Nitrites; Nitrates Price in Switzerland - 2023
Contents:
- Nitrites; Nitrates Price in Switzerland (CIF) - 2022
- Nitrites; Nitrates Price in Switzerland (FOB) - 2022
- Nitrites; Nitrates Imports in Switzerland
- Nitrites; Nitrates Exports in Switzerland
Nitrites; Nitrates Price in Switzerland (CIF) - 2022
The average nitrites; nitrates import price stood at $962 per ton in 2022, surging by 41% against the previous year. In general, the import price showed a notable increase. The pace of growth appeared the most rapid in 2016 an increase of 85% against the previous year. Over the period under review, average import prices hit record highs at $1,489 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,806 per ton), while the price for Norway ($349 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrites; Nitrates Price in Switzerland (FOB) - 2022
In 2022, the average nitrites; nitrates export price amounted to $7,659 per ton, falling by -8.4% against the previous year. In general, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 150% against the previous year. Over the period under review, the average export prices attained the maximum at $27,773 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($26,704 per ton), while the average price for exports to Germany ($5,756 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 Hong Kong SAR (+9.2%), while the prices for the other major destinations experienced a decline.
Nitrites; Nitrates Imports in Switzerland
In 2022, overseas purchases of nitrites; nitrateses decreased by -7.5% to 5.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 85%. As a result, imports reached the peak of 6.3K tons, and then reduced in the following year.
In value terms, nitrites; nitrates imports soared to $5.6M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nitrites; Nitrates in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,801 | 1,700 | 1,951 | 1,679 | -2.3% |
| Israel | 350 | 247 | 386 | 773 | 30.2% |
| Belgium | 290 | 646 | 307 | 700 | 34.1% |
| France | 165 | 292 | 313 | 505 | 45.2% |
| Chile | 175 | 130 | 190 | 432 | 35.1% |
| Poland | 44.5 | 141 | 145 | 399 | 107.7% |
| Norway | 293 | 80.1 | 60.3 | 172 | -16.3% |
| Others | 980 | 620 | 915 | 922 | -2.0% |
| Total | 4,099 | 3,856 | 4,266 | 5,582 | 10.8% |
Top Suppliers of Nitrites; Nitrates to Switzerland in 2022:
- Germany (2713.0 tons)
- Israel (514.6 tons)
- Norway (492.4 tons)
- Poland (480.8 tons)
- Belgium (387.6 tons)
- France (303.9 tons)
- Chile (270.8 tons)
Nitrites; Nitrates Exports in Switzerland
In 2022, overseas shipments of nitrites; nitrateses decreased by -26.3% to 118 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 169% against the previous year. As a result, the exports attained the peak of 160 tons, and then contracted sharply in the following year.
In value terms, nitrites; nitrates exports contracted significantly to $902K in 2022. Overall, exports recorded a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 114%. As a result, the exports attained the peak of $1.3M, and then contracted significantly in the following year.
| Export of Nitrites; Nitrates in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 637 | 412 | 853 | 561 | -4.1% |
| United States | 99.2 | 89.3 | 137 | 138 | 11.6% |
| France | 42.3 | 25.3 | 92.5 | 96.8 | 31.8% |
| South Korea | 40.1 | 51.3 | 213 | 77.5 | 24.6% |
| Others | 130 | 46.1 | 40.1 | 28.9 | -39.4% |
| Total | 948 | 624 | 1,336 | 902 | -1.6% |
Top Export Markets for Nitrites; Nitrates from Switzerland in 2022:
- Germany (97.4 tons)
- United States (9.9 tons)
- France (6.9 tons)
- South Korea (2.9 tons)
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In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1367
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