Switzerland: Sulphur Market 2024

Sulphur Market Size in Switzerland

In 2021, after three years of decline, there was significant growth in the Swiss sulphur market, when its value increased by 6.5% to $X. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 6.6% against the previous year. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Sulphur Production in Switzerland

In value terms, sulphur production rose rapidly to $X in 2021 estimated in export price. Overall, production, however, saw a mild descent. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Sulphur Exports

Exports from Switzerland

In 2021, shipments abroad of sulphur (sublimed or precipitated) and colloidal sulphur was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a sharp decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 8,700% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, sulphur exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 4,443%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Austria (X tons) was the main destination for sulphur exports from Switzerland, with a 57% share of total exports. Moreover, sulphur exports to Austria exceeded the volume sent to the second major destination, the United States (X kg), fourfold. The third position in this ranking was taken by Germany (X kg), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-2.3% per year) and Germany (-4.5% per year).

In value terms, Austria ($X), the United States ($X) and Germany ($X) were the largest markets for sulphur exported from Switzerland worldwide, with a combined 86% share of total exports.

Austria, with a CAGR of 0.0%, recorded the highest growth rate of 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 sulphur export price stood at $X per ton in 2021, declining by -18% against the previous year. In general, the export price, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 1,260% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

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 the United States ($X per ton), while the average price for exports to Austria ($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 (-6.8%).

Sulphur Imports

Imports into Switzerland

In 2021, after seven years of growth, there was significant decline in supplies from abroad of sulphur (sublimed or precipitated) and colloidal sulphur, when their volume decreased by -11.2% to X tons. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 844% against the previous year. Imports peaked at X tons in 2020, and then shrank in the following year.

In value terms, sulphur imports skyrocketed to $X in 2021. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2015 when imports increased by 443% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Germany (X tons) was the main supplier of sulphur to Switzerland, accounting for a 99% share of total imports. It was followed by Poland (X tons), with a 0.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +80.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (0.0% per year) and France (-48.0% per year).

In value terms, Germany ($X) constituted the largest supplier of sulphur (sublimed or precipitated) and colloidal sulphur to Switzerland, comprising 97% of total imports. The second position in the ranking was taken by Poland ($X), with a 2.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +53.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (0.0% per year) and France (-53.6% per year).

Import Prices by Country

In 2021, the average sulphur import price amounted to $X per ton, surging by 34% against the previous year. Overall, the import price, however, saw a abrupt decline. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-10.9%).

Source: IndexBox Platform

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