Switzerland: Salt Market 2024

Salt Market Size in Switzerland

After seven years of growth, the Swiss salt market decreased by X% to $X in 2022. Overall, consumption, however, showed measured growth. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped in the following year.

Salt Production in Switzerland

In value terms, salt production contracted to $X in 2022 estimated in export price. In general, production, however, showed strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2021, and then reduced in the following year.

Salt Exports

Exports from Switzerland

Salt exports from Switzerland shrank to X tons in 2022, which is down by X% compared with the previous year's figure. Over the period under review, exports showed a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, salt exports reduced to $X in 2022. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main destinations of salt exports from Switzerland, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Germany ($X) remains the key foreign market for salt and pure sodium chloride exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports.

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

Export Prices by Country

The average salt export price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to France ($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 mixed trend patterns.

Salt Imports

Imports into Switzerland

In 2022, purchases abroad of salt and pure sodium chloride decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, salt imports reduced markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted dramatically in the following year.

Imports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main suppliers of salt imports to Switzerland, with a combined X% share of total imports. Pakistan, Denmark, Portugal, Austria, the Netherlands and Poland lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest salt suppliers to Switzerland were Germany ($X), France ($X) and Denmark ($X), with a combined X% share of total imports.

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

Import Prices by Country

The average salt import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, import price indicated a buoyant expansion 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, salt import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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

Frequently Asked Questions (FAQ) :