Switzerland: Spun Yarn Market 2021

Spun Yarn Market Size in Switzerland

The Swiss spun yarn market rose remarkably to $X in 2019, with an increase of X% against the previous year. Overall, consumption showed buoyant growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Spun yarn consumption peaked at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Spun Yarn Production in Switzerland

In value terms, spun yarn production reached $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2015 to 2019, production growth remained at a somewhat lower figure.

Spun Yarn Exports

Exports from Switzerland

In 2019, the amount of yarn spun from silk waste exported from Switzerland dropped to X tons, reducing by -X% on the year before. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Exports peaked at X tons in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, spun yarn exports fell modestly to $X in 2019. Over the period under review, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

Exports by Country

The U.S. (X tons), France (X tons) and Austria (X tons) were the main destinations of spun yarn exports from Switzerland, together accounting for X% of total exports. These countries were followed by Germany, Canada, Morocco and the UK, which together accounted for a further X 2007 to 2019, the biggest increases were in Morocco, while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for spun yarn exported from Switzerland were the U.S. ($X), France ($X) and Austria ($X), with a combined X% share of total exports.

Austria recorded 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 2019, the average spun yarn export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. From 2015 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Spun Yarn Imports

Imports into Switzerland

In 2019, supplies from abroad of yarn spun from silk waste decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, spun yarn imports fell slightly to $X in 2019. In general, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

Imports by Country

Italy (X kg), Germany (X kg) and China (X kg) were the main suppliers of spun yarn imports to Switzerland, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Italy, while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Germany ($X) and China ($X) constituted the largest spun yarn suppliers to Switzerland, together comprising X% of total imports.

Italy saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average spun yarn import price stood at $X per ton in 2019, rising by X% against the previous year. In general, import price indicated a strong increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, spun yarn import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. The import price peaked in 2019 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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