Price for Mineral Substances Not Elsewhere Specified or Included in Switzerland - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Switzerland (FOB) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Switzerland (CIF) - 2023
- Exports of Mineral Substances Not Elsewhere Specified or Included in Switzerland
- Imports of Mineral Substances Not Elsewhere Specified or Included in Switzerland
Price for Mineral Substances Not Elsewhere Specified or Included in Switzerland (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $13 per ton in 2022, with an increase of 13% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mineral substances not elsewhere specified or includeds increased by +50.8% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 34% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($13 per ton), while the average price for exports to Vietnam ($3.3 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 Austria (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Switzerland (CIF) - 2023
In December 2023, the average import price for mineral substances not elsewhere specified or includeds amounted to $135 per ton, waning by -9.3% against the previous month. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 49% month-to-month. As a result, import price attained the peak level of $279 per ton. From February 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($391 per ton), while the price for France ($82.0 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mineral Substances Not Elsewhere Specified or Included in Switzerland
In 2022, approx. 2.1M tons of mineral substances not elsewhere specified or includeds were exported from Switzerland; with a decrease of -18.7% against the year before. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 1.1%.
In value terms, exports of mineral substances not elsewhere specified or includeds dropped to $28M in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports attained the peak of $30M, and then reduced in the following year.
| Export of Mineral Substances Not Elsewhere Specified or Included in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 20.8 | 16.8 | 23.7 | 21.5 | 1.1% |
| Italy | 3.7 | 3.6 | 3.7 | 3.6 | -0.9% |
| Austria | 0.4 | 0.6 | 0.7 | 0.6 | 14.5% |
| Germany | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| Vietnam | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
| Others | 1.0 | 0.8 | 1.4 | 1.5 | 14.5% |
| Total | 26.4 | 22.4 | 30.2 | 27.8 | 1.7% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Switzerland in 2022:
- France (1605.1K tons)
- Italy (268.1K tons)
- Vietnam (43.2K tons)
- Austria (41.6K tons)
- Germany (40.5K tons)
Imports of Mineral Substances Not Elsewhere Specified or Included in Switzerland
In 2022, purchases abroad of mineral substances not elsewhere specified or includeds was finally on the rise to reach 58K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable slump.
In value terms, imports of mineral substances not elsewhere specified or includeds expanded sharply to $13M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 11% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.5 | 6.0 | 6.2 | 6.1 | 3.5% |
| France | 1.1 | 1.2 | 1.6 | 2.5 | 31.5% |
| Austria | 0.8 | 1.1 | 1.2 | 1.2 | 14.5% |
| Italy | 0.9 | 0.5 | 0.6 | 0.7 | -8.0% |
| Belgium | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
| Netherlands | 0.5 | 0.6 | 0.5 | 0.3 | -15.7% |
| Slovakia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 1.1 | 1.7 | 1.5 | 1.9 | 20.0% |
| Total | 10.6 | 11.8 | 12.3 | 13.4 | 8.1% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Switzerland in 2022:
- Germany (26.7K tons)
- France (17.6K tons)
- Italy (3.7K tons)
- Austria (3.4K tons)
- Belgium (2.0K tons)
- Slovakia (1.2K tons)
- Netherlands (0.6K tons)
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