Switzerland: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Switzerland

The Swiss ethylene polymer rigid pipes market fell rapidly to $X in 2021, waning by -19.2% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Switzerland

In value terms, ethylene polymer rigid pipes production fell sharply to $X in 2021 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +40.3% against 2017 indices. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year. As a result, production reached the peak level of $X, and then fell markedly in the following year.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from Switzerland

For the fifth consecutive year, Switzerland recorded growth in overseas shipments of rigid tubes, pipes and hoses of polymers of ethylene, which increased by 16% to X tons in 2021. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +70.2% against 2014 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ethylene polymer rigid pipes exports surged to $X in 2021. The total export value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for ethylene polymer rigid pipes exports from Switzerland, accounting for a 64% share of total exports. Moreover, ethylene polymer rigid pipes exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold. Austria (X tons) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+28.9% per year) and Austria (+15.6% per year).

In value terms, Germany ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of ethylene exports from Switzerland, comprising 66% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of total exports. It was followed by Italy, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+26.3% per year) and Italy (-6.8% per year).

Export Prices by Country

The average ethylene polymer rigid pipes export price stood at $X per ton in 2021, with an increase of 13% against the previous year. Overall, the export price, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2013 an increase of 21%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Italy ($X per ton) and Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into Switzerland

In 2021, approx. X tons of rigid tubes, pipes and hoses of polymers of ethylene were imported into Switzerland; jumping by 64% compared with the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 76%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, ethylene polymer rigid pipes imports surged to $X in 2021. The total import value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of ethylene polymer rigid pipes imports to Switzerland, with a combined 95% share of total imports. These countries were followed by Belgium, which accounted for a further 2.1%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +44.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene polymer rigid pipes suppliers to Switzerland were Italy ($X), Germany ($X) and Austria ($X), together accounting for 92% of total imports. These countries were followed by Belgium, which accounted for a further 2.3%.

Belgium, with a CAGR of +33.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ethylene polymer rigid pipes import price amounted to $X per ton, falling by -24.1% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 54% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :