Switzerland: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2024

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Switzerland

In 2022, after six years of growth, there was decline in the Swiss knitted shawl and scarf market, when its value decreased by -1.8% to $X. In general, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +110.4% against 2015 indices. Knitted shawl and scarf consumption peaked at $X in 2021, and then dropped modestly in the following year.

Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports from Switzerland

For the tenth year in a row, Switzerland recorded decline in shipments abroad of shawls, scarves and the like of knitted or crocheted textiles, which decreased by -44.9% to X units in 2022. Overall, exports continue to indicate a precipitous setback. The smallest decline of -0.3% was in 2013. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, knitted shawl and scarf exports dropped to $X in 2022. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Italy (X units) and the United Arab Emirates (X units) were the main destinations of knitted shawl and scarf exports from Switzerland, with a combined 69% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +13.5%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for knitted shawl and scarf exported from Switzerland were Germany ($X), Italy ($X) and France ($X), with a combined 71% share of total exports. Poland, the Netherlands, Japan, China, the United States, the United Arab Emirates, Hong Kong SAR and South Korea lagged somewhat behind, together comprising a further 21%.

Among the main countries of destination, Poland, with a CAGR of +27.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average knitted shawl and scarf export price stood at $X per unit in 2022, jumping by 56% against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 92%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports into Switzerland

In 2022, purchases abroad of shawls, scarves and the like of knitted or crocheted textiles decreased by -2.2% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by 9.8%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, knitted shawl and scarf imports shrank to $X in 2022. In general, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2020 with an increase of 8.1% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest knitted shawl and scarf supplier to Switzerland, with a 51% share of total imports. Moreover, knitted shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. Germany (X units) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-9.1% per year) and Germany (-11.1% per year).

In value terms, China ($X) constituted the largest supplier of shawls, scarves and the like of knitted or crocheted textiles to Switzerland, comprising 46% of total imports. The second position in the ranking was taken by Italy ($X), with a 17% share of total imports. It was followed by Germany, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.8% per year) and Germany (-6.0% per year).

Import Prices by Country

In 2022, the average knitted shawl and scarf import price amounted to $X per unit, with a decrease of -3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 22%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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