Switzerland: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in Switzerland

In 2021, the Swiss cyclic hydrocarbons market increased by 50% to $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Cyclic hydrocarbons consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Cyclic Hydrocarbons Production in Switzerland

In value terms, cyclic hydrocarbons production totaled $X in 2021 estimated in export price. Overall, production faced a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of 258%. Cyclic hydrocarbons production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Cyclic Hydrocarbons Exports

Exports from Switzerland

In 2021, overseas shipments of other cyclic hydrocarbons increased by 10% to X tons, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +4.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 28% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, cyclic hydrocarbons exports stood at $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 49% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for cyclic hydrocarbons exports from Switzerland, with a 97% share of total exports. It was followed by the United States (X tons), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +5.3%.

In value terms, Germany ($X) remains the key foreign market for other cyclic hydrocarbons exports from Switzerland, comprising 92% of total exports. The second position in the ranking was taken by the United States ($X), with a 2.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

In 2021, the average cyclic hydrocarbons export price amounted to $X per ton, increasing by 4.1% against the previous year. Overall, the export price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014 an increase of 18%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+19.8%).

Cyclic Hydrocarbons Imports

Imports into Switzerland

In 2021, purchases abroad of other cyclic hydrocarbons was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a resilient 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cyclic hydrocarbons imports surged to $X in 2021. Over the period under review, imports recorded a notable increase. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), the UK (X tons) and China (X tons) were the main suppliers of cyclic hydrocarbons imports to Switzerland, together accounting for 96% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +16.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and China ($X) appeared to be the largest cyclic hydrocarbons suppliers to Switzerland, with a combined 86% share of total imports.

France, with a CAGR of +13.4%, saw the highest rates of growth with regard to the value of imports, in terms of 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 cyclic hydrocarbons import price amounted to $X per ton, jumping by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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