Czech Republic: Soft Drink Market 2024

Soft Drink Market Size in the Czech Republic

The Czech soft drink market stood at $X in 2023, rising by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Soft drink consumption peaked at $X in 2015; however, from 2016 to 2023, consumption remained at a lower figure.

Soft Drink Production in the Czech Republic

In value terms, soft drink production expanded markedly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. Soft drink production peaked at $X in 2015; however, from 2016 to 2023, production remained at a lower figure.

Soft Drink Exports

Exports from the Czech Republic

In 2023, after two years of growth, there was decline in overseas shipments of soft drinks, when their volume decreased by X% to X litres. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X litres in 2022, and then shrank slightly in the following year.

In value terms, soft drink exports soared to $X in 2023. In general, total exports indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X litres), Hungary (X litres) and Germany (X litres) were the main destinations of soft drink exports from the Czech Republic, with a combined X% share of total exports. The UK, Poland, France, Austria, Italy, Belgium and Switzerland lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual rate of growth in terms of value to Slovakia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Italy (X% per year).

Export Prices by Country

In 2023, the average soft drink export price amounted to $X per litre, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per litre), while the average price for exports to Hungary ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Soft Drink Imports

Imports into the Czech Republic

After two years of growth, purchases abroad of soft drinks decreased by X% to X litres in 2023. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at X litres in 2022, and then contracted in the following year.

In value terms, soft drink imports soared to $X in 2023. In general, total imports indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Poland (X litres) constituted the largest soft drink supplier to the Czech Republic, with a X% share of total imports. Moreover, soft drink imports from Poland exceeded the figures recorded by the second-largest supplier, Austria (X litres), threefold. Germany (X litres) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Germany (X% per year).

In value terms, the largest soft drink suppliers to the Czech Republic were Poland ($X), Germany ($X) and Austria ($X), with a combined X% share of total imports. The Netherlands, Slovakia, Hungary, Italy, Ukraine and Switzerland lagged somewhat behind, together accounting for a further X%.

Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average soft drink import price stood at $X per litre in 2023, increasing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, 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