Switzerland: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in Switzerland

The Swiss adhesive bandage market fell significantly to $X in 2022, which is down by -24.4% against the previous year. In general, consumption continues to indicate a perceptible curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Adhesive Bandage Production in Switzerland

In value terms, adhesive bandage production dropped significantly to $X in 2022 estimated in export price. Overall, production saw a abrupt curtailment. The growth pace was the most rapid in 2013 with a decrease of -33.3%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Adhesive Bandage Exports

Exports from Switzerland

In 2022, approx. X tons of adhesive bandages were exported from Switzerland; with a decrease of -66% on the previous year's figure. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, adhesive bandage exports reduced remarkably to $X in 2022. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2013 when exports increased by 53%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons), Austria (X tons) and Saudi Arabia (X tons) were the main destinations of adhesive bandage exports from Switzerland, together accounting for 59% 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 Saudi Arabia (with a CAGR of +20.1%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Saudi Arabia ($X) and Germany ($X) were the largest markets for adhesive bandage exported from Switzerland worldwide, with a combined 59% share of total exports.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +23.1%, 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

In 2022, the average adhesive bandage export price amounted to $X per ton, surging by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2013 an increase of 35% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Austria ($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 Germany (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Adhesive Bandage Imports

Imports into Switzerland

In 2022, imports of adhesive bandages into Switzerland reduced notably to X tons, falling by -22.4% on the year before. Overall, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2021 when imports increased by 54%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, adhesive bandage imports reduced notably to $X in 2022. Over the period under review, imports recorded a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of adhesive bandage to Switzerland, accounting for a 67% share of total imports. Moreover, adhesive bandage imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. Spain (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.4% per year) and Spain (-4.4% per year).

In value terms, Italy ($X) constituted the largest supplier of adhesive bandages to Switzerland, comprising 51% of total imports. The second position in the ranking was held by Hungary ($X), with a 9.7% share of total imports. It was followed by China, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+84.3% per year) and China (+13.7% per year).

Import Prices by Country

The average adhesive bandage import price stood at $X per ton in 2022, falling by -20.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 30% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Hungary ($X per ton), while the price for South Korea ($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 Netherlands (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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