Switzerland: Chlorosulphuric Acid Market 2024

Chlorosulphuric Acid Market Size in Switzerland

The Swiss chlorosulphuric acid market surged to $X in 2022, rising by 82% against the previous year. Over the period under review, consumption showed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Chlorosulphuric Acid Production in Switzerland

In value terms, chlorosulphuric acid production stood at $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 9%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Chlorosulphuric Acid Exports

Exports from Switzerland

In 2022, after two years of growth, there was significant decline in overseas shipments of chlorosulphuric acid, when their volume decreased by -41.3% to X tons. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, the exports reached the peak of X tons, and then contracted rapidly in the following year.

In value terms, chlorosulphuric acid exports reduced to $X in 2022. In general, total exports indicated significant growth from 2020 to 2022: its value increased at an average annual rate of +26.1% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

Romania (X tons), the United States (X tons) and Belgium (X tons) were the main destinations of chlorosulphuric acid exports from Switzerland, with a combined 87% share of total exports.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +2,017.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chlorosulphuric acid exported from Switzerland were France ($X), the United States ($X) and Romania ($X), together comprising 75% of total exports. Belgium, Germany, Uruguay, Peru and Mexico lagged somewhat behind, together comprising a further 22%.

In terms of the main countries of destination, Belgium, with a CAGR of +1,444.2%, saw the highest rates of growth with regard to 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 chlorosulphuric acid export price stood at $X per ton in 2022, picking up by 48% against the previous year. Over the period under review, export price indicated significant growth from 2020 to 2022: its price increased at an average annual rate of +25.9% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorosulphuric acid export price increased by +58.4% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorosulphuric Acid Imports

Imports into Switzerland

In 2022, the amount of chlorosulphuric acid imported into Switzerland contracted dramatically to X tons, falling by -58.6% against the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 2,404%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chlorosulphuric acid imports reduced to $X in 2022. In general, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 1,060% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) was the main chlorosulphuric acid supplier to Switzerland, with a 93% share of total imports. Moreover, chlorosulphuric acid imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to +56.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.4% per year) and Germany (-31.7% per year).

In value terms, Belgium ($X) constituted the largest supplier of chlorosulphuric acid to Switzerland, comprising 95% of total imports. The second position in the ranking was taken by Germany ($X), with a 2.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Belgium totaled +56.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-16.4% per year) and Italy (+26.9% per year).

Import Prices by Country

In 2022, the average chlorosulphuric acid import price amounted to $X per ton, with an increase of 123% against the previous year. In general, the import price showed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+88.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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