Switzerland: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Switzerland

The Swiss market for plastics pipes and pipe fittings expanded rapidly to $X in 2022, increasing by 12% against the previous year. Over the period under review, consumption, however, showed a slight setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Plastics Pipes And Pipe Fittings in Switzerland

In value terms, plastics pipe and pipe fitting production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. Plastics pipe and pipe fitting production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports from Switzerland

In 2022, shipments abroad of plastics pipes and pipe fittings decreased by -2.3% to X tons for the first time since 2016, thus ending a five-year rising trend. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 8.6%. As a result, the exports attained the peak of X tons, and then declined modestly in the following year.

In value terms, plastics pipe and pipe fitting exports totaled $X in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons) was the main destination for plastics pipe and pipe fitting exports from Switzerland, with a 54% share of total exports. Moreover, plastics pipe and pipe fitting exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), ninefold. Austria (X tons) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+15.4% per year) and Austria (+10.9% per year).

In value terms, Germany ($X) remains the key foreign market for plastics pipes and pipe fittings exports from Switzerland, comprising 44% of total exports. The second position in the ranking was taken by Sweden ($X), with a 4.4% share of total exports. It was followed by Italy, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+15.4% per year) and Italy (-1.0% per year).

Export Prices by Country

The average export price for plastics pipes and pipe fittings stood at $X per ton in 2022, with an increase of 9.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Hungary ($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 Sweden (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports into Switzerland

Plastics pipe and pipe fitting imports into Switzerland stood at X tons in 2022, flattening at 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 46%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, plastics pipe and pipe fitting imports rose slightly to $X in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Switzerland, together comprising 88% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +94.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of plastics pipes and pipe fittings to Switzerland, comprising 64% of total imports. The second position in the ranking was held by Italy ($X), with an 18% share of total imports. It was followed by Austria, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.8% per year) and Austria (-2.0% per year).

Import Prices by Country

In 2022, the average import price for plastics pipes and pipe fittings amounted to $X per ton, with an increase of 2.8% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastics pipe and pipe fitting import price decreased by -13.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 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 France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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