Switzerland: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in Switzerland

The Swiss odoriferous substance mixture market surged to $X in 2022, jumping by X% against the previous year. In general, consumption showed a resilient increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Odoriferous Substance Mixture Production in Switzerland

In value terms, odoriferous substance mixture production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Odoriferous substance mixture production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Odoriferous Substance Mixture Exports

Exports from Switzerland

In 2022, exports of mixtures of odoriferous substances and their preparations from Switzerland was estimated at X tons, flattening at the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, odoriferous substance mixture exports dropped modestly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main destinations of odoriferous substance mixture exports from Switzerland, together accounting for X% of total exports. Spain, Turkey, the UK, Russia, Mexico, Egypt, Hungary, Poland, the Netherlands and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) were the largest markets for odoriferous substance mixture exported from Switzerland worldwide, with a combined X% share of total exports. Spain, the UK, Turkey, Poland, the United Arab Emirates, Russia, Mexico, Egypt, Hungary and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Egypt, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average odoriferous substance mixture export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price saw a mild descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Hungary ($X 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 Italy (X%), while the prices for the other major destinations experienced a decline.

Odoriferous Substance Mixture Imports

Imports into Switzerland

In 2022, the amount of mixtures of odoriferous substances and their preparations imported into Switzerland reached X tons, growing by X% compared with the year before. In general, total imports indicated a modest expansion from 2012 to 2022: its volume 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 2017 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, odoriferous substance mixture imports stood at $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

France (X tons), Germany (X tons) and Thailand (X tons) were the main suppliers of odoriferous substance mixture imports to Switzerland, together comprising X% of total imports. China, Spain, Ireland, the United States, the UK, the Netherlands, Belgium, Singapore, India and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Ireland ($X) and Germany ($X) appeared to be the largest odoriferous substance mixture suppliers to Switzerland, together comprising X% of total imports. Thailand, the Netherlands, the UK, Spain, the United States, China, Belgium, India, Italy and Singapore lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average odoriferous substance mixture import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, recorded a slight increase. The growth pace was the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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