Alcohols Market Overview in the Czech Republic
In value terms, alcohols production declined to $ in estimated in export prices. Overall, production saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Over the period under review, production reached the maximum level at $ in 2007; however, from 2008 to , production remained at a lower figure.
The revenue of the alcohols market in the Czech Republic surged to $ in , jumping by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when the market value increased by % year-to-year. As a result, consumption attained the peak level of $. from 2012 to , the growth of the market remained at a lower figure.