Switzerland: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Switzerland

In 2022, the Swiss benzoyl peroxide and chloride market increased by 12% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, posted a strong increase. Benzoyl peroxide and chloride consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Switzerland

In 2022, exports of benzoyl peroxide and benzoyl chloride from Switzerland surged to X tons, rising by 113% compared with 2021. In general, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2016 when exports increased by 532%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, benzoyl peroxide and chloride exports skyrocketed to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 493%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), France (X tons) and Bahrain (X tons) were the main destinations of benzoyl peroxide and chloride exports from Switzerland, with a combined 83% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +291.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for benzoyl peroxide and chloride exported from Switzerland were Germany ($X), France ($X) and Bahrain ($X), together accounting for 78% of total exports.

France, with a CAGR of +329.6%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 benzoyl peroxide and chloride export price stood at $X per ton in 2022, declining by -5.8% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, benzoyl peroxide and chloride export price decreased by -5.2% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Switzerland

Benzoyl peroxide and chloride imports into Switzerland totaled X tons in 2022, flattening at 2021. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, benzoyl peroxide and chloride imports surged to $X in 2022. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main suppliers of benzoyl peroxide and chloride imports to Switzerland, together comprising 67% of total imports. Poland, Mexico, the UK, the United States, Turkey, China and the Netherlands lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +215.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Poland ($X) appeared to be the largest benzoyl peroxide and chloride suppliers to Switzerland, together accounting for 67% of total imports. Belgium, Mexico, the United States, Turkey, the UK, China and the Netherlands lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, Mexico, with a CAGR of +202.8%, saw the highest rates of growth with regard to 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

In 2022, the average benzoyl peroxide and chloride import price amounted to $X per ton, jumping by 26% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, benzoyl peroxide and chloride import price increased by +47.1% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 37% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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