Switzerland: Amino-Resin Market 2024

Amino-Resin Market Size in Switzerland

The Swiss amino-resin market contracted slightly to $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, leveling off in the following year.

Amino-Resin Production in Switzerland

In value terms, amino-resin production reduced sharply to $X in 2022 estimated in export price. Over the period under review, production, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Amino-resin production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Amino-Resin Exports

Exports from Switzerland

Amino-resin exports from Switzerland contracted to X tons in 2022, falling by X% on the previous year. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, amino-resin exports shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Germany (X tons) was the main destination for amino-resin exports from Switzerland, accounting for a X% share of total exports. Moreover, amino-resin exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the United States (X% per year).

In value terms, Germany ($X) remains the key foreign market for amino-resins, phenolic resins and polyurethanes (in primary forms) exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the United States (X% per year).

Export Prices by Country

The average amino-resin export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and the United States ($X per ton), while the average price for exports to Lithuania ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Amino-Resin Imports

Imports into Switzerland

In 2022, purchases abroad of amino-resins, phenolic resins and polyurethanes (in primary forms) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, amino-resin imports totaled $X in 2022. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of amino-resin to Switzerland, accounting for a X% share of total imports. Moreover, amino-resin imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sevenfold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Poland (X% per year).

In value terms, Germany ($X) constituted the largest supplier of amino-resins, phenolic resins and polyurethanes (in primary forms) to Switzerland, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average amino-resin import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, amino-resin import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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