Switzerland: Reclaimed Rubber Market 2024

Reclaimed Rubber Market Size in Switzerland

The Swiss reclaimed rubber market contracted slightly to $X in 2023, falling by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, enjoyed strong growth. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Reclaimed Rubber Exports

Exports from Switzerland

In 2023, after two years of growth, there was significant decline in overseas shipments of reclaimed rubber, when their volume decreased by X% to X tons. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2022, and then shrank markedly in the following year.

In value terms, reclaimed rubber exports dropped sharply to $X in 2023. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2022, and then reduced remarkably in the following year.

Exports by Country

Turkey (X tons) was the main destination for reclaimed rubber exports from Switzerland, accounting for a X% share of total exports. Moreover, reclaimed rubber exports to Turkey exceeded the volume sent to the second major destination, France (X tons), sevenfold. The third position in this ranking was taken by Malaysia (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Malaysia (X.8% per year).

In value terms, Turkey ($X) remains the key foreign market for reclaimed rubber exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Finland (X% per year).

Export Prices by Country

In 2023, the average reclaimed rubber export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Reclaimed Rubber Imports

Imports into Switzerland

In 2023, approx. X tons of reclaimed rubber were imported into Switzerland; falling by X% compared with 2022. Overall, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, reclaimed rubber imports reached $X in 2023. Over the period under review, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Germany (X tons) constituted the largest supplier of reclaimed rubber to Switzerland, accounting for a X% share of total imports. Moreover, reclaimed rubber imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) constituted the largest supplier of reclaimed rubber to Switzerland, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2023, the average reclaimed rubber import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform