The export of glass and glassware from Switzerland is forecasted to decline from 2024 to 2028. In 2023, the export value was at 483.0 million USD. For the years 2024 to 2028, the values show a consistent year-on-year decrease: 480.3 million USD in 2024, 477.89 million USD in 2025, 475.52 million USD in 2026, 473.2 million USD in 2027, and 470.93 million USD in 2028.
Year-on-year changes in export values exhibit small decreases:
- 2024: -0.56%
- 2025: -0.50%
- 2026: -0.50%
- 2027: -0.49%
- 2028: -0.48%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -0.5%, indicating a steady but gradual decline.
Future trends to watch for include shifts in global demand, advancements in glass technology, and potential trade policies affecting exports. Sustained economic stability will be crucial to counteract the ongoing decline.
