Switzerland: Direct Dye Market 2024

Direct Dye Market Size in Switzerland

The Swiss direct dye market fell markedly to $X in 2021, which is down by -17.8% against the previous year. Over the period under review, consumption continues to indicate a perceptible contraction. Direct dye consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Direct Dye Production in Switzerland

In value terms, direct dye production contracted rapidly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 794%. As a result, production attained the peak level of $X, and then shrank remarkably in the following year.

Direct Dye Exports

Exports from Switzerland

In 2021, shipments abroad of direct dyes and preparations based thereon was finally on the rise to reach X tons after three years of decline. Overall, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, direct dye exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons), Germany (X tons) and Turkey (X tons) were the main destinations of direct dye exports from Switzerland, with a combined 53% share of total exports. These countries were followed by Pakistan, Bangladesh, the Dominican Republic, the UK, Venezuela, Tunisia and Italy, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +18.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Turkey ($X) and Austria ($X) appeared to be the largest markets for direct dye exported from Switzerland worldwide, together accounting for 51% of total exports. Pakistan, Bangladesh, the Dominican Republic, Tunisia, the UK, Venezuela and Italy lagged somewhat behind, together comprising a further 33%.

Pakistan, with a CAGR of +21.4%, saw 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 direct dye export price amounted to $X per ton, increasing by 4.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 13%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Venezuela ($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 France (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Direct Dye Imports

Imports into Switzerland

In 2021, supplies from abroad of direct dyes and preparations based thereon was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 64%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, direct dye imports soared to $X in 2021. In general, imports, however, continue to indicate a abrupt decrease. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), Spain (X tons) and Thailand (X tons) were the main suppliers of direct dye imports to Switzerland, with a combined 84% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +45.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest direct dye suppliers to Switzerland were India ($X), the Czech Republic ($X) and Spain ($X), together comprising 75% of total imports.

Spain, with a CAGR of +33.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average direct dye import price stood at $X per ton in 2021, picking up by 22% against the previous year. In general, the import price showed temperate growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 56% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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