Report Update: May 1, 2024

Switzerland - Seals Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Vulcanised Rubber Seal Price in Switzerland - 2023

Vulcanised Rubber Seal Price in Switzerland (CIF) - 2023

In September 2023, the average vulcanised rubber seal import price amounted to $52,097 per ton, reducing by -2.8% against the previous month. Over the period under review, import price indicated a pronounced expansion from September 2022 to September 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, vulcanised rubber seal import price decreased by -11.0% against July 2023 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 73% m-o-m. Over the period under review, average import prices attained the peak figure at $66,219 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Austria ($78,419 per ton), while the price for Turkey ($9,897 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Vulcanised Rubber Seal Price in Switzerland (FOB) - 2023

In September 2023, the average vulcanised rubber seal export price amounted to $154K per ton, reducing by -13.2% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in December 2022 an increase of 38% m-o-m. The export price peaked at $178K per ton in August 2023, and then declined in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($322K per ton), while the average price for exports to Slovenia ($34,629 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Seal Imports in Switzerland

For the fourth year in a row, Switzerland recorded growth in overseas purchases of seals of vulcanised rubber, which increased by 0.8% to 3.3K tons in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 126% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, vulcanised rubber seal imports totaled $137M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Vulcanised Rubber Seal in Switzerland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	36.6	35.9	44.1	44.6	6.8%
Italy	20.1	19.2	23.4	28.0	11.7%
France	11.7	13.1	13.1	12.3	1.7%
Turkey	4.0	3.9	6.1	6.9	19.9%
China	3.6	3.5	4.9	5.8	17.2%
Taiwan (Chinese)	3.5	3.6	5.3	3.6	0.9%
Slovenia	0.8	1.1	1.8	2.0	35.7%
Spain	0.4	0.4	1.1	0.8	26.0%
Others	24.2	25.2	31.8	32.5	10.3%
Total	105	106	131	137	9.3%

Top Suppliers of Vulcanised Rubber Seal to Switzerland in 2022:

Germany (1242.2 tons)
Turkey (732.9 tons)
Italy (511.2 tons)
China (139.5 tons)
Slovenia (104.3 tons)
Taiwan (Chinese) (59.0 tons)
Spain (57.3 tons)
France (55.7 tons)

Vulcanised Rubber Seal Exports in Switzerland

After three years of growth, overseas shipments of seals of vulcanised rubber decreased by -17.4% to 984 tons in 2022. The total export volume increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 26%. As a result, the exports attained the peak of 1.2K tons, and then declined rapidly in the following year.

In value terms, vulcanised rubber seal exports totaled $116M in 2022. The total export value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Vulcanised Rubber Seal in Switzerland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	27.8	26.9	30.2	28.9	1.3%
United States	9.0	8.8	11.0	12.6	11.9%
Austria	6.8	7.8	8.7	9.5	11.8%
France	6.3	6.4	7.3	8.8	11.8%
Italy	5.8	5.1	6.7	6.8	5.4%
China	5.1	5.8	5.7	5.8	4.4%
United Kingdom	3.5	3.2	3.9	4.3	7.1%
Netherlands	2.8	2.9	3.2	3.4	6.7%
Poland	1.8	2.5	2.3	2.6	13.0%
Belgium	0.7	0.9	1.4	2.6	54.9%
South Korea	1.3	1.1	1.2	1.8	11.5%
Hungary	1.4	0.9	1.3	1.7	6.7%
Others	20.3	20.6	24.3	26.8	9.7%
Total	92.5	92.8	107	116	7.8%

Top Export Markets for Vulcanised Rubber Seal from Switzerland in 2022:

Germany (270.6 tons)
Italy (125.9 tons)
France (115.7 tons)
Austria (104.3 tons)
United States (71.5 tons)
China (24.2 tons)
United Kingdom (22.7 tons)
Hungary (20.9 tons)
Netherlands (19.6 tons)
South Korea (19.3 tons)
Belgium (18.0 tons)
Poland (16.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vulcanised rubber seal market in Switzerland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22197323 - Seals, of vulcanised rubber

Country coverage:

Switzerland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Switzerland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023