Switzerland: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Switzerland

The Swiss market for cellular plates, sheets and films of polyymers of styrene contracted modestly to $X in 2022, remaining stable against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Switzerland

In value terms, production of cellular plates, sheets and films of polyymers of styrene rose sharply to $X in 2022 estimated in export price. Overall, production recorded prominent growth. The growth pace was the most rapid in 2017 with an increase of 209% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Switzerland

In 2022, shipments abroad of cellular plates, sheets and films of polyymers of styrene increased by 2.8% to X tons, rising for the fourth consecutive year after six years of decline. Over the period under review, exports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2019 when exports increased by 121%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $X in 2022. In general, exports continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 136%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Switzerland, accounting for a 58% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to Italy exceeded the volume sent to the second major destination, Germany (X tons), threefold. Austria (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +56.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.4% per year) and Austria (+31.9% per year).

In value terms, Italy ($X) remains the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Switzerland, comprising 72% of total exports. The second position in the ranking was taken by Germany ($X), with a 14% share of total exports. It was followed by Austria, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled +66.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.9% per year) and Austria (+21.9% per year).

Export Prices by Country

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, picking up by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2021 an increase of 25%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Austria ($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 Italy (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Switzerland

Imports of cellular plates, sheets and films of polyymers of styrene into Switzerland declined to X tons in 2022, which is down by -14.5% on the previous year's figure. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 67% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene contracted to $X in 2022. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 27%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of imports of cellular plates, sheets and films of polyymers of styrene to Switzerland, together comprising 92% of total imports. France and the Czech Republic lagged somewhat behind, together accounting for a further 5.8%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +51.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Austria ($X) and Italy ($X) constituted the largest polystyrene cellular plates, sheets and films suppliers to Switzerland, together accounting for 93% of total imports. France and the Czech Republic lagged somewhat behind, together accounting for a further 4.5%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +40.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, increasing by 11% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 80% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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