Switzerland: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in Switzerland

In 2021, after two years of decline, there was significant growth in the Swiss quilted textile products market, when its value increased by 6.7% to $X. Over the period under review, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.8% against 2018 indices. Quilted textile products consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Quilted Textile Products Production in Switzerland

In value terms, quilted textile products production amounted to $X in 2021 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.2% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 23% against the previous year. Quilted textile products production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Quilted Textile Products Exports

Exports from Switzerland

In 2021, after two years of growth, there was significant decline in shipments abroad of quilted textile products in the piece (excluding embroidery), when their volume decreased by -30.2% to X tons. Overall, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by 303%. Over the period under review, the exports hit record highs at X tons in 2020, and then shrank remarkably in the following year.

In value terms, quilted textile products exports contracted sharply to $X in 2021. Over the period under review, exports, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 230% against the previous year. The exports peaked at $X in 2020, and then dropped markedly in the following year.

Exports by Country

Bulgaria (X tons) was the main destination for quilted textile products exports from Switzerland, accounting for a 43% share of total exports. Moreover, quilted textile products exports to Bulgaria exceeded the volume sent to the second major destination, North Macedonia (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bulgaria totaled +83.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+46.1% per year) and the Czech Republic (+60.3% per year).

In value terms, the United States ($X), North Macedonia ($X) and Bulgaria ($X) constituted the largest markets for quilted textile products exported from Switzerland worldwide, together comprising 77% of total exports. The UK, Portugal, the Czech Republic, Romania, Germany, Tunisia and Austria lagged somewhat behind, together comprising a further 21%.

The UK, with a CAGR of +277.4%, saw the highest growth rate of 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

The average quilted textile products export price stood at $X per ton in 2021, surging by 17% against the previous year. Overall, the export price, however, showed a deep downturn. The growth pace was the most rapid in 2015 an increase of 59% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Austria ($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 the UK (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Quilted Textile Products Imports

Imports into Switzerland

In 2021, purchases abroad of quilted textile products in the piece (excluding embroidery) decreased by -12.9% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 46%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, quilted textile products imports dropped dramatically to $X in 2021. Over the period under review, imports showed a mild curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by 47%. Imports peaked at $X in 2020, and then contracted notably in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest quilted textile products supplier to Switzerland, with a 50% share of total imports. Moreover, quilted textile products imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. Croatia (X tons) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-18.6% per year) and Croatia (+25.3% per year).

In value terms, Germany ($X) constituted the largest supplier of quilted textile products in the piece (excluding embroidery) to Switzerland, comprising 33% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.4% per year) and China (+14.5% per year).

Import Prices by Country

The average quilted textile products import price stood at $X per ton in 2021, with a decrease of -8.1% against the previous year. Overall, the import price saw a mild reduction. The growth pace was the most rapid in 2018 an increase of 44%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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