Switzerland: Polyamide Market 2024

Polyamide Market Size in Switzerland

After two years of decline, the Swiss polyamide market increased by 6.6% to $X in 2021. Over the period under review, consumption showed a abrupt setback. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Polyamide Production in Switzerland

In value terms, polyamide production declined markedly to $X in 2021 estimated in export price. Overall, production showed a significant increase. Polyamide production peaked at $X in 2020, and then contracted markedly in the following year.

Polyamide Exports

Exports from Switzerland

In 2021, polyamide exports from Switzerland soared to X tons, rising by 24% compared with the previous year's figure. The total export volume increased at an average annual rate of +24.2% over the period from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, polyamide exports skyrocketed to $X in 2021. Overall, total exports indicated significant growth from 2020 to 2021: its value increased at an average annual rate of +39.1% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for polyamide exports from Switzerland, accounting for a 27% share of total exports. Moreover, polyamide exports to Germany exceeded the volume sent to the second major destination, China (X tons), fourfold. France (X tons) ranked third in terms of total exports with a 4.9% share.

From 2020 to 2021, the average annual growth rate of volume to Germany amounted to -31.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-11.7% per year) and France (-30.5% per year).

In value terms, Germany ($X) remains the key foreign market for polyamides (in primary forms) exports from Switzerland, comprising 26% of total exports. The second position in the ranking was held by China ($X), with a 9.2% share of total exports. It was followed by France, with a 4.7% share.

From 2020 to 2021, the average annual growth rate of value to Germany stood at -17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+3.1% per year) and France (-19.1% per year).

Export Prices by Country

The average polyamide export price stood at $X per ton in 2021, growing by 12% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of +12.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.

Polyamide Imports

Imports into Switzerland

In 2021, after two years of decline, there was significant growth in overseas purchases of polyamides (in primary forms), when their volume increased by 29% to X tons. The total import volume increased at an average annual rate of +2.8% over the period 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.

In value terms, polyamide imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.6% over the period 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

In 2021, Germany (X tons) constituted the largest supplier of polyamide to Switzerland, with a 55% share of total imports. Moreover, polyamide imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Italy (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+9.8% per year) and Italy (+3.1% per year).

In value terms, Germany ($X) constituted the largest supplier of polyamides (in primary forms) to Switzerland, comprising 58% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Italy, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+11.3% per year) and Italy (+1.2% per year).

Import Prices by Country

The average polyamide import price stood at $X per ton in 2021, picking up by 12% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($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 United States (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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