Switzerland: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in Switzerland

The Swiss silicon dioxide market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Silicon dioxide consumption peaked in 2021 and is expected to retain growth in years to come.

Silicon Dioxide Exports

Exports from Switzerland

In 2021, shipments abroad of silicon dioxide increased by 50% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a abrupt slump. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, silicon dioxide exports soared to $X in 2021. Overall, exports, however, saw a abrupt descent. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for silicon dioxide exports from Switzerland, with a 62% share of total exports. Moreover, silicon dioxide exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by the UK (X tons), with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-4.7% per year) and the UK (-18.9% per year).

In value terms, the largest markets for silicon dioxide exported from Switzerland were Germany ($X), the UK ($X) and Italy ($X), with a combined 64% share of total exports.

Among the main countries of destination, the UK, with a CAGR of -0.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average silicon dioxide export price amounted to $X per ton, waning by -21.3% against the previous year. Over the period under review, the export price saw a slight descent. The most prominent rate of growth was recorded in 2013 an increase of 53%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, 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 the United States ($X per ton), while the average price for exports to Italy ($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 the United States (+23.5%), while the prices for the other major destinations experienced mixed trend patterns.

Silicon Dioxide Imports

Imports into Switzerland

In 2021, silicon dioxide imports into Switzerland expanded markedly to X tons, growing by 12% on 2020 figures. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +41.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 51%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, silicon dioxide imports soared to $X in 2021. In general, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 40%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of silicon dioxide imports to Switzerland, with a combined 82% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +188.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Japan ($X) were the largest silicon dioxide suppliers to Switzerland, with a combined 81% share of total imports. These countries were followed by Poland, Italy and France, which together accounted for a further 9.6%.

Poland, with a CAGR of +164.5%, 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

In 2021, the average silicon dioxide import price amounted to $X per ton, picking up by 16% against the previous year. Overall, the import price, however, saw a perceptible decrease. The growth pace was the most rapid in 2019 when the average import price increased by 19%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, 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 (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :