Petroleum Jelly Price in the Czech Republic - 2023
Contents:
- Petroleum Jelly Price in the Czech Republic (CIF) - 2022
- Petroleum Jelly Price in the Czech Republic (FOB) - 2022
- Petroleum Jelly Imports in the Czech Republic
- Petroleum Jelly Exports in the Czech Republic
Petroleum Jelly Price in the Czech Republic (CIF) - 2022
In 2022, the average petroleum jelly import price amounted to $4,018 per ton, which is down by -25.9% against the previous year. In general, the import price, however, showed a measured expansion. The pace of growth was the most pronounced in 2019 an increase of 84% against the previous year. Over the period under review, average import prices hit record highs at $5,421 per ton in 2021, and then declined notably in the following year.
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 Germany ($5,735 per ton), while the price for the Netherlands ($2,045 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum Jelly Price in the Czech Republic (FOB) - 2022
The average petroleum jelly export price stood at $8,724 per ton in 2022, which is down by -28.4% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 62%. Over the period under review, the average export prices attained the maximum at $12,178 per ton in 2021, and then declined rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($32,682 per ton), while the average price for exports to Belgium ($3,567 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 Lithuania (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum Jelly Imports in the Czech Republic
In 2022, the amount of petroleum jellies imported into the Czech Republic reduced to 1.4K tons, dropping by -2.9% against 2021. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year.
In value terms, petroleum jelly imports reduced notably to $5.5M in 2022. In general, imports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of $7.7M, and then contracted sharply in the following year.
| Import of Petroleum Jelly in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4,549 | 5,062 | 5,576 | 3,418 | -9.1% |
| Hungary | 365 | 188 | 338 | 629 | 19.9% |
| Netherlands | 759 | 564 | 760 | 594 | -7.8% |
| Turkey | N/A | 7.2 | 15.6 | 245 | 483.3% |
| Austria | 70.8 | 6.6 | 130 | 114 | 17.2% |
| India | 91.4 | 64.7 | 41.3 | 57.8 | -14.2% |
| Others | 508 | 571 | 847 | 488 | -1.3% |
| Total | 6,344 | 6,463 | 7,708 | 5,545 | -4.4% |
Top Suppliers of Petroleum Jelly to the Czech Republic in 2022:
- Germany (595.9 tons)
- Netherlands (290.5 tons)
- Hungary (270.3 tons)
- Turkey (106.2 tons)
- Austria (42.6 tons)
- India (25.6 tons)
Petroleum Jelly Exports in the Czech Republic
In 2022, approx. 108 tons of petroleum jellies were exported from the Czech Republic; declining by -41.6% against the previous year's figure. Over the period under review, exports recorded a dramatic contraction. The smallest decline of -5.6% was in 2021.
In value terms, petroleum jelly exports fell remarkably to $938K in 2022. Overall, exports faced a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 7.9% against the previous year. As a result, the exports attained the peak of $2.2M, and then reduced dramatically in the following year.
| Export of Petroleum Jelly in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 529 | 640 | 693 | 348 | -13.0% |
| United Kingdom | 67.1 | 66.8 | 95.5 | 75.7 | 4.1% |
| Finland | 136 | 166 | 128 | 73.2 | -18.7% |
| Estonia | 82.9 | 117 | 125 | 38.1 | -22.8% |
| Lithuania | 90.6 | 125 | 131 | 38.1 | -25.1% |
| Belgium | 49.8 | 69.6 | 56.4 | 34.1 | -11.9% |
| Germany | 91.2 | 56.1 | 56.0 | 31.7 | -29.7% |
| Latvia | 62.8 | 100 | 97.9 | 30.2 | -21.7% |
| Ukraine | 69.1 | 108 | 120 | 29.5 | -24.7% |
| Spain | 18.4 | 14.1 | 24.4 | 26.9 | 13.5% |
| France | 26.5 | 31.6 | 44.7 | 21.0 | -7.5% |
| Netherlands | 20.8 | 26.5 | 20.5 | 11.4 | -18.2% |
| Poland | 242 | 167 | 44.5 | 6.9 | -69.4% |
| Others | 441 | 390 | 606 | 174 | -26.7% |
| Total | 1,927 | 2,077 | 2,242 | 938 | -21.3% |
Top Export Markets for Petroleum Jelly from the Czech Republic in 2022:
- Slovakia (54.7 tons)
- Belgium (9.5 tons)
- Spain (7.3 tons)
- Germany (7.1 tons)
- Finland (3.9 tons)
- Netherlands (2.5 tons)
- Estonia (2.5 tons)
- United Kingdom (2.3 tons)
- Lithuania (2.2 tons)
- Latvia (2.0 tons)
- France (1.8 tons)
- Ukraine (1.7 tons)
- Poland (0.3 tons)
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