Czech Republic: Market for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs 2024

Market Size for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in the Czech Republic

The Czech meat and fish extracts market reduced to $X in 2022, falling by X% against the previous year. Over the period under review, consumption saw a perceptible downturn. Meat and fish extracts consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in the Czech Republic

In value terms, meat and fish extracts production reduced to $X in 2022 estimated in export price. Overall, production recorded a perceptible contraction. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Exports from the Czech Republic

In 2022, overseas shipments of extracts and juices of meat, fish, crustaceans and molluscs were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, recorded a deep setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, meat and fish extracts exports surged to $X in 2022. In general, exports showed a noticeable increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Serbia (X tons) was the main destination for meat and fish extracts exports from the Czech Republic, with a X% share of total exports. Moreover, meat and fish extracts exports to Serbia exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold.

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

In value terms, Serbia ($X) remains the key foreign market for extracts and juices of meat, fish, crustaceans and molluscs exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports.

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

Export Prices by Country

The average meat and fish extracts export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Italy ($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 the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Imports into the Czech Republic

In 2022, purchases abroad of extracts and juices of meat, fish, crustaceans and molluscs decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then contracted modestly in the following year.

In value terms, meat and fish extracts imports fell dramatically to $X in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) was the main supplier of meat and fish extracts to the Czech Republic, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled X%.

In value terms, Italy ($X) constituted the largest supplier of extracts and juices of meat, fish, crustaceans and molluscs to the Czech Republic.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to X%.

Import Prices by Country

In 2022, the average meat and fish extracts import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price recorded a deep contraction. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Source: IndexBox Platform

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