Switzerland: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in Switzerland

In 2021, the Swiss amine-function compounds market increased by 60% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Amine-Function Compounds Production in Switzerland

In value terms, amine-function compounds production reduced modestly to $X in 2021 estimated in export price. In general, production continues to indicate a slight decline. The pace of growth was the most pronounced in 2017 with an increase of 24%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Amine-Function Compounds Exports

Exports from Switzerland

Amine-function compounds exports from Switzerland skyrocketed to X tons in 2021, picking up by 21% against the previous year. Overall, total exports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, amine-function compounds exports soared to $X in 2021. In general, exports, however, continue to indicate a slight decline. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Germany (X tons) and China (X tons) were the main destinations of amine-function compounds exports from Switzerland, together comprising 57% of total exports. Japan, Spain, South Korea, Italy, the UK, the Czech Republic, France, Austria and Turkey lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +39.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Austria ($X) appeared to be the largest markets for amine-function compounds exported from Switzerland worldwide, together comprising 62% of total exports.

Austria, with a CAGR of +31.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average amine-function compounds export price stood at $X per ton in 2021, increasing by 14% against the previous year. In general, the export price, however, saw a deep contraction. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+13.6%), while the prices for the other major destinations experienced mixed trend patterns.

Amine-Function Compounds Imports

Imports into Switzerland

In 2021, the amount of amine-function compounds imported into Switzerland skyrocketed to X tons, growing by 129% on 2020 figures. Overall, imports showed a modest expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, amine-function compounds imports surged to $X in 2021. In general, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), France (X tons) and the United States (X tons) were the main suppliers of amine-function compounds imports to Switzerland, together comprising 89% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +18.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of amine-function compounds to Switzerland, comprising 45% of total imports. The second position in the ranking was taken by France ($X), with an 18% share of total imports. It was followed by the United States, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.9% per year) and the United States (+18.5% per year).

Import Prices by Country

In 2021, the average amine-function compounds import price amounted to $X per ton, with a decrease of -25.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 70% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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