Switzerland: Fluoropolymers Market 2024

Fluoropolymers Market Size in Switzerland

The Swiss fluoropolymers market rose sharply to $X in 2021, growing by 12% against the previous year. In general, consumption saw a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Fluoropolymers Production in Switzerland

In value terms, fluoropolymers production rose remarkably to $X in 2021 estimated in export price. Overall, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 2,835% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Fluoropolymers Exports

Exports from Switzerland

In 2021, shipments abroad of fluoropolymers was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -39.0% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of 58%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, fluoropolymers exports soared to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 81% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for fluoropolymers exports from Switzerland, with a 59% share of total exports. Moreover, fluoropolymers exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), threefold. France (X tons) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.3% per year) and France (-17.5% per year).

In value terms, Italy ($X), Germany ($X) and France ($X) were the largest markets for fluoropolymers exported from Switzerland worldwide, together comprising 85% of total exports. These countries were followed by the United States and India, which together accounted for a further 9.3%.

In terms of the main countries of destination, the United States, with a CAGR of +67.2%, saw the highest growth rate of the value of exports, 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 fluoropolymers export price amounted to $X per ton, with an increase of 13% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 15%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($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 (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Fluoropolymers Imports

Imports into Switzerland

In 2021, supplies from abroad of fluoropolymers increased by 4.4% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2016 when imports increased by 31%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, fluoropolymers imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2016 when imports increased by 31%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

France (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of fluoropolymers imports to Switzerland, together accounting for 53% of total imports. Japan, the United States, India, Russia, China and the Netherlands lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +83.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fluoropolymers suppliers to Switzerland were France ($X), Germany ($X) and Italy ($X), with a combined 54% share of total imports. The United States, Japan, India, China, Russia and the Netherlands lagged somewhat behind, together comprising a further 43%.

Russia, with a CAGR of +56.4%, saw the highest growth rate of 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

In 2021, the average fluoropolymers import price amounted to $X per ton, with an increase of 18% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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