Switzerland: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Switzerland

For the third year in a row, the Swiss plastic household articles market recorded growth in sales value, which increased by 9.5% to $X in 2022. In general, the total consumption indicated a strong increase 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, consumption increased by +4.9% against 2018 indices. Plastic household articles consumption peaked in 2022 and is expected to retain growth in the near future.

Plastic Household Articles Production in Switzerland

In value terms, plastic household articles production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2018 when the production volume increased by 83% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Plastic Household Articles Exports

Exports from Switzerland

In 2022, exports of household articles and toilet articles of plastics from Switzerland fell markedly to X tons, which is down by -20.8% on the year before. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2016 when exports increased by 6.4% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, plastic household articles exports fell notably to $X in 2022. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 17% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for plastic household articles exports from Switzerland, with a 69% share of total exports. Moreover, plastic household articles exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-7.7% per year) and France (-16.4% per year).

In value terms, Germany ($X) remains the key foreign market for household articles and toilet articles of plastics exports from Switzerland, comprising 66% of total exports. The second position in the ranking was held by Austria ($X), with a 7.6% share of total exports. It was followed by Italy, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-5.2% per year) and Italy (-2.1% per year).

Export Prices by Country

The average plastic household articles export price stood at $X per ton in 2022, picking up by 3.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 14% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to the Czech Republic ($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 Italy (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Switzerland

After two years of growth, purchases abroad of household articles and toilet articles of plastics decreased by -6.7% to X tons in 2022. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 19%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, plastic household articles imports fell slightly to $X in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of plastic household articles to Switzerland, accounting for a 38% share of total imports. Moreover, plastic household articles imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Italy (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.0% per year) and Italy (-4.4% per year).

In value terms, Germany ($X), China ($X) and Italy ($X) were the largest plastic household articles suppliers to Switzerland, together accounting for 65% of total imports. France, Poland, Sweden, Spain, Austria, the Czech Republic, India and Luxembourg lagged somewhat behind, together comprising a further 21%.

Sweden, with a CAGR of +24.4%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2022, the average plastic household articles import price amounted to $X per ton, rising by 3.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 19%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 China ($X per ton), while the price for the Czech Republic ($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 (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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