Switzerland: Market for Unsaturated Polyesters In Primary Forms 2024

Market Size for Unsaturated Polyesters In Primary Forms in Switzerland

The Swiss market for unsaturated polyesters in primary forms contracted to $X in 2021, declining by -13.1% against the previous year. Overall, consumption saw a pronounced reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Unsaturated Polyesters In Primary Forms in Switzerland

In value terms, unsaturated polyesters in primary forms production fell to $X in 2021 estimated in export price. Over the period under review, production recorded a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. Unsaturated polyesters in primary forms production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Unsaturated Polyesters In Primary Forms

Exports from Switzerland

In 2021, shipments abroad of unsaturated polyesters in primary forms was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 45%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, unsaturated polyesters in primary forms exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 30%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons), the United States (X tons) and Germany (X tons) were the main destinations of unsaturated polyesters in primary forms exports from Switzerland, with a combined 64% share of total exports. France, Italy, Finland, Slovakia, Denmark, India and Turkey lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +158.8%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for unsaturated polyesters in primary forms exported from Switzerland worldwide, together accounting for 58% of total exports. These countries were followed by Slovakia, France, Italy, Finland, India, Denmark and Turkey, which together accounted for a further 29%.

Slovakia, with a CAGR of +161.0%, 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

The average export price for unsaturated polyesters in primary forms stood at $X per ton in 2021, shrinking by -8.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 24%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to France ($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 Turkey (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unsaturated Polyesters In Primary Forms

Imports into Switzerland

In 2021, purchases abroad of unsaturated polyesters in primary forms increased by 39% to X tons, rising for the second consecutive year after six years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, unsaturated polyesters in primary forms imports skyrocketed to $X in 2021. Overall, imports saw a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

France (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of unsaturated polyesters in primary forms imports to Switzerland, with a combined 86% share of total imports. Belgium, the Netherlands, Poland, Japan and Spain lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +162.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unsaturated polyesters in primary forms suppliers to Switzerland were Italy ($X), France ($X) and Germany ($X), together comprising 75% of total imports. These countries were followed by Belgium, Japan, Poland, the Netherlands and Spain, which together accounted for a further 17%.

Japan, with a CAGR of +133.7%, recorded the highest rates of growth with regard to 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

The average import price for unsaturated polyesters in primary forms stood at $X per ton in 2021, with an increase of 31% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :