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Caustic Soda Production in the Czech Republic

In value terms, caustic soda production contracted significantly to $X in 2022 estimated in export price. In general, production faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Caustic Soda Exports

Exports from the Czech Republic

In 2022, shipments abroad of caustic soda was finally on the rise to reach X tons after four years of decline. Over the period under review, exports, however, saw a abrupt decline. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, caustic soda exports soared to $X in 2022. Overall, exports, however, recorded a noticeable descent. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for caustic soda exports from the Czech Republic, accounting for a X% share of total exports. Moreover, caustic soda exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), more than tenfold. The third position in this ranking was held by Austria (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Austria (X% per year).

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

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Slovenia (X% per year).

Export Prices by Country

In 2022, the average caustic soda export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price, however, posted mild growth. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Germany ($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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Caustic Soda Imports

Imports into the Czech Republic

In 2022, purchases abroad of caustic soda increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, caustic soda imports soared to $X in 2022. Overall, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of caustic soda imports to the Czech Republic, together accounting for X% of total imports. Slovakia, Romania and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Hungary ($X) appeared to be the largest caustic soda suppliers to the Czech Republic, together accounting for X% of total imports. Slovakia, Romania and Russia lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average caustic soda import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 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. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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