Switzerland: Monophenols Market 2024

Monophenols Market Size in Switzerland

The Swiss monophenols market skyrocketed to $X in 2021, increasing by 22% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Monophenols consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Monophenols Production in Switzerland

In value terms, monophenols production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 32% against the previous year. Monophenols production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Monophenols Exports

Exports from Switzerland

In 2021, overseas shipments of monophenols were finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when exports increased by 25% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, monophenols exports soared to $X in 2021. The total export value increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for monophenols exports from Switzerland, accounting for a 39% share of total exports. Moreover, monophenols exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was held by Saudi Arabia (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-4.2% per year) and Saudi Arabia (+11.6% per year).

In value terms, Germany ($X) remains the key foreign market for monophenols exports from Switzerland, comprising 33% of total exports. The second position in the ranking was held by China ($X), with a 9.2% share of total exports. It was followed by France, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+30.3% per year) and France (-6.5% per year).

Export Prices by Country

The average monophenols export price stood at $X per ton in 2021, growing by 16% against the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to France ($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 India (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Monophenols Imports

Imports into Switzerland

Monophenols imports into Switzerland soared to X tons in 2021, increasing by 24% on the previous year. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, monophenols imports surged to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest monophenols supplier to Switzerland, with a 67% share of total imports. Moreover, monophenols imports from France exceeded the figures recorded by the second-largest supplier, the UK (X tons), fivefold. Germany (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+3.2% per year) and Germany (+2.5% per year).

In value terms, France ($X), the UK ($X) and Germany ($X) constituted the largest monophenols suppliers to Switzerland, together comprising 83% of total imports. These countries were followed by Japan, the United States and Taiwan (Chinese), which together accounted for a further 11%.

Taiwan (Chinese), with a CAGR of +37.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 monophenols import price amounted to $X per ton, increasing by 10% against the previous year. Overall, the import price, however, continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2017 an increase of 26% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for France ($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 (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :