Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland - 2023

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland (CIF) - 2023
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland
  4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland (CIF) - 2023

The average import price for wadding; other articles thereof, of man-made fibreses stood at $12,975 per ton in November 2023, picking up by 11% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in January 2023 an increase of 51% month-to-month. As a result, import price reached the peak level of $15,371 per ton. From February 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($19,359 per ton), while the price for Turkey ($8,257 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $17,615 per ton, surging by 2.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 57%. As a result, the export price reached the peak level of $20,982 per ton. From 2018 to 2022, 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 Brazil ($80,885 per ton), while the average price for exports to Austria ($6,672 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 UK (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland

In 2022, imports of wadding; other articles thereof, of man-made fibreses into Switzerland shrank slightly to 2.9K tons, remaining constant against the previous year's figure. In general, imports faced a drastic downturn.

In value terms, imports of wadding; other articles thereof, of man-made fibreses dropped to $32M in 2022. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1.2% against the previous year.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland11.69.39.39.0-8.1%
Lithuania16.17.74.87.7-21.8%
Romania4.34.75.85.47.9%
Ukraine1.63.88.13.529.8%
Czech Republic2.92.32.51.1-27.6%
Italy3.01.10.80.9-33.1%
Germany2.30.80.70.8-29.7%
Hungary1.41.00.90.6-24.6%
Russia7.32.10.50.5-59.1%
Others2.02.52.22.811.9%
Total52.435.235.632.4-14.8%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Switzerland in 2022:

  1. Poland (1005.8 tons)
  2. Romania (801.3 tons)
  3. Lithuania (306.6 tons)
  4. Czech Republic (197.1 tons)
  5. Italy (143.5 tons)
  6. Ukraine (109.9 tons)
  7. Germany (83.9 tons)
  8. Russia (62.1 tons)
  9. Hungary (37.3 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland

For the fourth consecutive year, Switzerland recorded growth in overseas shipments of wadding; other articles thereof, of man-made fibreses, which increased by 15% to 104 tons in 2022. The total export volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wadding; other articles thereof, of man-made fibreses surged to $1.8M in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3622162163953.0%
JordanN/AN/AN/A2380%
Brazil5.812.925.7225238.5%
Austria10910611415512.5%
Poland1044.061.41266.6%
Netherlands4.54.969.8112192.0%
Romania49.837.311592.723.0%
United Kingdom36430729976.2-40.6%
Hungary1.824.126.743.9190.0%
Serbia6.120252.543.492.3%
LithuaniaN/A47.212.326.9-24.5%
Czech Republic20.025.022.324.97.6%
Ukraine32.851.05.2N/A-60.2%
Others378274535273-10.3%
Total1,4381,3121,5541,8318.4%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Switzerland in 2022:

  1. Austria (23.3 tons)
  2. Germany (16.4 tons)
  3. Poland (15.0 tons)
  4. Netherlands (11.8 tons)
  5. Jordan (7.6 tons)
  6. Hungary (5.4 tons)
  7. Serbia (4.6 tons)
  8. Romania (4.0 tons)
  9. Lithuania (3.3 tons)
  10. Brazil (2.8 tons)
  11. United Kingdom (2.4 tons)
  12. Czech Republic (1.6 tons)

Source: IndexBox Market Intelligence Platform

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