Switzerland: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Switzerland

In 2022, the Swiss market for glaziers putty, grafting putty, other mastics and painters' fillings increased by 45% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Switzerland

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Switzerland

In 2022, exports of glaziers putty, grafting putty, other mastics and painters' fillings from Switzerland shrank to X tons, with a decrease of -8.5% on the previous year. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 21% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings shrank to $X in 2022. The total export value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for exports of glaziers putty, grafting putty, other mastics and painters' fillings from Switzerland, with a 81% share of total exports. Moreover, exports of glaziers putty, grafting putty, other mastics and painters' fillings to Germany exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+2.7% per year) and Denmark (-3.3% per year).

In value terms, Germany ($X) remains the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Switzerland, comprising 67% of total exports. The second position in the ranking was held by Belgium ($X), with a 6.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+3.2% per year) and Denmark (-1.6% per year).

Export Prices by Country

In 2022, the average export price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, increasing by 9.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 15%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($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 Denmark (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Switzerland

After four years of growth, purchases abroad of glaziers putty, grafting putty, other mastics and painters' fillings decreased by -4.5% to X tons in 2022. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 19% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings contracted to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest glaziers, grafting putty and painters' filling supplier to Switzerland, with a 65% share of total imports. Moreover, imports of glaziers putty, grafting putty, other mastics and painters' fillings from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold. Belgium (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.5% per year) and Belgium (+5.5% per year).

In value terms, Germany ($X) constituted the largest supplier of glaziers putty, grafting putty, other mastics and painters' fillings to Switzerland, comprising 72% of total imports. The second position in the ranking was taken by Belgium ($X), with a 4.5% share of total imports. It was followed by Austria, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+2.6% per year) and Austria (+2.3% per year).

Import Prices by Country

In 2022, the average import price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, surging by 4.3% against the previous year. Overall, the import price, however, recorded a noticeable slump. The growth pace was the most rapid in 2017 an increase of 25%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Austria ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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