Switzerland: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in Switzerland

In 2022, the Swiss rosin and resin acids market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a perceptible setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Rosin And Resin Acids And Derivatives

Exports from Switzerland

In 2022, approx. X tons of rosin and resin acids and derivatives were exported from Switzerland; increasing by X% compared with the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, rosin and resin acids exports skyrocketed to $X in 2022. Over the period under review, exports saw modest growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), the United States (X tons) and Spain (X tons) were the main destinations of rosin and resin acids exports from Switzerland, with a combined X% share of total exports. Austria, Turkey, France, the UK and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rosin and resin acids exported from Switzerland were Germany ($X), the United States ($X) and Spain ($X), together comprising X% of total exports. Turkey, Austria, France, the UK and Belgium lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Turkey, with a CAGR of X.7%, saw the highest rates of growth with regard to 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 rosin and resin acids export price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rosin and resin acids export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rosin And Resin Acids And Derivatives

Imports into Switzerland

In 2022, approx. X tons of rosin and resin acids and derivatives were imported into Switzerland; with a decrease of X% on the previous year's figure. In general, imports continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, rosin and resin acids imports rose sharply to $X in 2022. Over the period under review, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of rosin and resin acids to Switzerland, with a X% share of total imports. Moreover, rosin and resin acids imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Germany (X% per year).

In value terms, the Netherlands ($X), Germany ($X) and Portugal ($X) constituted the largest rosin and resin acids suppliers to Switzerland, with a combined X% share of total imports. China, the United States, France, Sweden, Belgium and Finland lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, saw the highest growth rate of 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

The average rosin and resin acids import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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 the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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