Switzerland: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Switzerland

The Swiss market for plastic hoses and hose fittings shrank to $X in 2021, declining by -10.8% against the previous year. Over the period under review, consumption showed a prominent increase. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Production of Plastic Hoses and Hose Fittings in Switzerland

In value terms, plastic hose and hose fitting production reduced remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, saw strong growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 127% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then shrank markedly in the following year.

Exports of Plastic Hoses and Hose Fittings

Exports from Switzerland

In 2021, the amount of plastic hoses and hose fittings exported from Switzerland skyrocketed to X tons, rising by 17% compared with 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting exports skyrocketed to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for plastic hose and hose fitting exports from Switzerland, with a 40% share of total exports. Moreover, plastic hose and hose fitting exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a 6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-2.9% per year) and the Netherlands (+4.5% per year).

In value terms, Germany ($X) remains the key foreign market for plastic hoses and hose fittings exports from Switzerland, comprising 36% of total exports. The second position in the ranking was taken by Italy ($X), with a 10% share of total exports. It was followed by the United States, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-2.3% per year) and the United States (-1.9% per year).

Export Prices by Country

In 2021, the average export price for plastic hoses and hose fittings amounted to $X per ton, rising by 7.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($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 Netherlands (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports into Switzerland

In 2021, supplies from abroad of plastic hoses and hose fittings increased by 69% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic hose and hose fitting imports surged to $X in 2021. The total import value increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and Austria (X tons) were the main suppliers of plastic hose and hose fitting imports to Switzerland, together accounting for 82% of total imports. France, Serbia, the Netherlands, China and Sweden lagged somewhat behind, together accounting for a further 9.5%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +13.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of plastic hoses and hose fittings to Switzerland, comprising 39% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by Austria, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.4% per year) and Austria (+2.2% per year).

Import Prices by Country

The average import price for plastic hoses and hose fittings stood at $X per ton in 2021, with a decrease of -18.1% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, plastic hose and hose fitting import price decreased by -23.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 44%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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