Switzerland: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in Switzerland

After four years of growth, the Swiss market for refractory products of siliceous or diatomite earths decreased by -41.9% to $X in 2021. Overall, consumption recorded a slight contraction. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports from Switzerland

Exports of refractory products of siliceous or diatomite earths from Switzerland skyrocketed to X tons in 2021, rising by 379% compared with 2020. In general, exports posted a moderate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of refractory products of siliceous or diatomite earths surged to $X in 2021. Over the period under review, exports, however, showed a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 77% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Togo (X tons), Italy (X tons) and Germany (X tons) were the main destinations of exports of refractory products of siliceous or diatomite earths from Switzerland, together comprising 60% of total exports. These countries were followed by Portugal, Senegal, France, Serbia and Spain, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +304.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for refractory products of siliceous or diatomite earths exports from Switzerland, comprising 64% of total exports. The second position in the ranking was taken by Italy ($X), with a 14% share of total exports. It was followed by France, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+16.1% per year) and France (+7.5% per year).

Export Prices by Country

In 2021, the average export price for refractory products of siliceous or diatomite earths amounted to $X per ton, which is down by -66.7% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 158% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Togo ($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 Germany (+5.3%), while the prices for the other major destinations experienced a decline.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports into Switzerland

After three years of growth, supplies from abroad of refractory products of siliceous or diatomite earths decreased by -33.2% to X tons in 2021. In general, imports recorded a slight setback. The most prominent rate of growth was recorded in 2013 with an increase of 38%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of refractory products of siliceous or diatomite earths reduced markedly to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 36%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of refractory products of siliceous or diatomite earths to Switzerland, with a 45% share of total imports. Moreover, imports of refractory products of siliceous or diatomite earths from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was held by South Korea (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-8.3% per year) and South Korea (+152.8% per year).

In value terms, Germany ($X), France ($X) and South Korea ($X) constituted the largest refractory products of siliceous or diatomite earths suppliers to Switzerland, together accounting for 70% of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +161.1%, saw the highest growth rate of the value of imports, 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 import price for refractory products of siliceous or diatomite earths amounted to $X per ton, increasing by 7.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 46%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($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 (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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