Switzerland: Aldehydes Cyclic Polymers Market 2024

Aldehydes Cyclic Polymers Market Size in Switzerland

In 2022, the Swiss aldehydes cyclic polymers market decreased by -21.6% to $X, falling for the second year in a row after three years of growth. In general, consumption recorded a pronounced descent. Aldehydes cyclic polymers consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Aldehydes Cyclic Polymers Production in Switzerland

In value terms, aldehydes cyclic polymers production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by 30% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Aldehydes Cyclic Polymers Exports

Exports from Switzerland

In 2022, shipments abroad of cyclic polymers of aldehydes increased by 13% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total exports indicated a strong expansion from 2016 to 2022: its volume increased at an average annual rate of +9.6% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, aldehydes cyclic polymers exports declined to $X in 2022. Overall, total exports indicated buoyant growth from 2016 to 2022: its value increased at an average annual rate of +7.2% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Spain (X tons), Germany (X tons) and India (X tons) were the main destinations of aldehydes cyclic polymers exports from Switzerland, with a combined 72% share of total exports.

From 2016 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +11,372,900.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aldehydes cyclic polymers exported from Switzerland were Germany ($X), Israel ($X) and India ($X), together comprising 75% of total exports.

In terms of the main countries of destination, India, with a CAGR of +13,979,300.0%, 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

In 2022, the average aldehydes cyclic polymers export price amounted to $X per ton, which is down by -19.4% against the previous year. In general, the export price recorded a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then fell significantly in the following year.

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

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Aldehydes Cyclic Polymers Imports

Imports into Switzerland

In 2022, purchases abroad of cyclic polymers of aldehydes increased by 203% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 when imports increased by 2,434% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, aldehydes cyclic polymers imports soared to $X in 2022. Overall, imports, however, continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 2,781%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X kg), Germany (X kg) and China (X kg) were the main suppliers of aldehydes cyclic polymers imports to Switzerland, with a combined 99% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +26.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X), Germany ($X) and China ($X) appeared to be the largest aldehydes cyclic polymers suppliers to Switzerland, together comprising 98% of total imports.

Among the main suppliers, Spain, with a CAGR of +30.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average aldehydes cyclic polymers import price amounted to $X per ton, reducing by -27.7% against the previous year. Overall, the import price, however, continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2019 an increase of 421%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($X per ton) and Spain ($X per ton), while the price for China ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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