Report Update: May 1, 2024

Switzerland - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Odoriferous Substance Mixture Price in Switzerland - 2023

Odoriferous Substance Mixture Price in Switzerland (FOB) - 2023

The average odoriferous substance mixture export price stood at $26,153 per ton in September 2023, growing by 4.4% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 12% m-o-m. Over the period under review, the average export prices hit record highs at $28,013 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was France ($45,752 per ton), while the average price for exports to Nigeria ($11,389 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Price in Switzerland (CIF) - 2023

In September 2023, the average odoriferous substance mixture import price amounted to $36,557 per ton, increasing by 3.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in December 2022 an increase of 20% against the previous month. The import price peaked at $37,743 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($100K per ton), while the price for China ($10,714 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Odoriferous Substance Mixture Exports in Switzerland

Odoriferous substance mixture exports from Switzerland reached 79K tons in 2022, flattening at the year before. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when exports increased by 3.6%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, odoriferous substance mixture exports shrank to $1.8B in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 7.5%. As a result, the exports attained the peak of $1.9B, and then contracted modestly in the following year.

Export of Odoriferous Substance Mixture in Switzerland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	266	234	294	307	4.9%
Germany	279	282	288	243	-4.5%
Italy	149	134	146	154	1.1%
Spain	107	94.8	124	139	9.1%
United Kingdom	102	96.7	87.4	85.2	-5.8%
Turkey	84.1	92.3	80.3	82.6	-0.6%
Poland	74.9	74.2	72.9	67.7	-3.3%
United Arab Emirates	46.7	36.4	45.5	62.3	10.1%
Russia	44.4	49.5	50.6	59.6	10.3%
Mexico	18.2	36.9	59.6	43.9	34.1%
Egypt	28.7	32.2	43.3	42.3	13.8%
Hungary	33.0	45.2	47.6	36.6	3.5%
Netherlands	39.2	34.2	38.9	33.1	-5.5%
Others	507	484	477	480	-1.8%
Total	1,779	1,727	1,856	1,836	1.1%

Top Export Markets for Odoriferous Substance Mixture from Switzerland in 2022:

Germany (10.7K tons)
France (7.9K tons)
Italy (6.4K tons)
Turkey (5.3K tons)
Spain (5.3K tons)
United Kingdom (3.6K tons)
Russia (3.5K tons)
Mexico (3.1K tons)
Egypt (3.1K tons)
Hungary (2.7K tons)
Poland (2.6K tons)
Netherlands (2.0K tons)
United Arab Emirates (2.0K tons)

Odoriferous Substance Mixture Imports in Switzerland

Odoriferous substance mixture imports into Switzerland rose sharply to 9.4K tons in 2022, growing by 6.8% against the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, odoriferous substance mixture imports reached $279M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Odoriferous Substance Mixture in Switzerland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	56.9	50.9	52.9	52.8	-2.5%
Ireland	46.9	46.0	45.5	46.8	-0.1%
Germany	39.5	43.2	41.0	34.5	-4.4%
Thailand	25.8	22.9	26.5	29.8	4.9%
Netherlands	16.7	13.4	21.0	24.9	14.2%
United Kingdom	12.9	11.2	19.3	19.5	14.8%
Spain	14.9	12.6	15.1	16.8	4.1%
United States	14.7	7.7	10.6	12.3	-5.8%
China	8.3	8.4	11.1	11.8	12.4%
Belgium	3.4	3.2	1.7	6.3	22.8%
India	3.5	1.8	3.1	4.6	9.5%
Italy	2.4	2.4	2.3	3.0	7.7%
Singapore	0.6	1.5	3.2	2.0	49.4%
Others	16.1	13.7	14.1	14.2	-4.1%
Total	263	239	267	279	2.0%

Top Suppliers of Odoriferous Substance Mixture to Switzerland in 2022:

France (2064.9 tons)
Germany (1289.0 tons)
Thailand (1215.0 tons)
China (1197.7 tons)
Spain (629.6 tons)
Ireland (573.9 tons)
United States (406.7 tons)
United Kingdom (310.1 tons)
Netherlands (284.5 tons)
Belgium (267.3 tons)
Singapore (203.4 tons)
India (179.5 tons)
Italy (165.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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