Switzerland: Market for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) 2022

Market Size for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in Switzerland

In 2021, the Swiss bedding and furnishing article market increased by 16% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Exports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Exports from Switzerland

In 2021, after eight years of decline, there was significant growth in overseas shipments of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows), when their volume increased by 39% to X tons. In general, exports, however, continue to indicate a noticeable shrinkage. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, bedding and furnishing article exports soared to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +108.6% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), the United States (X tons) and Austria (X tons) were the main destinations of bedding and furnishing article exports from Switzerland, with a combined 71% share of total exports. France, the Netherlands, Hungary, Serbia and Italy lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the biggest increases were in Hungary (with a CAGR of +99.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bedding and furnishing article exported from Switzerland were the United States ($X), Germany ($X) and Austria ($X), together accounting for 74% of total exports. France, the Netherlands, Italy, Hungary and Serbia lagged somewhat behind, together accounting for a further 8.5%.

Hungary, with a CAGR of +111.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average bedding and furnishing article export price amounted to $X per ton, surging by 28% against the previous year. In general, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 35%. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Serbia ($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 Germany (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Imports into Switzerland

In 2021, purchases abroad of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) increased by 9.6% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 43%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, bedding and furnishing article imports soared to $X in 2021. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of bedding and furnishing article imports to Switzerland, together comprising 61% of total imports. These countries were followed by India, Bulgaria, the Czech Republic, Lithuania, Italy, Estonia, France, Turkey, Austria and Hungary, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +23.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bedding and furnishing article suppliers to Switzerland were Germany ($X), China ($X) and Poland ($X), with a combined 60% share of total imports. India, Italy, Bulgaria, Austria, France, the Czech Republic, Lithuania, Estonia, Hungary and Turkey lagged somewhat behind, together accounting for a further 27%.

Among the main suppliers, the Czech Republic, with a CAGR of +16.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average bedding and furnishing article import price amounted to $X per ton, increasing by 8.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 37% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform