Switzerland: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Switzerland

The Swiss textile industry finishing agents market surged to $X in 2022, with an increase of X% against the previous year. Overall, consumption enjoyed a strong increase. Textile industry finishing agents consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Finishing Agents Used In The Textile Industry in Switzerland

In value terms, textile industry finishing agents production rose remarkably to $X in 2022 estimated in export price. In general, production saw a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Textile industry finishing agents production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Finishing Agents Used In The Textile Industry

Exports from Switzerland

In 2022, the amount of finishing agents used in the textile industry exported from Switzerland fell modestly to X tons, waning by X% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, textile industry finishing agents exports reduced to $X in 2022. In general, total exports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Austria (X tons), Germany (X tons) and Italy (X tons) were the main destinations of textile industry finishing agents exports from Switzerland, with a combined X% share of total exports. Iran, Honduras, Hungary, Bangladesh, China, Belarus, the Czech Republic, Morocco, Turkey and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for textile industry finishing agents exported from Switzerland were Germany ($X), China ($X) and Honduras ($X), together accounting for X% of total exports.

Honduras, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average textile industry finishing agents export price stood at $X per ton in 2022, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Iran ($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 Belarus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Finishing Agents Used In The Textile Industry

Imports into Switzerland

In 2022, overseas purchases of finishing agents used in the textile industry increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, textile industry finishing agents imports stood at $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Czech Republic (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of textile industry finishing agents imports to Switzerland, together comprising X% of total imports. France, Spain, Belgium and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Germany ($X) and Italy ($X) were the largest textile industry finishing agents suppliers to Switzerland, together comprising X% of total imports. Spain, France, Belgium and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Belgium, with a CAGR of X%, saw 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 2022, the average textile industry finishing agents import price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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