Report Update Nov 1, 2024

Switzerland - Nitrites - Market Analysis, Forecast, Size, Trends and Insights

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Switzerland: Nitrites Market 2024

Nitrites Market Size in Switzerland

In 2021, the Swiss nitrites market increased by 666% to $X, rising for the third consecutive year after three years of decline. In general, consumption, however, showed a noticeable slump. Nitrites consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Nitrites Exports

Exports from Switzerland

In 2021, shipments abroad of nitrites decreased by -8.2% to X tons, falling for the fourth year in a row after two years of growth. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 107% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, nitrites exports skyrocketed to $X in 2021. Overall, exports recorded a perceptible decrease. The pace of growth appeared the most rapid in 2017 with an increase of 70% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for nitrites exports from Switzerland, with a 77% share of total exports. Moreover, nitrites exports to Germany exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), ninefold. South Korea (X tons) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+12.8% per year) and South Korea (-35.5% per year).

In value terms, Germany ($X) remains the key foreign market for nitrites exports from Switzerland, comprising 69% of total exports. The second position in the ranking was taken by South Korea ($X), with a 14% share of total exports. It was followed by the United States, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+123.3% per year) and the United States (+11.0% per year).

Export Prices by Country

The average nitrites export price stood at $X per ton in 2021, surging by 35% against the previous year. Overall, the export price continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2015 an increase of 37% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the United Arab Emirates ($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 South Korea (+246.5%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrites Imports

Imports into Switzerland

In 2021, overseas purchases of nitrites increased by 834% to X tons, rising for the third consecutive year after three years of decline. In general, imports, however, saw a perceptible shrinkage. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, nitrites imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2019 with an increase of 143%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) was the main supplier of nitrites to Switzerland, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -4.4%.

In value terms, Germany ($X) constituted the largest supplier of nitrites to Switzerland.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -5.1%.

Import Prices by Country

The average nitrites import price stood at $X per ton in 2021, falling by -87.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 249%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -0.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrites in the world?

The countries with the highest volumes of nitrites consumption in 2021 were Zambia, Canada and South Korea, with a combined 30% share of global consumption. These countries were followed by Japan, Nigeria, the Netherlands, Taiwan Chinese), Chile, Brazil, France, China, Thailand and Ukraine, which together accounted for a further 40%.

What are the largest producers of nitrites in the world?

The country with the largest volume of nitrites production was China, accounting for 62% of total volume. Moreover, nitrites production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by Russia, with a 6.3% share.

What are the leading suppliers of nitrites to Switzerland?

In value terms, Germany constituted the largest supplier of nitrites to Switzerland.

What are the leading importers of nitrites from Switzerland?

In value terms, Germany remains the key foreign market for nitrites exports from Switzerland, comprising 94% of total exports. The second position in the ranking was occupied by Spain $727), with a 1.7% share of total exports.

What is the average export price for nitrites in Switzerland?

In 2021, the average nitrites export price amounted to $2,437 per ton, with an increase of 44% against the previous year.

What is the average import price for nitrites in Switzerland?

In 2021, the average nitrites import price amounted to $542 per ton, reducing by -11.1% against the previous year.

This report provides an in-depth analysis of the nitrites market in Switzerland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20152080 - Nitrites

Country coverage:

Switzerland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Switzerland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023