Switzerland: Market for Bromides And Bromide Oxides, Iodides And Iodide Oxides 2024

Market Size for Bromides And Bromide Oxides, Iodides And Iodide Oxides in Switzerland

The Swiss market for bromides and bromide oxides, iodides and iodide oxides surged to $X in 2021, growing by 70% against the previous year. Over the period under review, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Bromides, iodides and oxids thereof consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Bromides And Bromide Oxides, Iodides And Iodide Oxides in Switzerland

In value terms, bromides, iodides and oxids thereof production skyrocketed to $X in 2021 estimated in export price. Overall, production saw buoyant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 1,179%. Bromides, iodides and oxids thereof production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from Switzerland

In 2021, after six years of growth, there was significant decline in overseas shipments of bromides and bromide oxides, iodides and iodide oxides, when their volume decreased by -15.4% to X tons. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 90%. Over the period under review, the exports reached the maximum at X tons in 2020, and then dropped notably in the following year.

In value terms, bromides, iodides and oxids thereof exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of 39% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for bromides, iodides and oxids thereof exports from Switzerland, with a approx. 97% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +39.5%.

In value terms, Germany ($X) also remains the key foreign market for bromides and bromide oxides, iodides and iodide oxides exports from Switzerland.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +13.8%.

Export Prices by Country

The average export price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2021, growing by 61% against the previous year. Over the period under review, the export price, however, faced a abrupt shrinkage. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -18.4% per year.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports into Switzerland

In 2021, purchases abroad of bromides and bromide oxides, iodides and iodide oxides increased by 32% to X tons, rising for the fourth consecutive year after three years of decline. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 58% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, bromides, iodides and oxids thereof imports soared to $X in 2021. Over the period under review, total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +147.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 28% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main suppliers of bromides, iodides and oxids thereof imports to Switzerland, with a combined 74% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +85.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bromides, iodides and oxids thereof suppliers to Switzerland were France ($X), Germany ($X) and the UK ($X), together accounting for 74% of total imports. These countries were followed by India, the Netherlands, China and Israel, which together accounted for a further 23%.

The Netherlands, with a CAGR of +47.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2021, dropping by -3.6% against the previous year. Over the period under review, the import price recorded a noticeable descent. The growth pace was the most rapid in 2016 an increase of 86%. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :