Switzerland: Non-Cotton Terry Towelling Market 2024

Non-Cotton Terry Towelling Market Size in Switzerland

The Swiss non-cotton terry towelling market rose markedly to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption enjoyed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.

Non-Cotton Terry Towelling Production in Switzerland

In value terms, non-cotton terry towelling production reduced to $X in 2023 estimated in export price. Overall, production showed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2023, production growth failed to regain momentum.

Non-Cotton Terry Towelling Exports

Exports from Switzerland

Non-cotton terry towelling exports from Switzerland plummeted to X square meters in 2023, declining by X% compared with 2022 figures. Over the period under review, exports saw a dramatic slump. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X square meters in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, non-cotton terry towelling exports contracted markedly to $X in 2023. Overall, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Germany (X square meters) was the main destination for non-cotton terry towelling exports from Switzerland, accounting for a X% share of total exports. Moreover, non-cotton terry towelling exports to Germany exceeded the volume sent to the second major destination, Poland (X square meters), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Germany stood at X%.

In value terms, Poland ($X) and Germany ($X) were the largest markets for non-cotton terry towelling exported from Switzerland worldwide.

Among the main countries of destination, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2023, the average non-cotton terry towelling export price amounted to $X per square meter, rising by X% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per square meter in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per square meter), while the average price for exports to Germany totaled $X per square meter.

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

Non-Cotton Terry Towelling Imports

Imports into Switzerland

In 2023, the amount of terry towelling (excluding of cotton) imported into Switzerland skyrocketed to X square meters, increasing by X% compared with the previous year. In general, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cotton terry towelling imports skyrocketed to $X in 2023. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2023 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2023, China (X square meters) constituted the largest non-cotton terry towelling supplier to Switzerland, accounting for a X% share of total imports. Moreover, non-cotton terry towelling imports from China exceeded the figures recorded by the second-largest supplier, India (X square meters), twofold. The third position in this ranking was held by France (X square meters), with a X% share.

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

In value terms, the largest non-cotton terry towelling suppliers to Switzerland were Germany ($X), China ($X) and France ($X), together accounting for X% of total imports. India, Turkey, the UK, the Netherlands and Italy lagged somewhat behind, together comprising a further X%.

Among the main suppliers, India, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2023, the average non-cotton terry towelling import price amounted to $X per square meter, waning by X% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, non-cotton terry towelling import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices reached the maximum at $X per square meter in 2022, and then fell in the following year.

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 Germany ($X per square meter), while the price for India ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform