Switzerland: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Switzerland

The Swiss platinum catalysts market reduced rapidly to $X in 2022, which is down by -36% against the previous year. Over the period under review, consumption showed a deep slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Platinum Catalysts Production in Switzerland

In value terms, platinum catalysts production soared to $X in 2022 estimated in export price. In general, production, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 157% against the previous year. Platinum catalysts production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Platinum Catalysts Exports

Exports from Switzerland

After three years of growth, overseas shipments of platinum catalysts decreased by -81.3% to X kg in 2022. Overall, exports faced a dramatic decrease. The pace of growth was the most pronounced in 2017 with an increase of 573%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, platinum catalysts exports contracted dramatically to $X in 2022. In general, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 3,197%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X kg) was the main destination for platinum catalysts exports from Switzerland, with a 80% share of total exports. Moreover, platinum catalysts exports to France exceeded the volume sent to the second major destination, the UK (X kg), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to France amounted to +22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+43.1% per year) and Germany (-44.2% per year).

In value terms, France ($X), the UK ($X) and Germany ($X) were the largest markets for platinum catalysts exported from Switzerland worldwide.

The UK, with a CAGR of +3.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average platinum catalysts export price amounted to $X per ton, increasing by 9.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 977% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Germany ($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 the Netherlands (+39.6%), while the prices for the other major destinations experienced a decline.

Platinum Catalysts Imports

Imports into Switzerland

In 2022, imports of platinum catalysts into Switzerland reduced sharply to X kg, shrinking by -99.7% compared with 2021. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 4,200%. Imports peaked at X kg in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, platinum catalysts imports dropped rapidly to $X in 2022. Overall, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 2,504% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Italy (X kg) was the main platinum catalysts supplier to Switzerland, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy was relatively modest.

In value terms, Italy ($X) constituted the largest supplier of platinum catalysts to Switzerland, comprising 34% of total imports. The second position in the ranking was held by the United States ($X), with an 8.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +58.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.9% per year) and Germany (-61.4% per year).

Import Prices by Country

The average platinum catalysts import price stood at $X per kg in 2022, increasing by 6,042% against the previous year. Overall, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 14,956%. Over the period under review, average import prices hit record highs at $X per kg in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per kg), while the price for Italy ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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