As of 2023, the import of silicones to Switzerland stood at 61.665 million USD. Forecasts from 2024 to 2028 show a consistent decline in silicone imports, decreasing to 59.307 million USD by 2028. The year-on-year variation illustrates a slight reduction of approximately 0.76% from 2023 to 2024, with subsequent annual decreases of around 0.75% each year. Over the past two years leading up to 2024, there was negligible variation. However, the cumulative annual growth rate (CAGR) over the next five years is about -0.76%, signaling a consistent downward trend.
Future trends to watch for include potential shifts in global silicone supply chains, advancements in synthetic alternatives, and economic policies impacting import regulation. Additionally, sustainable and environmentally friendly innovations in materials could play a significant role in reducing reliance on traditional silicone imports.
