Switzerland: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in Switzerland

In 2021, the Swiss unsaturated acyclic hydrocarbons market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 6.9% against the previous year. Unsaturated acyclic hydrocarbons consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Unsaturated Acyclic Hydrocarbons Production in Switzerland

In value terms, unsaturated acyclic hydrocarbons production fell slightly to $X in 2021 estimated in export price. Over the period under review, production showed a perceptible descent. The pace of growth was the most pronounced in 2018 when the production volume increased by 8%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Unsaturated Acyclic Hydrocarbons Exports

Exports from Switzerland

In 2021, approx. X tons of unsaturated acyclic hydrocarbons were exported from Switzerland; growing by 92% compared with the previous year's figure. In general, exports, however, continue to indicate a perceptible downturn. The growth pace was the most rapid in 2016 with an increase of 95% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, unsaturated acyclic hydrocarbons exports soared to $X in 2021. Overall, exports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 53%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for unsaturated acyclic hydrocarbons exports from Switzerland, with a 64% share of total exports. Moreover, unsaturated acyclic hydrocarbons exports to India exceeded the volume sent to the second major destination, China (X tons), sevenfold. The UK (X tons) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India stood at +31.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+6.5% per year) and the UK (+12.6% per year).

In value terms, India ($X) remains the key foreign market for unsaturated acyclic hydrocarbons exports from Switzerland, comprising 45% of total exports. The second position in the ranking was taken by Singapore ($X), with an 11% share of total exports. It was followed by China, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India stood at +19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-0.4% per year) and China (+11.7% per year).

Export Prices by Country

In 2021, the average unsaturated acyclic hydrocarbons export price amounted to $X per ton, which is down by -38.2% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average export price increased by 47% against the previous year. The export price peaked at $X per ton in 2020, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the UK ($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 France (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Unsaturated Acyclic Hydrocarbons Imports

Imports into Switzerland

After four years of decline, purchases abroad of unsaturated acyclic hydrocarbons increased by 42% to X tons in 2021. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, unsaturated acyclic hydrocarbons imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt descent. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Qatar (X tons) and Japan (X tons) were the main suppliers of unsaturated acyclic hydrocarbons imports to Switzerland, with a combined 94% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +21.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X), Germany ($X) and Qatar ($X) appeared to be the largest unsaturated acyclic hydrocarbons suppliers to Switzerland, together comprising 85% of total imports.

Japan, with a CAGR of +23.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average unsaturated acyclic hydrocarbons import price amounted to $X per ton, growing by 24% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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