Switzerland: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2024

Market Size for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Switzerland

In 2021, after two years of decline, there was significant growth in the Swiss market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning, when its value increased by 21% to $X. Over the period under review, consumption, however, continues to indicate a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Switzerland

In value terms, production of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt slump. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Exports from Switzerland

In 2021, overseas shipments of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning decreased by -69.6% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports saw a significant decrease. The most prominent rate of growth was recorded in 2014 with an increase of 39% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning shrank dramatically to $X in 2021. Over the period under review, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2014 when exports increased by 36%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning from Switzerland, accounting for a 90% share of total exports. Moreover, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to Germany exceeded the volume sent to the second major destination, Austria (X kg), tenfold.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -24.2%.

In value terms, Germany ($X) remains the key foreign market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning exports from Switzerland, comprising 76% of total exports. The second position in the ranking was held by Austria ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -32.1%.

Export Prices by Country

In 2021, the average export price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, dropping by -3% against the previous year. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Imports into Switzerland

After three years of decline, supplies from abroad of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 20% to X tons in 2021. Overall, imports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Austria (X tons) constituted the largest supplier of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to Switzerland, accounting for a 61% share of total imports. Moreover, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning from Austria exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria totaled -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+8.2% per year) and Italy (+0.0% per year).

In value terms, Austria ($X) constituted the largest supplier of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to Switzerland, comprising 54% of total imports. The second position in the ranking was held by Belgium ($X), with a 23% share of total imports. It was followed by Italy, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+10.8% per year) and Italy (+2.2% per year).

Import Prices by Country

The average import price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, increasing by 32% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Belgium ($X per ton) and Italy ($X per ton), while the price for Austria ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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