Switzerland - Nitrogen - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Switzerland - Nitrogen - Market Analysis, Forecast, Size, Trends And Insights

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Nitrogen Price in Switzerland - 2023

Contents:

  1. Nitrogen Price in Switzerland (FOB) - 2023
  2. Nitrogen Price in Switzerland (CIF) - 2023
  3. Nitrogen Exports in Switzerland
  4. Nitrogen Imports in Switzerland

Nitrogen Price in Switzerland (FOB) - 2023

In August 2023, the average nitrogen export price amounted to $254 per thousand cubic meters, reducing by -6.6% against the previous month. In general, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in November 2022 when the average export price increased by 70% m-o-m. Over the period under review, the average export prices attained the peak figure at $918 per thousand cubic meters in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was France ($292 per thousand cubic meters), while the average price for exports to Germany amounted to $240 per thousand cubic meters.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (-5.6%).

Nitrogen Price in Switzerland (CIF) - 2023

In August 2023, the average nitrogen import price amounted to $328 per thousand cubic meters, with an increase of 2.4% against the previous month. In general, import price indicated a moderate increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, nitrogen import price decreased by -14.4% against June 2023 indices. The pace of growth was the most pronounced in December 2022 an increase of 56% month-to-month. Over the period under review, average import prices attained the maximum at $498 per thousand cubic meters in March 2023; however, from April 2023 to August 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($297 per thousand cubic meters), while the price for Italy amounted to $292 per thousand cubic meters.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.0%).

Nitrogen Exports in Switzerland

In 2022, exports of nitrogen from Switzerland skyrocketed to 3.3M cubic meters, with an increase of 66% on the previous year. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, nitrogen exports surged to $10M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Nitrogen in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.12.75.18.942.1%
France0.90.71.00.90.0%
Italy0.20.10.20.20.0%
Austria0.30.40.30.1-30.7%
Denmark0.10.1N/AN/A0.0%
Others0.30.50.50.30.0%
Total4.94.37.010.428.5%

Top Export Markets for Nitrogen from Switzerland in 2022:

  1. Germany (2908.0K cubic meters)
  2. Italy (190.1K cubic meters)
  3. France (144.5K cubic meters)
  4. Denmark (17.2K cubic meters)
  5. Austria (4.8K cubic meters)

Nitrogen Imports in Switzerland

In 2022, after three years of growth, there was significant decline in purchases abroad of nitrogen, when their volume decreased by -62.9% to 6.5M cubic meters. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 406% against the previous year. As a result, imports attained the peak of 18M cubic meters, and then declined sharply in the following year.

In value terms, nitrogen imports skyrocketed to $7.6M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 +75.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nitrogen in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.81.82.03.828.3%
Italy1.41.91.72.521.3%
Czech Republic0.50.81.10.817.0%
FranceN/AN/AN/A0.10%
Others0.60.30.40.5-5.9%
Total4.44.85.27.620.0%

Top Suppliers of Nitrogen to Switzerland in 2022:

  1. Italy (4.4M cubic meters)
  2. Czech Republic (1.4M cubic meters)
  3. Germany (0.5M cubic meters)
  4. France (0.1M cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nitrogen 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 20111160 - Nitrogen

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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