Switzerland: Market for Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) 2024

Market Size for Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) in Switzerland

The Swiss market for acrylic polymers, in primary forms (excluding polymethyl methacrylate) rose rapidly to $X in 2021, growing by 13% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the immediate term.

Exports of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate)

Exports from Switzerland

In 2021, approx. X tons of acrylic polymers, in primary forms (excluding polymethyl methacrylate) were exported from Switzerland; surging by 6.6% on 2020 figures. Overall, exports, however, showed a pronounced descent. The growth pace was the most rapid in 2019 with an increase of 20%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) surged to $X in 2021. In general, exports, however, saw a perceptible decline. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Austria (X tons) and India (X tons) were the main destinations of exports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) from Switzerland, together accounting for 54% of total exports. China, Sweden, Japan, Belgium, Bosnia and Herzegovina, Portugal, France, Italy, Turkey and the United States lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +56.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for acrylic polymers, in primary forms (excluding polymethyl methacrylate) exports from Switzerland, comprising 36% of total exports. The second position in the ranking was taken by China ($X), with a 12% share of total exports. It was followed by Austria, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+14.7% per year) and Austria (+2.4% per year).

Export Prices by Country

In 2021, the average export price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) amounted to $X per ton, surging by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2014 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate)

Imports into Switzerland

In 2021, after two years of growth, there was decline in purchases abroad of acrylic polymers, in primary forms (excluding polymethyl methacrylate), when their volume decreased by -0.8% to X tons. The total import volume increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 10%. As a result, imports reached the peak of X tons, leveling off in the following year.

In value terms, imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) rose remarkably to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest acrylic polymers, in primary forms (excluding polymethyl methacrylate) supplier to Switzerland, accounting for a 45% share of total imports. Moreover, imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. Italy (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+7.2% per year) and Italy (+16.4% per year).

In value terms, Germany ($X) constituted the largest supplier of acrylic polymers, in primary forms (excluding polymethyl methacrylate) to Switzerland, comprising 48% of total imports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+6.8% per year) and France (+0.1% per year).

Import Prices by Country

The average import price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) stood at $X per ton in 2021, rising by 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform