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.
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Major Swiss chemical and pharmaceuticals producers include Novartis, Roche, Clariant, EMS Chemie, Lonza and Syngenta, among others.
($1 = Swfr0.95; €1 = Swfr1.29)For more on Clariant, EMS and other producer visit ICIS company intelligence
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