Switzerland: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Switzerland

For the third consecutive year, the Swiss market for rigid tubes, pipes and hoses of polymers of vinyl chloride recorded growth in sales value, which increased by 21% to $X in 2022. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Switzerland

Vinyl chloride polymer rigid pipes exports from Switzerland soared to X tons in 2022, growing by 65% against 2021. In general, exports posted a measured increase. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, vinyl chloride polymer rigid pipes exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 87% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Switzerland, accounting for a 34% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to the United Arab Emirates exceeded the volume sent to the second major destination, the United States (X tons), threefold. Turkey (X tons) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+39.8% per year) and Turkey (+9.9% per year).

In value terms, the largest markets for vinyl chloride polymer rigid pipes exported from Switzerland were the United Arab Emirates ($X), Turkey ($X) and Germany ($X), together comprising 39% of total exports. Spain, the United States, Poland, India, Italy, Romania, Austria and South Korea lagged somewhat behind, together accounting for a further 40%.

Spain, with a CAGR of +28.3%, recorded 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 2022, the average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, dropping by -18.4% against the previous year. In general, the export price showed a pronounced decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Switzerland

In 2022, the amount of rigid tubes, pipes and hoses of polymers of vinyl chloride imported into Switzerland rose markedly to X tons, with an increase of 11% on 2021 figures. Overall, imports, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 26%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, vinyl chloride polymer rigid pipes imports soared to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of vinyl chloride polymer rigid pipes to Switzerland, accounting for a 70% share of total imports. Moreover, vinyl chloride polymer rigid pipes imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.8% per year) and Spain (+8.3% per year).

In value terms, Italy ($X), Germany ($X) and Spain ($X) were the largest vinyl chloride polymer rigid pipes suppliers to Switzerland, together accounting for 91% of total imports. Greece, France and Austria lagged somewhat behind, together accounting for a further 4.1%.

Greece, with a CAGR of +83.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, rising by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2021 an increase of 30%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :