Switzerland: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in Switzerland

The Swiss pile and chenille fabric market amounted to $X in 2021, with an increase of 4.7% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Woven Pile Fabrics And Chenille Fabrics in Switzerland

In value terms, pile and chenille fabric production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 23% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Switzerland

For the ninth consecutive year, Switzerland recorded decline in overseas shipments of woven pile fabrics and chenille fabrics, which decreased by -15% to X tons in 2021. Overall, exports faced a abrupt downturn. The smallest decline of -11.7% was in 2013. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, pile and chenille fabric exports dropped to $X in 2021. Over the period under review, exports recorded a abrupt decline. The smallest decline of -3.5% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for pile and chenille fabric exports from Switzerland, accounting for a 35% share of total exports. Moreover, pile and chenille fabric exports to Poland exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland stood at -9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-24.2% per year) and Spain (-10.7% per year).

In value terms, the largest markets for pile and chenille fabric exported from Switzerland were Germany ($X), Poland ($X) and the Czech Republic ($X), with a combined 77% share of total exports. Portugal, Canada, Turkey, France, the United States, Romania, Spain, Estonia, Mexico and Slovakia lagged somewhat behind, together accounting for a further 16%.

Estonia, with a CAGR of +4.9%, 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 mixed trend patterns.

Export Prices by Country

In 2021, the average pile and chenille fabric export price amounted to $X per ton, with an increase of 8.8% against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 17% against the previous year. The export price peaked in 2021 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 the Czech Republic ($X per ton), while the average price for exports to Slovakia ($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 Germany (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Switzerland

In 2021, the amount of woven pile fabrics and chenille fabrics imported into Switzerland rose modestly to X tons, with an increase of 1.9% on the year before. Over the period under review, imports, however, saw a deep slump. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, pile and chenille fabric imports stood at $X in 2021. Overall, imports, however, showed a perceptible contraction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main suppliers of pile and chenille fabric imports to Switzerland, together accounting for 68% of total imports. These countries were followed by the UK, China, Belgium and Turkey, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of -0.3%), while imports for the other leaders experienced a decline.

In value terms, the largest pile and chenille fabric suppliers to Switzerland were Germany ($X), France ($X) and the UK ($X), with a combined 64% share of total imports. These countries were followed by Italy, Belgium, China and Turkey, which together accounted for a further 28%.

Among the main suppliers, China, with a CAGR of +7.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pile and chenille fabric import price stood at $X per ton in 2021, rising by 3.1% against the previous year. Over the last nine years, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2014 an increase of 17%. The import price peaked in 2021 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 the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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