Petroleum Jelly Price in Switzerland - 2023
Contents:
- Petroleum Jelly Price in Switzerland (CIF) - 2022
- Petroleum Jelly Price in Switzerland (FOB) - 2022
- Petroleum Jelly Imports in Switzerland
- Petroleum Jelly Exports in Switzerland
Petroleum Jelly Price in Switzerland (CIF) - 2022
In 2022, the average petroleum jelly import price amounted to $3,484 per ton, rising by 16% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39%. As a result, import price reached the peak level of $4,182 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,400 per ton), while the price for Hungary ($2,288 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Petroleum Jelly Price in Switzerland (FOB) - 2022
In 2022, the average petroleum jelly export price amounted to $2,736 per ton, rising by 8.3% against the previous year. In general, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 49% against the previous year. The export price peaked at $5,327 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3,909 per ton), while the average price for exports to Belgium ($2,365 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 the UK (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum Jelly Imports in Switzerland
Petroleum jelly imports into Switzerland shrank sharply to 251 tons in 2022, declining by -28.9% on 2021. In general, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports reached the peak of 353 tons, and then declined notably in the following year.
In value terms, petroleum jelly imports declined sharply to $874K in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Petroleum Jelly in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 487 | 525 | 466 | 540 | 3.5% |
| Netherlands | 165 | 275 | 302 | 173 | 1.6% |
| Hungary | N/A | 111 | 167 | 44.5 | -36.7% |
| Others | 160 | 174 | 120 | 117 | -9.9% |
| Total | 813 | 1,085 | 1,056 | 874 | 2.4% |
Top Suppliers of Petroleum Jelly to Switzerland in 2022:
- Germany (160.2 tons)
- Netherlands (58.6 tons)
- Hungary (19.4 tons)
Petroleum Jelly Exports in Switzerland
In 2022, overseas shipments of petroleum jellies decreased by -22.6% to 83 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. As a result, the exports attained the peak of 107 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, petroleum jelly exports fell significantly to $227K in 2022. Overall, exports recorded a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of $271K, and then reduced dramatically in the following year.
| Export of Petroleum Jelly in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 41.5 | 43.1 | 46.4 | 55.4 | 10.1% |
| Italy | 48.0 | 43.8 | 55.5 | 40.4 | -5.6% |
| France | 28.1 | 38.7 | 44.4 | 34.2 | 6.8% |
| Belgium | 21.3 | 8.9 | 21.5 | 23.4 | 3.2% |
| Poland | 9.1 | 14.6 | 19.2 | 14.2 | 16.0% |
| China | 8.9 | 4.2 | 8.2 | 8.3 | -2.3% |
| Slovenia | 2.5 | 1.3 | 4.6 | 7.2 | 42.3% |
| Germany | 36.7 | 9.8 | 8.2 | 6.1 | -45.0% |
| Morocco | 7.5 | 3.4 | 7.2 | 5.7 | -8.7% |
| United Kingdom | 7.6 | 3.1 | 5.2 | 3.9 | -19.9% |
| Iran | N/A | N/A | 7.6 | N/A | 0% |
| Others | 35.8 | 44.2 | 42.7 | 28.2 | -7.6% |
| Total | 247 | 215 | 271 | 227 | -2.8% |
Top Export Markets for Petroleum Jelly from Switzerland in 2022:
- Spain (20.2 tons)
- France (14.1 tons)
- Italy (13.5 tons)
- Belgium (9.9 tons)
- Poland (4.8 tons)
- Slovenia (3.1 tons)
- China (2.8 tons)
- Morocco (2.0 tons)
- Germany (1.6 tons)
- United Kingdom (1.0 tons)
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