Switzerland: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2024

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Switzerland

The Swiss market for coconut, abaca, ramie and other vegetable textile fibres soared to $X in 2022, increasing by 19% 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). In general, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -24.1% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports from Switzerland

In 2022, after two years of growth, there was significant decline in overseas shipments of coconut, abaca, ramie and other vegetable textile fibres, when their volume decreased by -99.8% to X tons. Overall, exports continue to indicate a mild reduction. The growth pace was the most rapid in 2020 with an increase of 32,944% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2021, and then shrank rapidly in the following year.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres dropped rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate mild growth. The pace of growth was the most pronounced in 2020 with an increase of 36,028%. The exports peaked at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

The UK (X kg), Germany (X kg) and Austria (X kg) were the main destinations of exports of coconut, abaca, ramie and other vegetable textile fibres from Switzerland, with a combined 99% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +15.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for coconut, abaca, ramie and other vegetable textile fibre exported from Switzerland were Austria ($X), the UK ($X) and Germany ($X), together comprising 97% of total exports.

In terms of the main countries of destination, Austria, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, jumping by 139% against the previous year. In general, the export price showed a perceptible expansion. The most prominent rate of growth was recorded in 2013 an increase of 674%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Germany ($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 (-15.5%).

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports into Switzerland

In 2022, overseas purchases of coconut, abaca, ramie and other vegetable textile fibres decreased by -28.3% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a moderate expansion. The pace of growth was the most pronounced in 2020 when imports increased by 103%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres reduced remarkably to $X in 2022. Overall, imports, however, posted modest growth. The pace of growth appeared the most rapid in 2020 with an increase of 99% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibre to Switzerland, with a 72% share of total imports. Moreover, imports of coconut, abaca, ramie and other vegetable textile fibres from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was held by Sri Lanka (X tons), with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +37.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.4% per year) and Sri Lanka (-10.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibres to Switzerland, comprising 46% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by Sri Lanka, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled +27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.6% per year) and Sri Lanka (-6.9% per year).

Import Prices by Country

In 2022, the average import price for coconut, abaca, ramie and other vegetable textile fibres amounted to $X per ton, surging by 6.3% against the previous year. Overall, the import price, however, saw a slight descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, 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 India ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform