Switzerland - Methanal (Formaldehyde) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFormaldehyde Price in Switzerland - 2023
Contents:
- Formaldehyde Price in Switzerland (CIF) - 2023
- Formaldehyde Price in Switzerland (FOB) - 2022
- Formaldehyde Imports in Switzerland
- Formaldehyde Exports in Switzerland
Formaldehyde Price in Switzerland (CIF) - 2023
In September 2023, the average formaldehyde import price amounted to $267 per ton, reducing by -4.4% against the previous month. Over the period under review, the import price saw a pronounced decline. The most prominent rate of growth was recorded in February 2023 an increase of 21% month-to-month. As a result, import price attained the peak level of $377 per ton. From March 2023 to September 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($266 per ton), while the price for Poland amounted to $262 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (-1.9%).
Formaldehyde Price in Switzerland (FOB) - 2022
The average formaldehyde export price stood at $13,864 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 805%. The export price peaked at $20,242 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($15,571 per ton), while the average price for exports to the United States amounted to $9,463 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Formaldehyde Imports in Switzerland
In 2022, after three years of growth, there was significant decline in overseas purchases of formaldehyde, when their volume decreased by -13.1% to 21K tons. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 180%. As a result, imports reached the peak of 25K tons, and then reduced in the following year.
In value terms, formaldehyde imports reduced slightly to $7.3M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 81%. As a result, imports reached the peak of $7.4M, and then dropped modestly in the following year.
| Import of Formaldehyde in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.6 | 2.6 | 4.1 | 4.2 | 17.3% |
| Poland | 1.5 | 1.4 | 2.7 | 2.8 | 23.1% |
| Others | 0.1 | 0.1 | 0.7 | 0.4 | 58.7% |
| Total | 4.2 | 4.1 | 7.4 | 7.3 | 20.2% |
Top Suppliers of Formaldehyde to Switzerland in 2022:
- Germany (11.6K tons)
- Poland (9.6K tons)
Formaldehyde Exports in Switzerland
In 2022, after two years of decline, there was significant growth in shipments abroad of formaldehyde, when their volume increased by 31% to 4.7 tons. In general, exports, however, recorded a mild shrinkage.
In value terms, formaldehyde exports surged to $65K in 2022. Over the period under review, exports, however, showed a abrupt decline.
| Export of Formaldehyde in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 65.2 | 62.9 | 37.7 | 37.6 | -16.8% |
| United States | 9.8 | 11.6 | 9.4 | 20.9 | 28.7% |
| Italy | 18.5 | N/A | N/A | N/A | 0% |
| Others | 6.8 | 7.9 | 3.3 | 6.6 | -1.0% |
| Total | 100 | 82.4 | 50.3 | 65.1 | -13.3% |
Top Export Markets for Formaldehyde from Switzerland in 2022:
- Germany (2.4 tons)
- United States (2.2 tons)
This report provides an in-depth analysis of the formaldehyde market in Switzerland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20146111 - Methanal (formaldehyde)
Country coverage:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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