Switzerland: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Switzerland

In 2021, after four years of growth, there was significant decline in the Swiss market for inorganic oxygen compounds of non-metals, when its value decreased by -22.5% to $X. Over the period under review, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Inorganic oxygen compounds of non-metals consumption peaked at $X in 2020, and then contracted sharply in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from Switzerland

In 2021, approx. X tons of inorganic oxygen compounds of non-metals were exported from Switzerland; with an increase of 56% compared with the year before. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by 68%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, inorganic oxygen compounds of non-metals exports dropped sharply to $X in 2021. Over the period under review, exports recorded notable growth. The growth pace was the most rapid in 2017 when exports increased by 61%. The exports peaked at $X in 2020, and then reduced rapidly in the following year.

Exports by Country

Germany (X tons) was the main destination for inorganic oxygen compounds of non-metals exports from Switzerland, accounting for a 79% share of total exports. Moreover, inorganic oxygen compounds of non-metals exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold. The third position in this ranking was taken by the UK (X tons), with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+80.3% per year) and the UK (+28.3% per year).

In value terms, the Netherlands ($X), Germany ($X) and the United States ($X) constituted the largest markets for inorganic oxygen compounds of non-metals exported from Switzerland worldwide, together accounting for 55% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +94.6%, 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 2021, the average export price for inorganic oxygen compounds of non-metals amounted to $X per ton, declining by -51% against the previous year. Over the period under review, the export price showed a perceptible setback. The growth pace was the most rapid in 2017 an increase of 102%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 (+7.3%), while the prices for the other major destinations experienced a decline.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into Switzerland

In 2021, purchases abroad of inorganic oxygen compounds of non-metals decreased by -27% to X tons, falling for the second year in a row after three years of growth. In general, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +3.2% 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 decreased by -30.2% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 44% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, inorganic oxygen compounds of non-metals imports fell dramatically to $X in 2021. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then dropped rapidly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of inorganic oxygen compounds of non-metals to Switzerland, accounting for a 66% share of total imports. Moreover, inorganic oxygen compounds of non-metals imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), fourfold. The third position in this ranking was taken by Belgium (X tons), with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-0.9% per year) and Belgium (-0.0% per year).

In value terms, Austria ($X), Germany ($X) and Belgium ($X) appeared to be the largest inorganic oxygen compounds of non-metals suppliers to Switzerland, together comprising 71% of total imports. The Netherlands, the Czech Republic, France, Italy and Hungary lagged somewhat behind, together comprising a further 20%.

Among the main suppliers, the Netherlands, with a CAGR of +71.7%, saw the highest rates of growth with regard to the value of imports, 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 inorganic oxygen compounds of non-metals stood at $X per ton in 2021, growing by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2016 an increase of 34%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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