Switzerland: Vulcanised Rubber Seal Market 2024

Vulcanised Rubber Seal Market Size in Switzerland

The Swiss vulcanised rubber seal market fell to $X in 2022, waning by X% against the previous year. In general, consumption, however, recorded a prominent increase. Vulcanised rubber seal consumption peaked at $X in 2021, and then contracted modestly in the following year.

Vulcanised Rubber Seal Production in Switzerland

In value terms, vulcanised rubber seal production declined to $X in 2022 estimated in export price. In general, production, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Vulcanised Rubber Seal Exports

Exports from Switzerland

For the third year in a row, Switzerland recorded growth in shipments abroad of seals of vulcanised rubber, which increased by X% to X tons in 2022. In general, exports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, vulcanised rubber seal exports rose rapidly to $X in 2022. Overall, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Germany (X tons) was the main destination for vulcanised rubber seal exports from Switzerland, with a X% share of total exports. Moreover, vulcanised rubber seal exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and France (X% per year).

In value terms, Germany ($X) remains the key foreign market for seals of vulcanised rubber exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports. It was followed by Austria, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average vulcanised rubber seal export price amounted to $X per ton, picking up by X% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vulcanised rubber seal export price increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Italy ($X 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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Seal Imports

Imports into Switzerland

In 2022, overseas purchases of seals of vulcanised rubber increased by X% to X tons, rising for the fourth year in a row after six years of decline. In general, imports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, vulcanised rubber seal imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of vulcanised rubber seal imports to Switzerland, with a combined X% share of total imports. China, Slovenia, Taiwan (Chinese), Spain, France and Austria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the largest vulcanised rubber seal suppliers to Switzerland, with a combined X% share of total imports. Turkey, China, Austria, Taiwan (Chinese), Slovenia and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, China, with a CAGR of X%, recorded 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 vulcanised rubber seal import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price recorded modest growth. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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