Switzerland: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024

Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in Switzerland

The Swiss market for caustic soda in aqueous solution (soda lye) expanded slightly to $X in 2021, picking up by 2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports from Switzerland

Exports of caustic soda in aqueous solution (soda lye) from Switzerland skyrocketed to X tons in 2021, jumping by 34% on the year before. Over the period under review, exports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of 158%. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of caustic soda in aqueous solution (soda lye) soared to $X in 2021. Overall, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 115%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for exports of caustic soda in aqueous solution (soda lye) from Switzerland, accounting for a 31% share of total exports. Moreover, exports of caustic soda in aqueous solution (soda lye) to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Austria (X tons), with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled +1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-19.2% per year) and Austria (-22.9% per year).

In value terms, France ($X), Germany ($X) and the United States ($X) were the largest markets for caustic soda in aqueous solution (soda lye) exported from Switzerland worldwide, with a combined 87% share of total exports.

The United States, with a CAGR of +8.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for caustic soda in aqueous solution (soda lye) stood at $X per ton in 2021, declining by -12.1% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, 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 United States ($X per ton), while the average price for exports to France ($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 (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports into Switzerland

In 2021, purchases abroad of caustic soda in aqueous solution (soda lye) was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, imports of caustic soda in aqueous solution (soda lye) declined slightly to $X in 2021. Over the period under review, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -14.8% against 2019 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 17%. Over the period under review, imports of attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest caustic soda in aqueous solution (soda lye) supplier to Switzerland, with a 71% share of total imports. Moreover, imports of caustic soda in aqueous solution (soda lye) from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.9% per year) and Italy (+2.1% per year).

In value terms, France ($X) constituted the largest supplier of caustic soda in aqueous solution (soda lye) to Switzerland, comprising 60% of total imports. The second position in the ranking was taken by Germany ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.0% per year) and Italy (+1.8% per year).

Import Prices by Country

In 2021, the average import price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, with a decrease of -25.9% against the previous year. Overall, the import price, however, posted a measured increase. The growth pace was the most rapid in 2017 when the average import price increased by 47%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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