Switzerland: Silk Fabric Market 2024

Silk Fabric Market Size in Switzerland

The Swiss silk fabric market declined slightly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, enjoyed a resilient expansion. Silk fabric consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Silk Fabric Production in Switzerland

In value terms, silk fabric production reduced slightly to $X in 2022 estimated in export price. In general, production, however, showed a strong increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Silk fabric production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Silk Fabric Exports

Exports from Switzerland

In 2022, overseas shipments of woven fabrics of silk or of silk waste increased by X% to X square meters, rising for the second year in a row after four years of decline. Over the period under review, exports, however, recorded a abrupt slump. Over the period under review, the exports reached the maximum at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, silk fabric exports soared to $X in 2022. In general, exports, however, recorded a deep contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X square meters) was the main destination for silk fabric exports from Switzerland, with a X% share of total exports. Moreover, silk fabric exports to Germany exceeded the volume sent to the second major destination, Italy (X square meters), fivefold. Bosnia and Herzegovina (X square meters) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Germany ($X) remains the key foreign market for woven fabrics of silk or of silk waste exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with an X% share of total exports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

In 2022, the average silk fabric export price amounted to $X per square meter, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per square meter in 2018; however, from 2019 to 2022, 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 Russia ($X per square meter), while the average price for exports to Bosnia and Herzegovina ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Fabric Imports

Imports into Switzerland

In 2022, after four years of decline, there was significant growth in supplies from abroad of woven fabrics of silk or of silk waste, when their volume increased by X% to X square meters. In general, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X square meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, silk fabric imports expanded significantly to $X in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X square meters) constituted the largest supplier of silk fabric to Switzerland, accounting for a X% share of total imports. Moreover, silk fabric imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X square meters), twofold. The third position in this ranking was taken by India (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and India (X% per year).

In value terms, Italy ($X) constituted the largest supplier of woven fabrics of silk or of silk waste to Switzerland, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average silk fabric import price amounted to $X per square meter, stabilizing at the previous year. In general, the import price, however, showed modest growth. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for India ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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