Switzerland: Aromatic Polyamines Market 2024

Aromatic Polyamines Market Size in Switzerland

In 2021, the Swiss aromatic polyamines market decreased by -30.8% to $X, falling for the third year in a row after three years of growth. In general, consumption, however, enjoyed a noticeable expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Aromatic Polyamines Production in Switzerland

In value terms, aromatic polyamines production expanded notably to $X in 2021 estimated in export price. Over the period under review, production enjoyed a strong increase. The growth pace was the most rapid in 2016 with an increase of 354% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Aromatic Polyamines Exports

Exports from Switzerland

In 2021, aromatic polyamines exports from Switzerland surged to X tons, with an increase of 28% on the previous year. Overall, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 48% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, aromatic polyamines exports surged to $X in 2021. Over the period under review, total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.5% 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 2014 when exports increased by 32% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Germany (X tons) and Japan (X tons) were the main destinations of aromatic polyamines exports from Switzerland, with a combined 61% share of total exports. These countries were followed by China, Spain, South Korea, Italy and the UK, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +17.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Japan ($X) appeared to be the largest markets for aromatic polyamines exported from Switzerland worldwide, together comprising 53% of total exports. The UK, Spain, South Korea, Italy and China lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, South Korea, with a CAGR of +13.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average aromatic polyamines export price stood at $X per ton in 2021, flattening at the previous year. Overall, the export price recorded a noticeable slump. The pace of growth appeared the most rapid in 2015 an increase of 19% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to China ($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 the UK (+0.8%), while the prices for the other major destinations experienced a decline.

Aromatic Polyamines Imports

Imports into Switzerland

Aromatic polyamines imports into Switzerland surged to X tons in 2021, jumping by 102% against 2020. Over the period under review, imports, however, showed a perceptible descent. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, aromatic polyamines imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 47% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest aromatic polyamines supplier to Switzerland, accounting for a 63% share of total imports. Moreover, aromatic polyamines imports from Germany exceeded the figures recorded by the second-largest supplier, Japan (X tons), fivefold. Belgium (X tons) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+4.6% per year) and Belgium (+0.3% per year).

In value terms, Germany ($X), India ($X) and Japan ($X) appeared to be the largest aromatic polyamines suppliers to Switzerland, together comprising 85% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +22.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aromatic polyamines import price stood at $X per ton in 2021, waning by -37.2% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 60% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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