Switzerland: Other Chemical Products Market 2024

Other Chemical Products Market Size in Switzerland

The Swiss other chemical products market stood at less than $X in 2022, leveling off at the previous year. Overall, consumption recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 with a decrease of -0.3%. Other chemical products consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Other Chemical Products Production in Switzerland

In value terms, other chemical products production amounted to less than $X in 2022 estimated in export price. Overall, production recorded a precipitous slump. The growth pace was the most rapid in 2013 when the production volume decreased by -38.1%. Other chemical products production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Other Chemical Products Exports

Exports from Switzerland

For the fifth year in a row, Switzerland recorded growth in overseas shipments of other chemical products, which increased by 26% to X tons in 2016. The total export volume increased at an average annual rate of +7.6% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, other chemical products exports expanded slightly to $X in 2016. In general, exports, however, saw a perceptible slump. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for other chemical products exports from Switzerland, with a 28% share of total exports. Moreover, other chemical products exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to Germany amounted to +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+5.9% per year) and the Netherlands (-4.0% per year).

In value terms, Germany ($X), the United States ($X) and France ($X) appeared to be the largest markets for other chemical products exported from Switzerland worldwide, with a combined 40% share of total exports. The Netherlands, China, the UK, Italy, Denmark, Spain, Austria, Poland, India and Turkey lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Poland, with a CAGR of +16.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average other chemical products export price stood at $X per ton in 2016, reducing by -17.6% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2013 a decrease of -6.9% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2016, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.6%), while the prices for the other major destinations experienced a decline.

Other Chemical Products Imports

Imports into Switzerland

In 2016, supplies from abroad of other chemical products decreased by -3.6% to X tons, falling for the second year in a row after three years of growth. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2016; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 15% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2016, the growth of imports remained at a lower figure.

In value terms, other chemical products imports dropped to $X in 2016. Over the period under review, imports recorded a slight curtailment. The growth pace was the most rapid in 2014 when imports increased by 3%. As a result, imports reached the peak of $X. From 2015 to 2016, the growth of imports failed to regain momentum.

Imports by Country

In 2016, Germany (X tons) constituted the largest other chemical products supplier to Switzerland, with a 69% share of total imports. Moreover, other chemical products imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), ninefold. The third position in this ranking was taken by France (X tons), with a 7.8% share.

From 2012 to 2016, the average annual rate of growth in terms of volume from Germany amounted to +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-12.3% per year) and France (-2.9% per year).

In value terms, Germany ($X) constituted the largest supplier of other chemical products to Switzerland, comprising 38% of total imports. The second position in the ranking was held by Belgium ($X), with a 5.8% share of total imports. It was followed by France, with a 5.3% share.

From 2012 to 2016, the average annual growth rate of value from Germany amounted to -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-10.1% per year) and France (-4.5% per year).

Import Prices by Country

In 2016, the average other chemical products import price amounted to $X per ton, which is down by -4.3% against the previous year. Overall, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by less than 0.1%. As a result, import price reached the peak level of $X per ton. From 2014 to 2016, the average import prices remained at a lower figure.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Belgium (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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