Switzerland: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Switzerland

The Swiss ketone and quinone market skyrocketed to $X in 2021, rising by 64% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate moderate growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ketone And Quinone Exports

Exports from Switzerland

In 2021, the amount of ketones and quinones exported from Switzerland declined to X tons, waning by -6% on the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 29%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, ketone and quinone exports expanded significantly to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 8.6% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons), China (X tons) and Mexico (X tons) were the main destinations of ketone and quinone exports from Switzerland, together comprising 52% of total exports. These countries were followed by India, the United States, Spain, Germany, Singapore, the Netherlands, Brazil, Japan, the UK and Indonesia, which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +13.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ketone and quinone exported from Switzerland were the United States ($X), China ($X) and France ($X), with a combined 42% share of total exports. India, Germany, Singapore, Spain, Mexico, Brazil, the UK, Japan, Indonesia and the Netherlands lagged somewhat behind, together accounting for a further 51%.

Among the main countries of destination, Spain, with a CAGR of +6.5%, 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 ketone and quinone export price stood at $X per ton in 2021, picking up by 15% against the previous year. In general, the export price, however, showed a mild downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to France ($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 Germany (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ketone And Quinone Imports

Imports into Switzerland

In 2021, approx. X tons of ketones and quinones were imported into Switzerland; rising by 70% on the previous year's figure. Over the period under review, imports saw a mild expansion. The pace of growth was the most pronounced in 2020 when imports increased by 76%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, ketone and quinone imports surged to $X in 2021. The total import value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest ketone and quinone supplier to Switzerland, with a 36% share of total imports. Moreover, ketone and quinone imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by India (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.8% per year) and India (+13.0% per year).

In value terms, India ($X), Germany ($X) and Spain ($X) constituted the largest ketone and quinone suppliers to Switzerland, with a combined 65% share of total imports. France, Belgium, Italy and the Netherlands lagged somewhat behind, together accounting for a further 14%.

Among the main suppliers, Belgium, with a CAGR of +20.7%, recorded the highest growth rate of 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

In 2021, the average ketone and quinone import price amounted to $X per ton, with a decrease of -24.2% against the previous year. Over the period under review, the import price, however, saw a measured expansion. The pace of growth was the most pronounced in 2014 an increase of 90%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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