Switzerland: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Switzerland

The Swiss market for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at less than $X in 2022, remaining stable against the previous year. In general, consumption posted slight growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Switzerland

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to less than $X in 2022 estimated in export price. Over the period under review, production recorded a significant increase. The growth pace was the most rapid in 2015 when the production volume increased by 81% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a somewhat lower figure.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from Switzerland

In 2016, approx. X tons of polyethylene terephthalate and other polyethylene terephthalate in primary forms were exported from Switzerland; growing by 2.3% against the previous year's figure. The total export volume increased at an average annual rate of +2.8% from 2012 to 2016; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 8.6% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2016, the growth of the exports of failed to regain momentum.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms contracted to $X in 2016. Over the period under review, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2013 with an increase of 2.2% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2016, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the Netherlands (X tons) and Austria (X tons) were the main destinations of exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Switzerland, together accounting for 79% of total exports. The UK, Poland, Belgium, Hungary and China lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2016, the biggest increases were recorded for Poland (with a CAGR of +36.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene terephthalate and other polyethylene terephthalate in primary forms exported from Switzerland were Germany ($X), Austria ($X) and the Netherlands ($X), with a combined 74% share of total exports. The UK, Belgium, Poland, Hungary and China lagged somewhat behind, together accounting for a further 22%.

Poland, with a CAGR of +18.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2016, the average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, shrinking by -11.7% against the previous year. In general, the export price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price decreased by -4.9% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2016, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (-4.4%), while the prices for the other major destinations experienced a decline.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into Switzerland

Imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms into Switzerland declined to X tons in 2016, waning by -6.9% compared with 2015 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 11%. Over the period under review, imports of attained the peak figure at X tons in 2015, and then dropped in the following year.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms shrank sharply to $X in 2016. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 when imports increased by 7.8%. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports of failed to regain momentum.

Imports by Country

China (X tons), India (X tons) and Germany (X tons) were the main suppliers of imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Switzerland, with a combined 55% share of total imports.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +105.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms suppliers to Switzerland were China ($X), Germany ($X) and India ($X), with a combined 57% share of total imports.

Among the main suppliers, India, with a CAGR of +86.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2016, falling by -11.7% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 a decrease of -2.5% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2016, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by South Korea (-9.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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