Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland - 2023

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland (CIF) - 2023
  2. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland (FOB) - 2022
  3. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland
  4. Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland (CIF) - 2023

The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $151K per ton in December 2023, rising by 3.2% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 64% against the previous month. Over the period under review, average import prices reached the maximum at $228K per ton in February 2023; however, from March 2023 to December 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From December 2022 to December 2023, the rate of growth in terms of prices for Germany amounted to +0.4% per month.

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland (FOB) - 2022

The average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $859,271 per ton in 2022, increasing by 7.7% against the previous year. In general, the export price recorded a temperate expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 89% against the previous year. The export price peaked at $1,417,909 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($11,508,000 per ton), while the average price for exports to the Netherlands ($134,529 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 Germany (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland

For the fourth consecutive year, Switzerland recorded growth in purchases abroad of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves, which increased by 159% to 50 tons in 2022. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 1,887% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves soared to $7.3M in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,424%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A1.32.77.0132.0%
BelgiumN/AN/AN/A0.10%
OthersN/A0.2N/A0.20.0%
Total0.11.52.77.3317.9%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Switzerland in 2022:

  1. Germany (47.9 tons)
  2. Belgium (0.8 tons)

Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland

In 2022, overseas shipments of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -28.4% to 48 kg, falling for the second consecutive year after two years of growth. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 188%. As a result, the exports attained the peak of 95 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves contracted notably to $41K in 2022. Over the period under review, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2020 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $64K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany29.338.437.112.3-25.1%
GhanaN/AN/AN/A11.50%
United States13.68.310.110.9-7.1%
NetherlandsN/A6.4N/A2.3-40.1%
United Kingdom0.71.21.12.144.2%
France2.27.83.01.6-10.1%
BrazilN/AN/AN/A0.40%
South KoreaN/A2.0N/A0.3-61.3%
MoroccoN/AN/A1.5N/A0%
United Arab EmiratesN/AN/A0.4N/A0%
Others1.00.40.2N/A-55.3%
Total46.864.453.441.2-4.2%

Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from Switzerland in 2022:

  1. Netherlands (17.0 kg)
  2. United States (13.0 kg)
  3. Germany (10.0 kg)
  4. France (3.0 kg)
  5. United Kingdom (2.0 kg)
  6. Ghana (1.0 kg)
  7. Brazil (1.0 kg)
  8. South Korea (1.0 kg)

Source: IndexBox Market Intelligence Platform

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