Switzerland: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Switzerland

In 2022, the Swiss market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 27% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from Switzerland

In 2022, shipments abroad of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground was finally on the rise to reach X square meters for the first time since 2018, thus ending a three-year declining trend. In general, exports recorded a strong increase. The pace of growth appeared the most rapid in 2018 when exports increased by 126%. As a result, the exports attained the peak of X square meters. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground fell to $X in 2022. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% 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 +13.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 91% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X square meters), Italy (X square meters) and the Netherlands (X square meters) were the main destinations of exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Switzerland, with a combined 65% share of total exports. The United Arab Emirates, Mexico, Ireland, France, Turkey, Spain, Belgium, the United States and Qatar lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +164.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the key foreign market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exports from Switzerland, comprising 41% of total exports. The second position in the ranking was held by Germany ($X), with a 19% share of total exports. It was followed by Italy, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico amounted to +44.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.4% per year) and Italy (+11.2% per year).

Export Prices by Country

In 2022, the average export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X per square meter, shrinking by -4.7% against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 106%. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2022, the average export prices failed to regain momentum.

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 Mexico ($X per square meter), while the average price for exports to the United Arab Emirates ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+22.4%), while the prices for the other major destinations experienced a decline.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into Switzerland

In 2022, approx. X square meters of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground were imported into Switzerland; dropping by -4.1% on 2021 figures. In general, imports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2016 when imports increased by 12% against the previous year. Imports peaked at X square meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground soared to $X in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, France (X square meters) constituted the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier to Switzerland, accounting for a 67% share of total imports. Moreover, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from France exceeded the figures recorded by the second-largest supplier, Germany (X square meters), twofold. The third position in this ranking was taken by Italy (X square meters), with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.5% per year) and Italy (-12.0% per year).

In value terms, the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground suppliers to Switzerland were France ($X), Germany ($X) and Italy ($X), together accounting for 92% of total imports.

Germany, with a CAGR of +3.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X per square meter, surging by 47% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by +82.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform