Switzerland: Industrial Fatty Alcohols Market 2024

Industrial Fatty Alcohols Market Size in Switzerland

In 2021, the Swiss industrial fatty alcohols market increased by 7.5% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Industrial fatty alcohols consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Industrial Fatty Alcohols Production in Switzerland

In value terms, industrial fatty alcohols production fell dramatically to $X in 2021 estimated in export price. In general, production, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2014 when the production volume increased by 71% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then declined significantly in the following year.

Industrial Fatty Alcohols Exports

Exports from Switzerland

Industrial fatty alcohols exports from Switzerland totaled X tons in 2021, growing by 13% compared with the year before. In general, exports, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2013 when exports increased by 273% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, industrial fatty alcohols exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a slight decline. The pace of growth was the most pronounced in 2013 when exports increased by 227%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons), France (X tons) and India (X tons) were the main destinations of industrial fatty alcohols exports from Switzerland, with a combined 64% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +80.7%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Turkey ($X) and France ($X) appeared to be the largest markets for industrial fatty alcohols exported from Switzerland worldwide, together accounting for 52% of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of +78.8%, saw the highest growth rate of 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 2021, the average industrial fatty alcohols export price amounted to $X per ton, growing by 2.5% against the previous year. Over the period under review, the export price enjoyed a slight expansion. The growth pace was the most rapid in 2016 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Fatty Alcohols Imports

Imports into Switzerland

In 2021, overseas purchases of industrial fatty alcohols were finally on the rise to reach X tons after four years of decline. In general, imports, however, continue to indicate a abrupt descent. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, industrial fatty alcohols imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of industrial fatty alcohols to Switzerland, with a 45% share of total imports. Moreover, industrial fatty alcohols imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Malaysia (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.8% per year) and Malaysia (-4.7% per year).

In value terms, Germany ($X) constituted the largest supplier of industrial fatty alcohols to Switzerland, comprising 49% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by Malaysia, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.7% per year) and Malaysia (-6.4% per year).

Import Prices by Country

In 2021, the average industrial fatty alcohols import price amounted to $X per ton, with a decrease of -30.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 59% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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