Switzerland: Prepared Binders Market 2024

Prepared Binders Market Size in Switzerland

The Swiss prepared binders market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Prepared Binders Exports

Exports from Switzerland

In 2021, the amount of prepared binders for foundry moulds or cores exported from Switzerland plummeted to X tons, reducing by -30.9% compared with the previous year. In general, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2015 with an increase of 115%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, prepared binders exports contracted sharply to $X in 2021. Over the period under review, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 140%. Over the period under review, the exports reached the peak figure at $X in 2020, and then contracted significantly in the following year.

Exports by Country

Germany (X tons) was the main destination for prepared binders exports from Switzerland, with a 35% share of total exports. Moreover, prepared binders exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was held by the Netherlands (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+88.8% per year) and the Netherlands (+12.2% per year).

In value terms, the Netherlands ($X), the UK ($X) and Austria ($X) appeared to be the largest markets for prepared binders exported from Switzerland worldwide, together accounting for 52% of total exports.

The UK, with a CAGR of +84.2%, saw the highest rates of growth with regard to the value of exports, among 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 2021, the average prepared binders export price amounted to $X per ton, shrinking by -24.3% against the previous year. Over the period under review, the export price, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2014 an increase of 138%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to Germany ($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 Turkey (+31.4%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Binders Imports

Imports into Switzerland

In 2021, after three years of decline, there was significant growth in purchases abroad of prepared binders for foundry moulds or cores, when their volume increased by 43% to X tons. Overall, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared binders imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of prepared binders to Switzerland, accounting for a 86% share of total imports. Moreover, prepared binders imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.5% per year) and the Czech Republic (+78.4% per year).

In value terms, the largest prepared binders suppliers to Switzerland were Germany ($X), Italy ($X) and the Czech Republic ($X), with a combined 96% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +86.3%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average prepared binders import price amounted to $X per ton, shrinking by -12.2% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Germany ($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 Czech Republic (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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