Switzerland: Net Fabric Market 2024

Net Fabric Market Size in Switzerland

The Swiss net fabric market skyrocketed to $X in 2022, increasing by 56% against the previous year. Overall, consumption saw prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Net Fabric Production in Switzerland

In value terms, net fabric production fell slightly to $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.9% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 30%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Net Fabric Exports

Exports from Switzerland

In 2022, net fabric exports from Switzerland dropped to X tons, waning by -10.2% against 2021. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of 7.9% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, net fabric exports contracted to $X in 2022. Overall, total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.8% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X tons) was the main destination for net fabric exports from Switzerland, with a 38% share of total exports. Moreover, net fabric exports to Germany exceeded the volume sent to the second major destination, China (X tons), threefold. Hong Kong SAR (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+52.1% per year) and Hong Kong SAR (+8.6% per year).

In value terms, China ($X), Hong Kong SAR ($X) and South Korea ($X) were the largest markets for net fabric exported from Switzerland worldwide, with a combined 68% share of total exports.

China, with a CAGR of +62.6%, saw 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 net fabric export price amounted to $X per ton, growing by 2.1% against the previous year. Overall, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 45% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Germany ($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 the United States (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Net Fabric Imports

Imports into Switzerland

In 2022, the amount of tulles and other net fabrics imported into Switzerland stood at X tons, with an increase of 10% on 2021 figures. Overall, imports, however, continue to indicate a pronounced decline. The growth pace was the most rapid in 2020 with an increase of 22%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, net fabric imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of net fabric to Switzerland, accounting for a 40% share of total imports. Moreover, net fabric imports from the UK exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by China (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+18.7% per year) and China (+8.9% per year).

In value terms, the UK ($X) constituted the largest supplier of tulles and other net fabrics to Switzerland, comprising 79% of total imports. The second position in the ranking was held by Italy ($X), with a 5.1% share of total imports. It was followed by Turkey, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value from the UK stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.0% per year) and Turkey (+21.1% per year).

Import Prices by Country

In 2022, the average net fabric import price amounted to $X per ton, with a decrease of -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.6%. The pace of growth appeared the most rapid in 2021 an increase of 18%. As a result, import price attained the peak level of $X per ton, and then dropped modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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