Switzerland: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Switzerland

The Swiss fluorescent brightening agents market shrank slightly to $X in 2022, reducing by -2.4% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Fluorescent brightening agents consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Fluorescent Brightening Agents Production in Switzerland

In value terms, fluorescent brightening agents production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 7.6%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Fluorescent Brightening Agents Exports

Exports from Switzerland

Fluorescent brightening agents exports from Switzerland rose markedly to X tons in 2022, increasing by 5.3% on the previous year's figure. The total export volume increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 9.3% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, fluorescent brightening agents exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 22%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for fluorescent brightening agents exports from Switzerland, accounting for a 44% share of total exports. Moreover, fluorescent brightening agents exports to the United States exceeded the volume sent to the second major destination, Mexico (X tons), threefold. The third position in this ranking was taken by India (X tons), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+14.6% per year) and India (+10.4% per year).

In value terms, the United States ($X), Mexico ($X) and India ($X) appeared to be the largest markets for fluorescent brightening agents exported from Switzerland worldwide, with a combined 58% share of total exports. France, Japan, Indonesia, China, Nigeria, Peru, Egypt, Germany, Spain and Brazil lagged somewhat behind, together comprising a further 32%.

Nigeria, with a CAGR of +40.2%, 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

The average fluorescent brightening agents export price stood at $X per ton in 2022, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 15%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Spain ($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 Nigeria (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Brightening Agents Imports

Imports into Switzerland

In 2022, imports of synthetic organic products used as fluorescent brightening agents into Switzerland contracted rapidly to X tons, declining by -21.4% compared with 2021. Over the period under review, imports recorded a perceptible shrinkage. The growth pace was the most rapid in 2018 when imports increased by 47%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, fluorescent brightening agents imports contracted to $X in 2022. Overall, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 32%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of fluorescent brightening agents imports to Switzerland, with a combined 90% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +19.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest fluorescent brightening agents suppliers to Switzerland were Germany ($X), Italy ($X) and Spain ($X), together comprising 59% of total imports.

Spain, with a CAGR of +18.3%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average fluorescent brightening agents import price amounted to $X per ton, rising by 16% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 79%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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