Report Update Nov 1, 2024

Switzerland - O-Acetylsalicylic Acid, Its Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Switzerland: O-Acetylsalicylic Acid Market 2024

O-Acetylsalicylic Acid Market Size in Switzerland

The Swiss o-acetylsalicylic acid market reduced remarkably to $X in 2021, with a decrease of -68% 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). Overall, consumption saw a deep slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

O-Acetylsalicylic Acid Exports

Exports from Switzerland

After two years of decline, shipments abroad of o-acetylsalicylic acid, its salts and esters increased by 3,881% to X kg in 2021. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2014 with an increase of 19,400%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, o-acetylsalicylic acid exports skyrocketed to $X in 2021. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X kg) was the main destination for o-acetylsalicylic acid exports from Switzerland, accounting for a 87% share of total exports. Moreover, o-acetylsalicylic acid exports to Germany exceeded the volume sent to the second major destination, Venezuela (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +35.0%.

In value terms, Venezuela ($X) emerged as the key foreign market for o-acetylsalicylic acid, its salts and esters exports from Switzerland, comprising 79% of total exports. The second position in the ranking was taken by Germany ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Venezuela totaled +115.2%.

Export Prices by Country

The average o-acetylsalicylic acid export price stood at $X per ton in 2021, jumping by 680% against the previous year. In general, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+265.6%).

O-Acetylsalicylic Acid Imports

Imports into Switzerland

In 2021, overseas purchases of o-acetylsalicylic acid, its salts and esters decreased by -32.5% to X tons, falling for the third year in a row after two years of growth. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 390%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, o-acetylsalicylic acid imports dropped notably to $X in 2021. Over the period under review, imports continue to indicate a pronounced setback. The growth pace was the most rapid in 2013 with an increase of 200% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X kg), China (X kg) and France (X kg) were the main suppliers of o-acetylsalicylic acid imports to Switzerland, with a combined 91% share of total imports. Italy lagged somewhat behind, comprising a further 8.8%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +35.8%), while purchases for the other leaders experienced a decline.

In value terms, the largest o-acetylsalicylic acid suppliers to Switzerland were France ($X), China ($X) and Germany ($X), with a combined 86% share of total imports. Italy lagged somewhat behind, accounting for a further 14%.

Among the main suppliers, Italy, with a CAGR of +56.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average o-acetylsalicylic acid import price amounted to $X per ton, with a decrease of -22.3% against the previous year. Overall, the import price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 68%. As a result, import price reached the peak level of $X per ton, and then shrank rapidly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid consumption in 2020 were the United States, China and Russia, together comprising 36% of global consumption. Thailand, Italy, Germany, South Africa, Kenya, Mexico, Ukraine, Brazil, Argentina and Belarus lagged somewhat behind, together accounting for a further 35%.

What are the largest producers of o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid production in 2020 were China, Spain and Thailand, together accounting for 96% of global production. Ecuador lagged somewhat behind, comprising a further 1.6%.

What are the leading suppliers of o-acetylsalicylic acid, its salts and esters to Switzerland?

In value terms, the largest o-acetylsalicylic acid suppliers to Switzerland were Germany, China and France, with a combined 80% share of total imports. Denmark, Italy and the United States lagged somewhat behind, together comprising a further 20%.

What is the average export price for o-acetylsalicylic acid, its salts and esters in Switzerland?

In 2020, the average o-acetylsalicylic acid export price amounted to $18,857 per ton, picking up by 318% against the previous year.

What is the average import price for o-acetylsalicylic acid, its salts and esters in Switzerland?

In 2020, the average o-acetylsalicylic acid import price amounted to $7,733 per ton, reducing by -2.7% against the previous year.

This report provides an in-depth analysis of the o-acetylsalicylic acid 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 21101050 - O-acetylsalicylic acid, its salts and esters

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