Switzerland: Diphosphorus Pentaoxide Market 2024

Diphosphorus Pentaoxide Market Size in Switzerland

In 2022, the Swiss diphosphorus pentaoxide market decreased by -37.9% to $X, falling for the third consecutive year after two years of growth. Overall, consumption recorded a drastic downturn. Diphosphorus pentaoxide consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Diphosphorus Pentaoxide Exports

Exports from Switzerland

In 2022, shipments abroad of diphosphorus pentaoxide decreased by -37.3% to X kg, falling for the second year in a row after two years of growth. In general, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2015 when exports increased by 454% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, diphosphorus pentaoxide exports declined remarkably to $X in 2022. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 64%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X kg), the UK (X kg) and France (X kg) were the main destinations of diphosphorus pentaoxide exports from Switzerland, together accounting for 94% of total exports. South Korea and India lagged somewhat behind, together comprising a further 4.4%.

From 2012 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 +42.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for diphosphorus pentaoxide exports from Switzerland, comprising 57% of total exports. The second position in the ranking was taken by the UK ($X), with a 12% share of total exports. It was followed by South Korea, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+8.3% per year) and South Korea (+33.3% per year).

Export Prices by Country

The average diphosphorus pentaoxide export price stood at $X per ton in 2022, falling by -40.5% against the previous year. Overall, the export price, however, saw modest growth. The pace of growth appeared the most rapid in 2016 an increase of 375%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to the UK ($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 France (+4.7%), while the prices for the other major destinations experienced a decline.

Diphosphorus Pentaoxide Imports

Imports into Switzerland

In 2022, overseas purchases of diphosphorus pentaoxide decreased by -24.9% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2016 with an increase of 68%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, diphosphorus pentaoxide imports dropped rapidly to $X in 2022. In general, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 54%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest diphosphorus pentaoxide supplier to Switzerland, with a 79% share of total imports. Moreover, diphosphorus pentaoxide imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.9% per year) and the Netherlands (+6.6% per year).

In value terms, China ($X) constituted the largest supplier of diphosphorus pentaoxide to Switzerland, comprising 70% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.5% per year) and the Netherlands (+10.6% per year).

Import Prices by Country

The average diphosphorus pentaoxide import price stood at $X per ton in 2022, which is down by -21.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 14% against the previous year. The import price peaked at $X per ton in 2021, and then plummeted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($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 (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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