Switzerland: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Switzerland

For the sixth consecutive year, the Swiss market for flexible tubes, pipes and hoses of plastics, with fittings recorded growth in sales value, which increased by 12% to $X in 2022. Overall, consumption, however, posted a strong increase. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports from Switzerland

In 2022, shipments abroad of flexible tubes, pipes and hoses of plastics, with fittings decreased by -15% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings declined to $X in 2022. Over the period under review, total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.4% against 2018 indices. The growth pace was the most rapid in 2014 when exports increased by 44%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Germany (X tons), Austria (X tons) and Norway (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with fittings from Switzerland, with a combined 65% share of total exports. France, Sweden, Italy, China and the United States lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +35.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, with fittings exports from Switzerland, comprising 48% of total exports. The second position in the ranking was held by the United States ($X), with a 9.9% share of total exports. It was followed by France, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+11.7% per year) and France (+17.2% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, increasing by 5.1% against the previous year. Over the period under review, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 178% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Norway ($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 the United States (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports into Switzerland

In 2022, overseas purchases of flexible tubes, pipes and hoses of plastics, with fittings decreased by -4.1% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 73%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings soared to $X in 2022. Over the period under review, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 111%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Italy (X tons), Austria (X tons) and Germany (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to Switzerland, with a combined 82% share of total imports. The United States, China, France and the Netherlands lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +37.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Switzerland, comprising 49% of total imports. The second position in the ranking was held by Germany ($X), with a 9.5% share of total imports. It was followed by Italy, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +42.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.4% per year) and Italy (+11.0% per year).

Import Prices by Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, surging by 20% against the previous year. Over the period under review, the import price recorded resilient growth. The pace of growth appeared the most rapid in 2021 an increase of 105%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 the United States ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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