Switzerland: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in Switzerland

The Swiss pyrotechnic articles market contracted significantly to $X in 2021, with a decrease of -35.7% against the previous year. In general, consumption continues to indicate a deep slump. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Pyrotechnic Articles Production in Switzerland

In value terms, pyrotechnic articles production skyrocketed to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt slump. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Pyrotechnic Articles Exports

Exports from Switzerland

For the third year in a row, Switzerland recorded growth in overseas shipments of signalling flares, rain rockets, fog signals and other pyrotechnic articles, which increased by 504% to X tons in 2021. In general, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pyrotechnic articles exports surged to $X in 2021. Overall, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for pyrotechnic articles exports from Switzerland, accounting for a 93% share of total exports. Moreover, pyrotechnic articles exports to Sweden exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Sweden amounted to +160.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+5.2% per year) and Germany (-20.8% per year).

In value terms, Sweden ($X) remains the key foreign market for signalling flares, rain rockets, fog signals and other pyrotechnic articles exports from Switzerland, comprising 65% of total exports. The second position in the ranking was held by the UK ($X), with a 5.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Sweden totaled +101.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+6.1% per year) and Germany (-17.1% per year).

Export Prices by Country

In 2021, the average pyrotechnic articles export price amounted to $X per ton, which is down by -24.7% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2019 an increase of 174%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Sweden ($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 Austria (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrotechnic Articles Imports

Imports into Switzerland

In 2021, approx. X tons of signalling flares, rain rockets, fog signals and other pyrotechnic articles were imported into Switzerland; which is down by -19.5% on the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 139% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, pyrotechnic articles imports reached $X in 2021. Overall, imports, however, showed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 117%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and the Czech Republic (X tons) were the main suppliers of pyrotechnic articles imports to Switzerland, together accounting for 65% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +56.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of signalling flares, rain rockets, fog signals and other pyrotechnic articles to Switzerland, comprising 39% of total imports. The second position in the ranking was taken by the United States ($X), with a 19% share of total imports. It was followed by Germany, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from the UK totaled +46.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.3% per year) and Germany (-1.7% per year).

Import Prices by Country

The average pyrotechnic articles import price stood at $X per ton in 2021, with an increase of 24% against the previous year. In general, the import price recorded a strong expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 59% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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