Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland - 2024
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland (FOB) - 2024
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland (CIF) - 2022
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland (FOB) - 2024
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,329 per ton in January 2024, stabilizing at the previous month. Overall, the export price saw a slight reduction. The growth pace was the most rapid in April 2023 an increase of 2.9% m-o-m. Over the period under review, the average export prices reached the maximum at $3,759 per ton in January 2023; however, from February 2023 to January 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Romania ($6,776 per ton), while the average price for exports to Luxembourg ($2,074 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland (CIF) - 2022
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,310 per ton in 2022, with an increase of 7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2016 when the average import price increased by 63%. As a result, import price reached the peak level of $5,476 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($6,377 per ton), while the price for Italy ($2,787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland
Exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from Switzerland shrank slightly to 98K tons in 2022, waning by -3.7% on the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 7.8% against the previous year. As a result, the exports reached the peak of 102K tons, and then dropped modestly in the following year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) rose to $338M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 63.2 | 62.4 | 85.5 | 94.9 | 14.5% |
| Germany | 72.4 | 64.8 | 86.2 | 85.7 | 5.8% |
| China | 13.7 | 15.5 | 17.2 | 18.4 | 10.3% |
| Poland | 13.4 | 12.7 | 15.9 | 18.1 | 10.5% |
| Italy | 7.3 | 8.9 | 11.8 | 12.0 | 18.0% |
| Spain | 6.7 | 6.8 | 7.9 | 8.6 | 8.7% |
| Czech Republic | 7.3 | 7.1 | 8.6 | 8.3 | 4.4% |
| France | 6.1 | 5.6 | 7.3 | 7.3 | 6.2% |
| Turkey | 5.5 | 4.6 | 5.2 | 7.0 | 8.4% |
| United Kingdom | 5.8 | 6.0 | 6.0 | 6.0 | 1.1% |
| Romania | 3.1 | 3.7 | 4.6 | 5.6 | 21.8% |
| Belgium | 7.6 | 4.2 | 3.9 | 3.7 | -21.3% |
| Others | 56.1 | 57.3 | 66.4 | 62.1 | 3.4% |
| Total | 268 | 260 | 327 | 338 | 8.0% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Switzerland in 2022:
- Luxembourg (36.5K tons)
- Germany (24.9K tons)
- Poland (4.8K tons)
- Italy (3.0K tons)
- China (2.9K tons)
- Turkey (2.2K tons)
- Czech Republic (1.8K tons)
- United Kingdom (1.8K tons)
- Spain (1.8K tons)
- Romania (1.5K tons)
- France (1.5K tons)
- Belgium (1.5K tons)
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland
In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) imported into Switzerland shrank slightly to 18K tons, almost unchanged from the previous year. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of 18K tons, leveling off in the following year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded notably to $76M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 34.2 | 34.0 | 38.6 | 40.0 | 5.4% |
| France | 6.0 | 9.8 | 11.8 | 13.9 | 32.3% |
| Italy | 10.3 | 7.2 | 8.5 | 8.5 | -6.2% |
| Netherlands | 3.1 | 1.8 | 2.1 | 2.3 | -9.5% |
| Others | 9.7 | 8.2 | 10.5 | 11.2 | 4.9% |
| Total | 63.3 | 61.1 | 71.4 | 76.0 | 6.3% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Switzerland in 2022:
- Germany (10.1K tons)
- Italy (3.0K tons)
- France (2.5K tons)
- Netherlands (0.8K tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Switzerland.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
