Switzerland: Organic Pigments Market 2024

Organic Pigments Market Size in Switzerland

The Swiss organic pigments market soared to $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Organic Pigments Production in Switzerland

In value terms, organic pigments production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Organic pigments production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Organic Pigments Exports

Exports from Switzerland

In 2022, the amount of synthetic organic coloring matter and pigments exported from Switzerland dropped to X tons, with a decrease of X% compared with 2021 figures. Overall, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, organic pigments exports dropped modestly to $X in 2022. In general, exports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Germany (X tons) and Turkey (X tons) were the main destinations of organic pigments exports from Switzerland, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for organic pigments exported from Switzerland were France ($X), the United States ($X) and Germany ($X), together accounting for X% of total exports. Turkey, Japan, Austria, China, Mexico, India, Pakistan, Singapore, Bangladesh and Spain lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Pakistan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average organic pigments export price amounted to $X per ton, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

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

Organic Pigments Imports

Imports into Switzerland

In 2022, overseas purchases of synthetic organic coloring matter and pigments increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, organic pigments imports contracted to $X in 2022. Overall, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest organic pigments supplier to Switzerland, with a X% share of total imports. Moreover, organic pigments imports from India exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, China ($X), India ($X) and Germany ($X) were the largest organic pigments suppliers to Switzerland, with a combined X% share of total imports. France, the UK, South Korea, Italy, Spain, Indonesia, Belgium and Denmark lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

The average organic pigments import price stood at $X per ton in 2021, shrinking by X% against the previous year. Over the period under review, the import price recorded a mild contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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