Switzerland: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in Switzerland

The Swiss market for liquid or compressed air and distilled or conductivity water dropped to $X in 2021, falling by -5.1% against the previous year. Over the period under review, consumption, however, recorded a abrupt contraction. Liquid air and distilled water consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in Switzerland

In value terms, liquid air and distilled water production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt shrinkage. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports from Switzerland

In 2021, shipments abroad of liquid or compressed air and distilled or conductivity water increased by 23% to X tons, rising for the third year in a row after four years of decline. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 28% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, liquid air and distilled water exports skyrocketed to $X in 2021. In general, exports continue to indicate a slight increase. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for liquid air and distilled water exports from Switzerland, with a 48% share of total exports. Moreover, liquid air and distilled water exports to India exceeded the volume sent to the second major destination, China (X tons), twofold. Germany (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to India totaled +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-1.5% per year) and Germany (-9.3% per year).

In value terms, the United States ($X), India ($X) and South Korea ($X) appeared to be the largest markets for liquid air and distilled water exported from Switzerland worldwide, together accounting for 63% of total exports.

Among the main countries of destination, South Korea, with a CAGR of +47.1%, 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

The average export price for liquid or compressed air and distilled or conductivity water stood at $X per ton in 2021, increasing by 22% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 53% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 Japan (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports into Switzerland

In 2021, imports of liquid or compressed air and distilled or conductivity water into Switzerland reduced to X tons, waning by -11.9% compared with the previous year's figure. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +18.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 34%. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, liquid air and distilled water imports dropped dramatically to $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, imports reached the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of liquid air and distilled water to Switzerland, accounting for a 89% share of total imports. It was followed by Italy (X tons), with a 3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+28.2% per year) and France (+9.7% per year).

In value terms, Germany ($X) constituted the largest supplier of liquid or compressed air and distilled or conductivity water to Switzerland, comprising 48% of total imports. The second position in the ranking was taken by France ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+6.2% per year) and Italy (+10.4% per year).

Import Prices by Country

The average import price for liquid or compressed air and distilled or conductivity water stood at $X per ton in 2021, which is down by -10.2% against the previous year. Over the period under review, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2019 an increase of 22% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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