Soybeans market in Czechia

Earlier Report Observations

Czech soybean production began at 25 260 t in 2018 and rose to 27 840 t the following year, with market volume expanding to 57 006 t. The COVID-19 pandemic in 2020 disrupted feed supply chains, reducing imports and cutting market size to 41 714 t, while domestic non-GMO harvest reached 33 020 t.

Production surged to 51 460 t in 2021 and further to 65 540 t in 2022, boosting market volume to 62 409 t. In 2023, cheap imports from Ukraine pressured local growers, contributing to a slight output dip to 63 390 t, and market volume fell to 55 495 t as exports grew.

By 2024, imports reached 52 032 t, supported by competitive South American prices and EU policy shifts favoring U.S. and other origins. Domestic biofuel demand continued to underpin local soybean prices, while consumer interest in soy-based foods added a new dimension to market dynamics.

Production soybeans in Czechia

In kind, 2017-2020, t

Top producers of soybeans, 2017-2020

World map of production of soybeans, 2017-2020

Soybean production in Czechia has increased for the second consecutive year. In 2020, the country produced 33 020 tonnes of soybeans, marking an 18.6% rise compared to the previous year. However, looking at the broader period from 2017 to 2020, production actually decreased by 10.8%, which translates to an average annual decline of 3.7%. The lowest production level was recorded in 2018 at 25 260 tonnes, with that year also seeing the largest drop of 31.8%.

Annual dynamics of production in Czechia in kind, 2017-2020, t

Exports soybeans from Czechia

Exports in kind, t

The export market for soybeans from Czechia showed significant volatility during these years. Exports peaked in 2017 and hit their lowest point in 2019, with a 9.3-fold difference between these two years. In 2020, soybean exports from Czechia reached 12 430 tonnes, representing a dramatic surge of 768.6% compared to the previous year. The minimum export volume was recorded in 2019 at 1 431 tonnes, which also saw the largest decline of 77.2%.

Annual dynamics of product's exports from Czechia in kind, 2017-2020, t

From 2017 to 2020, Germany, Austria, and Slovakia remained the primary buyers of soybeans from Czechia. Germany accounted for 52.5% of exports in kind, Austria for 26.5%, and Slovakia for 12.0%. Together, these three countries made up 91.0% of total soybean exports from Czechia during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Czechia in kind, 2017-2020

Exports in value, K $ US

The value of soybean exports from Czechia displayed irregular changes, reflecting a volatile market environment. There was a 6.4-fold variation between the peak in 2017 and the low in 2019. In 2020, soybean exports amounted to 6 054 thousand US dollars, showing a substantial year-on-year increase of 506.4%. The minimum value was recorded in 2019 at 998 thousand US dollars, with that year also experiencing the largest decline of 71.3%.

Annual dynamics of product's exports from Czechia in value, 2017-2020, K $ US

Between 2017 and 2020, Germany, Austria, and Slovakia consistently led as the top destinations for soybean exports from Czechia in value terms. Germany held 46.7% of the export value, Austria 31.2%, and Slovakia 11.2%. Collectively, these three markets accounted for 89.1% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Czechia in value, 2017-2020

Imports soybeans to Czechia

Imports in kind, t

In 2020, Czechia imported approximately 21 124 tonnes of soybeans, indicating a sharp decline of 31.0% compared to 2019. The maximum import volume was recorded in 2019 at 30 597 tonnes, which also saw the largest increase of 44.0%.

Annual dynamics of product's imports to Czechia in kind, 2017-2020, t

From 2017 to 2020, Germany, Slovakia, and Austria continued to be the main suppliers of soybeans to Czechia. Germany accounted for 42.8% of imports in kind, Slovakia for 22.3%, and Austria for 9.2%. Together, these three countries represented 74.3% of total soybean imports into Czechia.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Czechia in kind, 2017-2020

Imports in value, K $ US

After two years of growth, soybean imports into Czechia declined. In 2020, the country imported approximately 10 524 thousand US dollars worth of soybeans, reflecting a significant drop of 15.3% compared to 2019. Over the period from 2017 to 2020, imports increased by 10.8%, with a compound annual growth rate of 3.5%. The maximum import value was recorded in 2019 at 12 419 thousand US dollars, which also saw the largest increase of 14.9%.

Annual dynamics of product's imports to Czechia in value, 2017-2020, K $ US

Throughout 2017 to 2020, Germany, Slovakia, and Austria remained the key markets for soybean imports into Czechia in value terms. Germany accounted for 36.6% of import value, Slovakia for 17.9%, and Austria for 15.8%. Collectively, these three sources made up 70.4% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Czechia in value, 2017-2020