Swiss 2010 non-pharma chem exports still below 2008 levels - group

03 February 2011 16:48  [Source: ICIS news]

TORONTO (ICIS)--Switzerland’s 2010 chemical and pharmaceuticals exports rose to Swfr75.9bn ($79.9bn), up 5.7% from 2009, but the bulk of Swiss non-pharma chemical exports have not yet caught up to pre-crisis 2008 levels, a chemical industry trade group said on Thursday.

The group, SGCI Chemie Pharma Schweiz, credited pharmaceuticals for the overall increase in exports. Exports of pharmaceuticals were Swfr60.6bn, up 4.2% from 2009, and up 9.7% from a record 2008 year, the group said.

However, SGCI said while non-pharma exports for pigments, dyes and colourants rose 11.2% from 2009, to Swfr800m, they were still down 15.9% from their 2008 level.

Swiss organic chemical exports rose also by 11.2% from 2009, to Swfr3.6bn, but were still down 11.1% from 2008.

Crop chemical product exports rose 11.6% from 2009, to Swfr2bn, but were down 8.4% from 2008.

The only non-pharma sector recording increases from both 2009 and 2008 were flavours and fragrances, which rose 19.6% from 2009, to Swfr1.9bn, and were up 1.8% from 2008.

Regionally, the largest export market for Swiss chemicals and pharmaceuticals was the EU, where customers bought Swfr43.7bn worth of product, up 2.3% from 2009. However, exports to the EU were still 10.6% below their 2008 level, the group said.

The chemicals and pharmaceuticals industry is Switzerland’s largest export sector.

As for pharma imports, Ireland last year overtook Germany as the largest supplier of pharmaceuticals to Switzerland, SGCI said.

Major Swiss chemical and pharmaceuticals producers include Novartis, Roche, Clariant, EMS Chemie, Lonza and Syngenta, among others.

($1 = Swfr0.95; €1 = Swfr1.29)

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By: Stefan Baumgarten
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