Switzerland: Steatite Market 2021

Steatite Market Size in Switzerland

In 2019, the Swiss steatite market increased by X% to $X for the first time since 2014, thus ending a four-year declining trend. Overall, consumption, however, showed a perceptible decrease. Over the period under review, the market attained the maximum level at $X in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.

Steatite Exports

Exports from Switzerland

In 2019, the amount of steatites exported from Switzerland soared to X tons, with an increase of X% against 2018 figures. Over the period under review, exports recorded a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Exports peaked at X tons in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, steatite exports soared to $X in 2019. Overall, exports saw a resilient increase. Exports peaked at $X in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Iceland (X tons) was the main destination for steatite exports from Switzerland, with a X% share of total exports. Moreover, steatite exports to Iceland exceeded the volume sent to the second major destination, Slovenia (X tons), threefold. The third position in this ranking was occupied by Belgium (X tons), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Iceland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+X% per year) and Belgium (+X% per year).

In value terms, the largest markets for steatite exported from Switzerland were Slovenia ($X), Belgium ($X) and Iceland ($X), with a combined X% share of total exports.

Slovenia (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average steatite export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2013 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Iceland ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Steatite Imports

Imports into Switzerland

In 2019, supplies from abroad of steatites was finally on the rise to reach X tons after five years of decline. Over the period under review, imports, however, saw a pronounced downturn. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, steatite imports soared to $X in 2019. Overall, imports, however, recorded a perceptible contraction. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

Austria (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of steatite imports to Switzerland, with a combined X% share of total imports. France, Belgium, Germany and Finland lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Belgium, while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest steatite suppliers to Switzerland were Austria ($X), Belgium ($X) and Italy ($X), together comprising X% of total imports.

Among the main suppliers, Belgium recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2019, the average steatite import price amounted to $X per ton, surging by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2019 and is likely to see steady growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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