Switzerland: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Switzerland

In 2021, the Swiss market for drawn glass and blown glass was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Overall, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Drawn glass and blown glass consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Drawn Glass And Blown Glass in Switzerland

In value terms, drawn glass and blown glass production expanded rapidly to $X in 2021 estimated in export price. In general, production, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by 23% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Drawn Glass And Blown Glass

Exports from Switzerland

Drawn glass and blown glass exports from Switzerland rose slightly to X square meters in 2021, surging by 2.8% on 2020 figures. Over the period under review, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 95% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, drawn glass and blown glass exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a noticeable contraction. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X square meters) was the main destination for drawn glass and blown glass exports from Switzerland, with a 78% share of total exports. Moreover, drawn glass and blown glass exports to the United States exceeded the volume sent to the second major destination, China (X square meters), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) remains the key foreign market for drawn glass and blown glass exports from Switzerland, comprising 88% of total exports. The second position in the ranking was held by China ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -1.5%.

Export Prices by Country

The average export price for drawn glass and blown glass stood at $X per square meter in 2021, rising by 13% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 103%. As a result, the export price attained the peak level of $X per square meter. From 2017 to 2021, the average export prices failed to regain momentum.

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 the United States ($X per square meter), while the average price for exports to China stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.1%), while the prices for the other major destinations experienced a decline.

Imports of Drawn Glass And Blown Glass

Imports into Switzerland

In 2021, the amount of drawn glass and blown glass imported into Switzerland dropped markedly to X square meters, falling by -42.4% on the previous year's figure. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2017 when imports increased by 255% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, drawn glass and blown glass imports totaled $X in 2021. In general, imports showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 27% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X square meters), Italy (X square meters) and the Netherlands (X square meters) were the main suppliers of drawn glass and blown glass imports to Switzerland, with a combined 88% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +13.4%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of drawn glass and blown glass to Switzerland, comprising 56% of total imports. The second position in the ranking was held by France ($X), with a 14% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-6.2% per year) and Italy (-4.4% per year).

Import Prices by Country

In 2021, the average import price for drawn glass and blown glass amounted to $X per square meter, with an increase of 87% against the previous year. Overall, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2016 an increase of 214% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2017 to 2021, the average import prices failed to regain momentum.

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 France ($X per square meter), while the price for Italy ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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