Switzerland: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Switzerland

In 2021, the Swiss non-woven glass fibre articles market decreased by -14.4% to $X, falling for the fourth year in a row after two years of growth. Overall, consumption recorded a pronounced contraction. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Switzerland

In value terms, non-woven glass fibre articles production soared to $X in 2021 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.1% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 30%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Switzerland

In 2021, the amount of non-woven glass fibre webs, felts, mattresses and boards exported from Switzerland surged to X tons, picking up by 33% compared with the previous year. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 51% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, non-woven glass fibre articles exports surged to $X in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +84.9% against 2016 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 31%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

France (X tons) was the main destination for non-woven glass fibre articles exports from Switzerland, accounting for a 56% share of total exports. Moreover, non-woven glass fibre articles exports to France exceeded the volume sent to the second major destination, Austria (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+49.7% per year) and the Netherlands (+24.3% per year).

In value terms, France ($X) remains the key foreign market for non-woven glass fibre webs, felts, mattresses and boards exports from Switzerland, comprising 45% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports. It was followed by Austria, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+11.5% per year) and Austria (+25.7% per year).

Export Prices by Country

The average non-woven glass fibre articles export price stood at $X per ton in 2021, declining by -3% against the previous year. Overall, the export price saw a mild downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to the Netherlands ($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 the UK (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Switzerland

In 2021, supplies from abroad of non-woven glass fibre webs, felts, mattresses and boards increased by 3% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.0% against 2015 indices. The pace of growth was the most pronounced in 2018 when imports increased by 15% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, non-woven glass fibre articles imports soared to $X in 2021. Overall, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.9% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of non-woven glass fibre articles to Switzerland, accounting for a 83% share of total imports. Moreover, non-woven glass fibre articles imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-5.9% per year) and Italy (+14.3% per year).

In value terms, Germany ($X) constituted the largest supplier of non-woven glass fibre webs, felts, mattresses and boards to Switzerland, comprising 64% of total imports. The second position in the ranking was held by Sweden ($X), with an 11% share of total imports. It was followed by France, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+3.4% per year) and France (-7.6% per year).

Import Prices by Country

The average non-woven glass fibre articles import price stood at $X per ton in 2021, growing by 19% against the previous year. In general, the import price, however, saw a pronounced decrease. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Belgium ($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 UK (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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