Switzerland: Npk Fertilizer Market 2024

Npk Fertilizer Market Size in Switzerland

In 2022, after five years of growth, there was significant decline in the Swiss NPK fertilizer market, when its value decreased by -13.3% to $X. In general, consumption recorded a relatively flat trend pattern. Consumption peaked at $X in 2021, and then fell in the following year.

Npk Fertilizer Exports

Exports from Switzerland

For the third year in a row, Switzerland recorded decline in shipments abroad of mixed nitrogen, phosphorus and potassium (NPK) fertilizers, which decreased by -56.7% to X tons in 2022. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by 89%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, NPK fertilizer exports dropped notably to $X in 2022. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 28% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for NPK fertilizer exports from Switzerland, accounting for a 64% share of total exports. Moreover, NPK fertilizer exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-24.4% per year) and Austria (-15.4% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for mixed nitrogen, phosphorus and potassium (NPK) fertilizers exports from Switzerland, comprising 66% of total exports. The second position in the ranking was taken by Germany ($X), with a 24% share of total exports. It was followed by Austria, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +22.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-20.4% per year) and Austria (-12.6% per year).

Export Prices by Country

In 2022, the average NPK fertilizer export price amounted to $X per ton, rising by 80% against the previous year. Overall, the export price posted a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 Germany (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Npk Fertilizer Imports

Imports into Switzerland

NPK fertilizer imports into Switzerland fell markedly to X tons in 2022, with a decrease of -37.1% on 2021 figures. Overall, imports saw a perceptible slump. The growth pace was the most rapid in 2017 with an increase of 34%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, NPK fertilizer imports reduced modestly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main suppliers of NPK fertilizer imports to Switzerland, with a combined 78% share of total imports. The Netherlands, Austria and Italy lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +8.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of mixed nitrogen, phosphorus and potassium (NPK) fertilizers to Switzerland, comprising 39% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total imports. It was followed by France, with a 19% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+0.6% per year) and France (+6.8% per year).

Import Prices by Country

In 2022, the average NPK fertilizer import price amounted to $X per ton, rising by 52% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, NPK fertilizer import price increased by +85.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :