Switzerland: Prisms And Mirrors Market 2025

Prisms And Mirrors Market Size in Switzerland

The Swiss prisms and mirrors market contracted slightly to $X in 2022, approximately equating the previous year. In general, consumption showed a buoyant increase. Prisms and mirrors consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Prisms And Mirrors Production in Switzerland

In value terms, prisms and mirrors production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 254%. Prisms and mirrors production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Prisms And Mirrors Exports

Exports from Switzerland

In 2022, shipments abroad of prisms and mirrors increased by 3.5% to X tons, rising for the second year in a row after three years of decline. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 36% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, prisms and mirrors exports expanded to $X in 2022. In general, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +16.6% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 28% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for prisms and mirrors exports from Switzerland, with a 35% share of total exports. Moreover, prisms and mirrors exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+39.3% per year) and the United States (-0.4% per year).

In value terms, Germany ($X) remains the key foreign market for prisms and mirrors exports from Switzerland, comprising 35% of total exports. The second position in the ranking was held by China ($X), with a 10% share of total exports. It was followed by the United States, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+23.4% per year) and the United States (+4.4% per year).

Export Prices by Country

The average prisms and mirrors export price stood at $X per kg in 2022, stabilizing at the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prisms and mirrors export price decreased by -12.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 29%. The export price peaked at $X per kg in 2020; however, from 2021 to 2022, 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 China ($X per kg), while the average price for exports to Slovakia ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Prisms And Mirrors Imports

Imports into Switzerland

In 2022, overseas purchases of prisms and mirrors increased by 17% to X tons, rising for the fourth consecutive year after five years of decline. Over the period under review, imports recorded a temperate increase. The pace of growth was the most pronounced in 2021 when imports increased by 47%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, prisms and mirrors imports rose modestly to $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 31% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), China (X tons) and the United States (X tons) were the main suppliers of prisms and mirrors imports to Switzerland, with a combined 81% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +9.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prisms and mirrors suppliers to Switzerland were Germany ($X), China ($X) and the United States ($X), with a combined 71% share of total imports.

Among the main suppliers, China, with a CAGR of +18.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average prisms and mirrors import price amounted to $X per kg, waning by -12.8% against the previous year. In general, the import price, however, showed modest growth. The growth pace was the most rapid in 2018 when the average import price increased by 71% against the previous year. As a result, import price attained the peak level of $X per kg. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per kg), while the price for the UK ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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